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2022
Exports $300MWorld Rnk 23 / 196
Flag Rnk 140 / 1198
2022
Destination $8.8M China
2021 - 2022
FASTEST GROWING MARKET $8.8MChina
2022
PRODUCT COMPLEXITY IN Scrap Copper-0.9Rnk 809 / 1025
2022
Imports $497MWorld Rnk 14 / 147
Flag Rnk 108 / 1203
2022
Origin $6.66M United States
2021 - 2022
FASTEST GROWING ORIGIN $6.66MChinese Taipei
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $300M in Scrap Copper, making it the 23rd largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 140th most exported product in Malaysia. The main destination of Scrap Copper exports from Malaysia are: China ($146M), Chinese Taipei ($61.8M), South Korea ($40.1M), Japan ($30.5M), and Hong Kong ($4.83M).

The fastest growing export markets for Scrap Copper of Malaysia between 2021 and 2022 were China ($8.8M), Japan ($2.92M), and India ($2.22M).

Imports In 2022, Malaysia imported $497M in Scrap Copper, becoming the 14th largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 108th most imported product in Malaysia. Malaysia imports Scrap Copper primarily from: United States ($151M), Japan ($98.3M), Chinese Taipei ($35.7M), Germany ($23.9M), and Australia ($21.7M).

The fastest growing import markets in Scrap Copper for Malaysia between 2021 and 2022 were Chinese Taipei ($6.66M), Colombia ($6.39M), and Peru ($4.93M).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Scrap Copper exports accounted up to MYR10M and imports accounted up to MYR54.5M, resulting in a negative trade balance of MYR44.5M. Between August 2023 and August 2024 the exports of Malaysia's   Scrap Copper have decreased by MYR-11.5M (-53.5%) from MYR21.5M to MYR10M, while imports decreased by MYR-3.55M (-6.11%) from MYR58.1M to MYR54.5M.

Destinations In August 2024, Scrap Copper were exported mostly to Japan (MYR8.78M), South Korea (MYR636k), and United States (MYR598k), and were imported mostly from Japan (MYR19.3M), Singapore (MYR11.9M), South Korea (MYR10.9M), India (MYR5.29M), and Chinese Taipei (MYR4.48M).

Growth In August 2024, the decrease in Scrap Copper's year-by-year exports was explained primarily by a decrease in exports to Japan (MYR-5.13M or -43.1%), South Korea (MYR-692k or -57%), and Singapore (MYR-112k or -6.18%). In August 2024, the decrease in Scrap Copper's year-by-year imports was explained primarily by a decrease in imports from United States (MYR-9.26M or -69%), Chinese Taipei (MYR-5.12M or -99.5%), and Japan (MYR-4.25M or -58.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR-11.5M(-53.5%)
IMPORT GROWTH (August 2023 - August 2024)MYR-3.55M(-6.11%)
MAIN DESTINATION (August 2024)JapanMYR8.78M

This section shows Scrap Copper'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 Scrap Copper over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$300M
IMPORTS (2022)$497M
NET TRADE (2022)-$197M

In 2022, Malaysia exported $300M in Scrap Copper. The main destinations of Malaysia exports on Scrap Copper were China ($146M), Chinese Taipei ($61.8M), South Korea ($40.1M), Japan ($30.5M), and Hong Kong ($4.83M).

In 2022, Malaysia imported $497M in Scrap Copper, mainly from United States ($151M), Japan ($98.3M), Chinese Taipei ($35.7M), Germany ($23.9M), and Australia ($21.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Copper EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$8.8M (6.41%)
Japan$2.92M (10.6%)
India$2.22M (112%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Copper BY Malaysia WERE (2021 - 2022):
Chinese Taipei-$37.9M (-38%)
South Korea-$6.43M (-13.8%)
Hong Kong-$1.74M (-26.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Scrap Copper were:
United States $5.05B
Germany $2.23B
Japan $2.02B
In 2022, Malaysia's main importing competitors in Scrap Copper were:
China $9.38B
Germany $3.52B
South Korea $2.32B

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Trade Value of Scrap Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $21.3M
TOP IMPORT POTENTIALThailand+ $12.8M

Scrap Copper’s highest export potential is India. With an export gap of $21.3M.   Scrap Copper’s highest import potential is Thailand with an import gap of $12.8M.

See methodology.

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