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2022
Exports $98.2MWorld Rnk 5 / 102
Flag Rnk 283 / 1198
2022
Destination $3.85M Japan
2021 - 2022
FASTEST GROWING MARKET $3.85MIran
2022
PRODUCT COMPLEXITY IN Synthetic Filament Tow-0.24Rnk 625 / 1025
2022
Imports $26.2MWorld Rnk 15 / 171
Flag Rnk 646 / 1203
2022
Origin $11.9M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $11.9MThailand
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $98.2M in Synthetic Filament Tow, making it the 5th largest exporter of Synthetic Filament Tow in the world. At the same year, Synthetic Filament Tow was the 283rd most exported product in Malaysia. The main destination of Synthetic Filament Tow exports from Malaysia are: Japan ($31.9M), Senegal ($12.7M), Nigeria ($12.6M), Togo ($9.41M), and Indonesia ($6.55M).

The fastest growing export markets for Synthetic Filament Tow of Malaysia between 2021 and 2022 were Iran ($3.85M), Singapore ($3.84M), and Togo ($2.88M).

Imports In 2022, Malaysia imported $26.2M in Synthetic Filament Tow, becoming the 15th largest importer of Synthetic Filament Tow in the world. At the same year, Synthetic Filament Tow was the 646th most imported product in Malaysia. Malaysia imports Synthetic Filament Tow primarily from: Thailand ($17M), Japan ($8.17M), United States ($295k), Singapore ($260k), and Germany ($257k).

The fastest growing import markets in Synthetic Filament Tow for Malaysia between 2021 and 2022 were Thailand ($11.9M), Japan ($8.16M), and Germany ($216k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Synthetic Filament Tow exports accounted up to MYR17.5M and imports accounted up to MYR2.56M, resulting in a positive trade balance of MYR15M. Between June 2023 and June 2024 the exports of Malaysia's   Synthetic Filament Tow have decreased by MYR-9.68M (-35.6%) from MYR27.2M to MYR17.5M, while imports decreased by MYR-1.28M (-33.3%) from MYR3.83M to MYR2.56M.

Destinations In June 2024, Synthetic Filament Tow were exported mostly to Japan (MYR5.7M), China (MYR2.29M), Indonesia (MYR1.87M), Bangladesh (MYR1.86M), and Kenya (MYR1.17M), and were imported mostly from Thailand (MYR2.55M), Italy (MYR3.07k), United States (MYR997), and Japan (MYR102).

Growth In June 2024, the decrease in Synthetic Filament Tow's year-by-year exports was explained primarily by a decrease in exports to Japan (MYR-23.9M or -78.7%), Nigeria (MYR-6.6M or -85.2%), and Indonesia (MYR-1.97M or -50.3%). In June 2024, the decrease in Synthetic Filament Tow's year-by-year imports was explained primarily by a decrease in imports from Thailand (MYR-3.57M or -59.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-9.68M(-35.6%)
IMPORT GROWTH (June 2023 - June 2024)MYR-1.28M(-33.3%)
MAIN DESTINATION (June 2024)JapanMYR5.7M

This section shows Synthetic Filament Tow'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 Synthetic Filament Tow over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$98.2M
IMPORTS (2022)$26.2M
NET TRADE (2022)$72M

In 2022, Malaysia exported $98.2M in Synthetic Filament Tow. The main destinations of Malaysia exports on Synthetic Filament Tow were Japan ($31.9M), Senegal ($12.7M), Nigeria ($12.6M), Togo ($9.41M), and Indonesia ($6.55M).

In 2022, Malaysia imported $26.2M in Synthetic Filament Tow, mainly from Thailand ($17M), Japan ($8.17M), United States ($295k), Singapore ($260k), and Germany ($257k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Filament Tow EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Iran$3.85M (984%)
Singapore$3.84M (286%)
Togo$2.88M (44.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Filament Tow BY Malaysia WERE (2021 - 2022):
Nigeria-$19.9M (-61.1%)
Ghana-$3.99M (-87.1%)
Cameroon-$1.74M (-62.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Synthetic Filament Tow were:
Japan $359M
China $202M
Thailand $145M
In 2022, Malaysia's main importing competitors in Synthetic Filament Tow were:
Turkey $136M
United States $128M
Indonesia $104M

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Trade Value of Synthetic Filament Tow by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $1.34M
TOP IMPORT POTENTIALChina+ $472k

Synthetic Filament Tow’s highest export potential is Indonesia. With an export gap of $1.34M.   Synthetic Filament Tow’s highest import potential is China with an import gap of $472k.

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