Scrap Rubber in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $2.28M in Scrap Rubber, making it the 28th largest exporter of Scrap Rubber in the world. At the same year, Scrap Rubber was the 860th most exported product in Malaysia. The main destination of Scrap Rubber exports from Malaysia are: Singapore ($610k), Australia ($460k), Canada ($191k), Maldives ($173k), and Japan ($173k).

The fastest growing export markets for Scrap Rubber of Malaysia between 2021 and 2022 were Canada ($191k), Singapore ($117k), and India ($72.7k).

Imports In 2022, Malaysia imported $9.49M in Scrap Rubber, becoming the 9th largest importer of Scrap Rubber in the world. At the same year, Scrap Rubber was the 834th most imported product in Malaysia. Malaysia imports Scrap Rubber primarily from: Pakistan ($2.62M), China ($2.48M), Singapore ($1.36M), Poland ($395k), and Turkey ($380k).

The fastest growing import markets in Scrap Rubber for Malaysia between 2021 and 2022 were Pakistan ($1.25M), Turkey ($380k), and Poland ($243k).

Latest Trends

March 2024

About

Overview In March 2024 Malaysia's Scrap Rubber exports accounted up to MYR1.44M and imports accounted up to MYR1.76M, resulting in a negative trade balance of MYR321k. Between March 2023 and March 2024 the exports of Malaysia's Scrap Rubber have increased by MYR898k (166%) from MYR540k to MYR1.44M, while imports increased by MYR340k (24%) from MYR1.42M to MYR1.76M.

Destinations In March 2024, Scrap Rubber were exported mostly to Japan (MYR502k), Singapore (MYR384k), India (MYR372k), Thailand (MYR56k), and Hong Kong (MYR54.4k), and were imported mostly from Singapore (MYR724k), Australia (MYR440k), Pakistan (MYR191k), Indonesia (MYR131k), and United States (MYR79.6k).

Growth In March 2024, the increase in Scrap Rubber's year-by-year exports was explained primarily by an increase in exports to Indonesia (MYR37.8k or 40.6%). In March 2024, the increase in Scrap Rubber's year-by-year imports was explained primarily by an increase in imports from Australia (MYR642k or 146%), Singapore (MYR399k or 89.8%), and Italy (MYR181k or 533%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)MYR898k(166%)

IMPORT GROWTH (March 2023 - March 2024)MYR340k(24%)

MAIN DESTINATION (March 2024)JapanMYR502k

This section shows Scrap Rubber'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 Rubber over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.28M

IMPORTS (2022)$9.49M

NET TRADE (2022)-$7.22M

In 2022, Malaysia exported $2.28M in Scrap Rubber. The main destinations of Malaysia exports on Scrap Rubber were Singapore ($610k), Australia ($460k), Canada ($191k), Maldives ($173k), and Japan ($173k).

In 2022, Malaysia imported $9.49M in Scrap Rubber, mainly from Pakistan ($2.62M), China ($2.48M), Singapore ($1.36M), Poland ($395k), and Turkey ($380k).

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