2022
Exports
$14MWorld Rnk 51 / 181
Flag Rnk 582 / 1198
2022
PRODUCT COMPLEXITY IN Scrap Plastic
-0.71Rnk 759 / 1025
2022
Imports
$238MWorld Rnk 5 / 188
Flag Rnk 207 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $14M in Scrap Plastic, making it the 51st largest exporter of Scrap Plastic in the world. At the same year, Scrap Plastic was the 582nd most exported product in Malaysia. The main destination of Scrap Plastic exports from Malaysia are: Vietnam ($4.4M), United States ($2.75M), India ($1.62M), Thailand ($1.2M), and South Korea ($988k).

The fastest growing export markets for Scrap Plastic of Malaysia between 2021 and 2022 were United States ($1.43M), Vietnam ($1.34M), and India ($1.04M).

Imports In 2022, Malaysia imported $238M in Scrap Plastic, becoming the 5th largest importer of Scrap Plastic in the world. At the same year, Scrap Plastic was the 207th most imported product in Malaysia. Malaysia imports Scrap Plastic primarily from: Japan ($83.7M), Germany ($29.4M), China ($19.1M), United States ($17.4M), and Spain ($12.4M).

The fastest growing import markets in Scrap Plastic for Malaysia between 2021 and 2022 were Spain ($10.6M), Germany ($6.41M), and Chinese Taipei ($3.57M).

Latest Trends

April 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)MYR2.11M(135%)
IMPORT GROWTH (April 2023 - April 2024)MYR-1.38M(-2.15%)
MAIN DESTINATION (April 2024)BrazilMYR2.26M

This section shows Scrap Plastic'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 Plastic over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14M
IMPORTS (2022)$238M
NET TRADE (2022)-$224M

In 2022, Malaysia exported $14M in Scrap Plastic. The main destinations of Malaysia exports on Scrap Plastic were Vietnam ($4.4M), United States ($2.75M), India ($1.62M), Thailand ($1.2M), and South Korea ($988k).

In 2022, Malaysia imported $238M in Scrap Plastic, mainly from Japan ($83.7M), Germany ($29.4M), China ($19.1M), United States ($17.4M), and Spain ($12.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Plastic EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United States$1.43M (108%)
Vietnam$1.34M (44%)
India$1.04M (177%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Plastic BY Malaysia WERE (2021 - 2022):
Chinese Taipei-$1.76M (-76.4%)
Indonesia-$977k (-70.1%)
Ireland-$548k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Scrap Plastic were:
In 2022, Malaysia's main importing competitors in Scrap Plastic were:

Explore Visualizations

Trade Value of Scrap Plastic by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $836k
TOP IMPORT POTENTIALIndonesia+ $2.04M

Scrap Plastic’s highest export potential is United States. With an export gap of $836k.   Scrap Plastic’s highest import potential is Indonesia with an import gap of $2.04M.

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