Rubber Footwear in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $37.8M in Rubber Footwear, making it the 43rd largest exporter of Rubber Footwear in the world. At the same year, Rubber Footwear was the 416th most exported product in Malaysia. The main destination of Rubber Footwear exports from Malaysia are: Singapore ($14.9M), Indonesia ($2.79M), United Arab Emirates ($2.37M), Hong Kong ($2.27M), and Thailand ($2.11M).

The fastest growing export markets for Rubber Footwear of Malaysia between 2021 and 2022 were Thailand ($884k), Kuwait ($715k), and Vietnam ($579k).

Imports In 2022, Malaysia imported $778M in Rubber Footwear, becoming the 15th largest importer of Rubber Footwear in the world. At the same year, Rubber Footwear was the 72nd most imported product in Malaysia. Malaysia imports Rubber Footwear primarily from: China ($700M), Vietnam ($19.1M), Singapore ($16.5M), Indonesia ($10.2M), and Germany ($7.06M).

The fastest growing import markets in Rubber Footwear for Malaysia between 2021 and 2022 were China ($358M), Vietnam ($11.3M), and Indonesia ($4.33M).

Latest Trends

March 2024

About

Overview In March 2024 Malaysia's Rubber Footwear exports accounted up to MYR22.8M and imports accounted up to MYR68.1M, resulting in a negative trade balance of MYR45.3M. Between March 2023 and March 2024 the exports of Malaysia's Rubber Footwear have decreased by MYR-969k (-4.07%) from MYR23.8M to MYR22.8M, while imports decreased by MYR-30.8M (-31.2%) from MYR99M to MYR68.1M.

Destinations In March 2024, Rubber Footwear were exported mostly to Singapore (MYR13.5M), Netherlands (MYR1.57M), Philippines (MYR1.47M), Vietnam (MYR774k), and Poland (MYR599k), and were imported mostly from China (MYR20.6M), Indonesia (MYR13.4M), Vietnam (MYR13.3M), Singapore (MYR6.45M), and India (MYR4.31M).

Growth In March 2024, the decrease in Rubber Footwear's year-by-year exports was explained primarily by a decrease in exports to Vietnam (MYR-1.17M or -87.8%), Germany (MYR-343k or -75.9%), and Thailand (MYR-123k or -7.91%). In March 2024, the decrease in Rubber Footwear's year-by-year imports was explained primarily by a decrease in imports from China (MYR-19.4M or -37%), Indonesia (MYR-3.33M or -41.6%), and Burma (MYR-2.26M or -81.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)MYR-969k(-4.07%)

IMPORT GROWTH (March 2023 - March 2024)MYR-30.8M(-31.2%)

MAIN DESTINATION (March 2024)SingaporeMYR13.5M

This section shows Rubber Footwear's exports and imports data at subnational level for Malaysia. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Rubber Footwear over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$37.8M

IMPORTS (2022)$778M

NET TRADE (2022)-$740M

In 2022, Malaysia exported $37.8M in Rubber Footwear. The main destinations of Malaysia exports on Rubber Footwear were Singapore ($14.9M), Indonesia ($2.79M), United Arab Emirates ($2.37M), Hong Kong ($2.27M), and Thailand ($2.11M).

In 2022, Malaysia imported $778M in Rubber Footwear, mainly from China ($700M), Vietnam ($19.1M), Singapore ($16.5M), Indonesia ($10.2M), and Germany ($7.06M).

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