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2022
Exports $2.6MWorld Rnk 40 / 161
Flag Rnk 833 / 1198
2022
Destination $715k United Kingdom
2021 - 2022
FASTEST GROWING MARKET $715kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Rubber Textile Fabric0.89Rnk 211 / 1025
2022
Imports $12.2MWorld Rnk 39 / 213
Flag Rnk 801 / 1203
2022
Origin $3.86M China
2021 - 2022
FASTEST GROWING ORIGIN $3.86MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $2.6M in Rubber Textile Fabric, making it the 40th largest exporter of Rubber Textile Fabric in the world. At the same year, Rubber Textile Fabric was the 833rd most exported product in Malaysia. The main destination of Rubber Textile Fabric exports from Malaysia are: United Kingdom ($1.16M), Singapore ($511k), Indonesia ($177k), Thailand ($131k), and Australia ($112k).

The fastest growing export markets for Rubber Textile Fabric of Malaysia between 2021 and 2022 were United Kingdom ($715k), Chinese Taipei ($49.8k), and United States ($25.4k).

Imports In 2022, Malaysia imported $12.2M in Rubber Textile Fabric, becoming the 39th largest importer of Rubber Textile Fabric in the world. At the same year, Rubber Textile Fabric was the 801st most imported product in Malaysia. Malaysia imports Rubber Textile Fabric primarily from: China ($8.52M), Singapore ($730k), United States ($627k), Vietnam ($418k), and Germany ($402k).

The fastest growing import markets in Rubber Textile Fabric for Malaysia between 2021 and 2022 were China ($3.86M), United States ($245k), and Japan ($193k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Rubber Textile Fabric exports accounted up to MYR407k and imports accounted up to MYR11.3M, resulting in a negative trade balance of MYR10.9M. Between June 2023 and June 2024 the exports of Malaysia's   Rubber Textile Fabric have decreased by MYR-900k (-68.9%) from MYR1.31M to MYR407k, while imports increased by MYR2.27M (25.3%) from MYR9M to MYR11.3M.

Destinations In June 2024, Rubber Textile Fabric were exported mostly to Thailand (MYR172k), Indonesia (MYR112k), Australia (MYR59.8k), Singapore (MYR43.7k), and Papua New Guinea (MYR7.19k), and were imported mostly from China (MYR7.96M), Singapore (MYR1.83M), Japan (MYR548k), Chinese Taipei (MYR309k), and India (MYR152k).

Growth In June 2024, the decrease in Rubber Textile Fabric's year-by-year exports was explained primarily by a decrease in exports to Indonesia (MYR-228k or -93%), Singapore (MYR-59.8k or -38.6%), and Vietnam (MYR-34.4k or -94.1%). In June 2024, the increase in Rubber Textile Fabric's year-by-year imports was explained primarily by an increase in imports from China (MYR2.61M or 197%), Japan (MYR633k or 253%), and Vietnam (MYR631k or 7.7k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-900k(-68.9%)
IMPORT GROWTH (June 2023 - June 2024)MYR2.27M(25.3%)
MAIN DESTINATION (June 2024)ThailandMYR172k

This section shows Rubber Textile Fabric'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 Textile Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.6M
IMPORTS (2022)$12.2M
NET TRADE (2022)-$9.57M

In 2022, Malaysia exported $2.6M in Rubber Textile Fabric. The main destinations of Malaysia exports on Rubber Textile Fabric were United Kingdom ($1.16M), Singapore ($511k), Indonesia ($177k), Thailand ($131k), and Australia ($112k).

In 2022, Malaysia imported $12.2M in Rubber Textile Fabric, mainly from China ($8.52M), Singapore ($730k), United States ($627k), Vietnam ($418k), and Germany ($402k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Textile Fabric EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United Kingdom$715k (160%)
Chinese Taipei$49.8k (1%)
United States$25.4k (1.63k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Textile Fabric BY Malaysia WERE (2021 - 2022):
Philippines-$727k (-95.3%)
Singapore-$124k (-19.5%)
Hong Kong-$96k (-47.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Rubber Textile Fabric were:
Germany $345M
China $316M
United States $212M
In 2022, Malaysia's main importing competitors in Rubber Textile Fabric were:
United States $182M
Germany $144M
Mexico $96.9M

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Trade Value of Rubber Textile Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $136k
TOP IMPORT POTENTIALGermany+ $366k

Rubber Textile Fabric’s highest export potential is Thailand. With an export gap of $136k.   Rubber Textile Fabric’s highest import potential is Germany with an import gap of $366k.

See methodology.

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