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2022
Exports $1.65MWorld Rnk 25 / 133
Flag Rnk 893 / 1198
2022
Destination $626k Singapore
2021 - 2022
FASTEST GROWING MARKET $626kSingapore
2022
PRODUCT COMPLEXITY IN Silk Fabrics0.43Rnk 394 / 1025
2022
Imports $7.75MWorld Rnk 28 / 192
Flag Rnk 874 / 1203
2022
Origin $1.04M China
2021 - 2022
FASTEST GROWING ORIGIN $1.04MSingapore
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1.65M in Silk Fabrics, making it the 25th largest exporter of Silk Fabrics in the world. At the same year, Silk Fabrics was the 893rd most exported product in Malaysia. The main destination of Silk Fabrics exports from Malaysia are: Singapore ($1.11M), Brunei ($432k), Australia ($71.7k), Switzerland ($28.5k), and Turkey ($2.95k).

The fastest growing export markets for Silk Fabrics of Malaysia between 2021 and 2022 were Singapore ($626k), Brunei ($399k), and Australia ($68.3k).

Imports In 2022, Malaysia imported $7.75M in Silk Fabrics, becoming the 28th largest importer of Silk Fabrics in the world. At the same year, Silk Fabrics was the 874th most imported product in Malaysia. Malaysia imports Silk Fabrics primarily from: China ($4.96M), Singapore ($1.28M), India ($1.27M), South Korea ($75.5k), and Italy ($66.8k).

The fastest growing import markets in Silk Fabrics for Malaysia between 2021 and 2022 were Singapore ($1.04M), China ($213k), and South Korea ($75.5k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Silk Fabrics exports accounted up to MYR133k and imports accounted up to MYR758k, resulting in a negative trade balance of MYR625k. Between May 2023 and June 2024 the exports of Malaysia's   Silk Fabrics have decreased by MYR-163k (-55%) from MYR296k to MYR133k, while imports decreased by MYR-195k (-20.5%) from MYR953k to MYR758k.

Destinations In June 2024, Silk Fabrics were exported mostly to India (MYR133k), Vietnam (MYR503), Singapore (MYR120), and Australia (MYR15), and were imported mostly from China (MYR491k), Singapore (MYR143k), Australia (MYR53k), India (MYR41.5k), and Romania (MYR15.1k).

Growth In June 2024, the decrease in Silk Fabrics's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Silk Fabrics's year-by-year imports was explained primarily by a decrease in imports from China (MYR-370k or -45.7%) and Italy (MYR-29k or -84.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - June 2024)MYR-163k(-55%)
IMPORT GROWTH (June 2023 - June 2024)MYR-195k(-20.5%)
MAIN DESTINATION (June 2024)IndiaMYR133k

This section shows Silk Fabrics'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 Silk Fabrics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.65M
IMPORTS (2022)$7.75M
NET TRADE (2022)-$6.1M

In 2022, Malaysia exported $1.65M in Silk Fabrics. The main destinations of Malaysia exports on Silk Fabrics were Singapore ($1.11M), Brunei ($432k), Australia ($71.7k), Switzerland ($28.5k), and Turkey ($2.95k).

In 2022, Malaysia imported $7.75M in Silk Fabrics, mainly from China ($4.96M), Singapore ($1.28M), India ($1.27M), South Korea ($75.5k), and Italy ($66.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk Fabrics EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$626k (128%)
Brunei$399k (1.21k%)
Australia$68.3k (1.99k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk Fabrics BY Malaysia WERE (2021 - 2022):
Thailand-$78.8k (-100%)
Burma-$3.73k (-100%)
Indonesia-$1.43k (-87.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Silk Fabrics were:
China $435M
Italy $198M
India $59.9M
In 2022, Malaysia's main importing competitors in Silk Fabrics were:
Italy $142M
France $82.6M
United States $55.6M

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Trade Value of Silk Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $9.67k
TOP IMPORT POTENTIALChina+ $703k

Silk Fabrics’s highest export potential is Italy. With an export gap of $9.67k.   Silk Fabrics’s highest import potential is China with an import gap of $703k.

See methodology.

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