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2023
Exports $72.8MWorld Rnk 37 / 217
Flag Rnk 305 / 1208
2023
Destination $2.32M United States
2022 - 2023
FASTEST GROWING MARKET $2.32MSingapore
2023
PRODUCT COMPLEXITY IN Sports Equipment0.55Rnk 343 / 1025
2023
Imports $456MWorld Rnk 17 / 225
Flag Rnk 103 / 1211
2023
Origin $72.5M China
2022 - 2023
FASTEST GROWING ORIGIN $72.5MChina
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $72.8M in Sports Equipment, making it the 37th largest exporter of Sports Equipment in the world. At the same year, Sports Equipment was the 305th most exported product in Malaysia. The main destination of Sports Equipment exports from Malaysia are: United States ($15.8M), Singapore ($13.8M), Philippines ($3.22M), Indonesia ($3.22M), and Vietnam ($3.03M).

The fastest growing export markets for Sports Equipment of Malaysia between 2022 and 2023 were Singapore ($2.32M), Vietnam ($2.28M), and Indonesia ($1.56M).

Imports In 2023, Malaysia imported $456M in Sports Equipment, becoming the 17th largest importer of Sports Equipment in the world. At the same year, Sports Equipment was the 103rd most imported product in Malaysia. Malaysia imports Sports Equipment primarily from: China ($355M), Singapore ($23.5M), Japan ($14.7M), Bangladesh ($10.9M), and Chinese Taipei ($7.61M).

The fastest growing import markets in Sports Equipment for Malaysia between 2022 and 2023 were China ($72.5M), Singapore ($21.8M), and Indonesia ($1.6M).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Sports Equipment exports accounted up to MYR77.5M and imports accounted up to MYR138M, resulting in a negative trade balance of MYR60.1M. Between November 2023 and November 2024 the exports of Malaysia's   Sports Equipment have increased by MYR21.5M (38.4%) from MYR56M to MYR77.5M, while imports increased by MYR23.2M (20.3%) from MYR114M to MYR138M.

Destinations In November 2024, Sports Equipment were exported mostly to Singapore (MYR33.8M), Australia (MYR6.57M), South Korea (MYR6.25M), United States (MYR5.72M), and Philippines (MYR4.41M), and were imported mostly from China (MYR90.7M), Japan (MYR15.9M), Thailand (MYR4.5M), Singapore (MYR4.36M), and Bangladesh (MYR3.36M).

Growth In November 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 November 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 (November 2023 - November 2024)MYR21.5M(38.4%)
IMPORT GROWTH (November 2023 - November 2024)MYR23.2M(20.3%)
MAIN DESTINATION (November 2024)SingaporeMYR33.8M

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 (2023)$72.8M
IMPORTS (2023)$456M
NET TRADE (2023)-$383M

In 2023, Malaysia exported $72.8M in Sports Equipment. The main destinations of Malaysia exports on Sports Equipment were United States ($15.8M), Singapore ($13.8M), Philippines ($3.22M), Indonesia ($3.22M), and Vietnam ($3.03M).

In 2023, Malaysia imported $456M in Sports Equipment, mainly from China ($355M), Singapore ($23.5M), Japan ($14.7M), Bangladesh ($10.9M), and Chinese Taipei ($7.61M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sports Equipment EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Singapore$2.32M (20.3%)
Vietnam$2.28M (304%)
Indonesia$1.56M (93.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sports Equipment BY Malaysia WERE (2022 - 2023):
United States-$11.5M (-42.1%)
United Kingdom-$1.56M (-53.9%)
Hong Kong-$622k (-27.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Sports Equipment were:
China $14.9B
Chinese Taipei $2.08B
United States $1.53B
In 2023, Malaysia's main importing competitors in Sports Equipment were:
United States $7.71B
Germany $1.61B
France $1.45B

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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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