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2022
Exports $131MWorld Rnk 28 / 218
Flag Rnk 247 / 1198
2022
Destination $4.31M Singapore
2021 - 2022
FASTEST GROWING MARKET $4.31MSingapore
2022
PRODUCT COMPLEXITY IN Sports Equipment0.52Rnk 358 / 1025
2022
Imports $340MWorld Rnk 23 / 225
Flag Rnk 146 / 1203
2022
Origin $3.36M China
2021 - 2022
FASTEST GROWING ORIGIN $3.36MBangladesh
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $131M in Sports Equipment, making it the 28th largest exporter of Sports Equipment in the world. At the same year, Sports Equipment was the 247th most exported product in Malaysia. The main destination of Sports Equipment exports from Malaysia are: Singapore ($46.7M), United States ($27.6M), Australia ($6.89M), Indonesia ($5.67M), and Hong Kong ($4.79M).

The fastest growing export markets for Sports Equipment of Malaysia between 2021 and 2022 were Singapore ($4.31M), United States ($523k), and Philippines ($459k).

Imports In 2022, Malaysia imported $340M in Sports Equipment, becoming the 23rd largest importer of Sports Equipment in the world. At the same year, Sports Equipment was the 146th most imported product in Malaysia. Malaysia imports Sports Equipment primarily from: China ($258M), Singapore ($13M), Bangladesh ($12.8M), Japan ($12.7M), and United States ($6.3M).

The fastest growing import markets in Sports Equipment for Malaysia between 2021 and 2022 were Bangladesh ($3.36M), Japan ($2.76M), and Pakistan ($2.24M).

Latest Trends

October 2024

About

Overview In October 2024 Malaysia's Sports Equipment exports accounted up to MYR79.5M and imports accounted up to MYR112M, resulting in a negative trade balance of MYR32.6M. Between October 2023 and October 2024 the exports of Malaysia's   Sports Equipment have increased by MYR16.8M (26.9%) from MYR62.7M to MYR79.5M, while imports increased by MYR1.78M (1.61%) from MYR110M to MYR112M.

Destinations In October 2024, Sports Equipment were exported mostly to Singapore (MYR32.4M), Australia (MYR7.07M), Philippines (MYR6.07M), South Korea (MYR4.94M), and Indonesia (MYR4.52M), and were imported mostly from China (MYR75.9M), Japan (MYR7.15M), Singapore (MYR5.11M), United States (MYR4M), and Bangladesh (MYR3.76M).

Growth In October 2024, the increase in Sports Equipment's year-by-year exports was explained primarily by an increase in exports to Singapore (MYR6.43M or 30%), France (MYR1.33M or 348%), and Chinese Taipei (MYR633k or 58.1%). In October 2024, the increase in Sports Equipment's year-by-year imports was explained primarily by an increase in imports from China (MYR17.2M or 31.3%), South Korea (MYR2.09M or 633%), and Vietnam (MYR1.31M or 144%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)MYR16.8M(26.9%)
IMPORT GROWTH (October 2023 - October 2024)MYR1.78M(1.61%)
MAIN DESTINATION (October 2024)SingaporeMYR32.4M

This section shows Sports Equipment'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 Sports Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$131M
IMPORTS (2022)$340M
NET TRADE (2022)-$208M

In 2022, Malaysia exported $131M in Sports Equipment. The main destinations of Malaysia exports on Sports Equipment were Singapore ($46.7M), United States ($27.6M), Australia ($6.89M), Indonesia ($5.67M), and Hong Kong ($4.79M).

In 2022, Malaysia imported $340M in Sports Equipment, mainly from China ($258M), Singapore ($13M), Bangladesh ($12.8M), Japan ($12.7M), and United States ($6.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sports Equipment EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$4.31M (10.2%)
United States$523k (1.93%)
Philippines$459k (21.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sports Equipment BY Malaysia WERE (2021 - 2022):
United Kingdom-$3.36M (-64.3%)
Indonesia-$2.15M (-27.4%)
Hong Kong-$1.55M (-24.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Sports Equipment were:
China $19.4B
Chinese Taipei $2.49B
United States $2.17B
In 2022, Malaysia's main importing competitors in Sports Equipment were:
United States $10.3B
Germany $2.55B
Japan $1.82B

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Trade Value of Sports Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17M
TOP IMPORT POTENTIALChina+ $37.7M

Sports Equipment’s highest export potential is United States. With an export gap of $17M.   Sports Equipment’s highest import potential is China with an import gap of $37.7M.

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