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2023
Exports $25.3MWorld Rnk 10 / 103
Flag Rnk 463 / 1208
2023
Destination $919k Senegal
2022 - 2023
FASTEST GROWING MARKET $919kRepublic of the Congo
2023
PRODUCT COMPLEXITY IN Synthetic Filament Tow-0.23Rnk 627 / 1025
2023
Imports $10.7MWorld Rnk 26 / 168
Flag Rnk 796 / 1211
2023
Origin $578k Thailand
2022 - 2023
FASTEST GROWING ORIGIN $578kUnited States
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $25.3M in Synthetic Filament Tow, making it the 10th largest exporter of Synthetic Filament Tow in the world. At the same year, Synthetic Filament Tow was the 463rd most exported product in Malaysia. The main destination of Synthetic Filament Tow exports from Malaysia are: Senegal ($4.45M), Bangladesh ($3.35M), Togo ($3.1M), China ($2.9M), and Nigeria ($2.3M).

The fastest growing export markets for Synthetic Filament Tow of Malaysia between 2022 and 2023 were Republic of the Congo ($919k), China ($448k), and Czechia ($356k).

Imports In 2023, Malaysia imported $10.7M in Synthetic Filament Tow, becoming the 26th largest importer of Synthetic Filament Tow in the world. At the same year, Synthetic Filament Tow was the 796th most imported product in Malaysia. Malaysia imports Synthetic Filament Tow primarily from: Thailand ($7.91M), Japan ($1.81M), United States ($942k), China ($51.4k), and Netherlands ($7.26k).

The fastest growing import markets in Synthetic Filament Tow for Malaysia between 2022 and 2023 were United States ($578k), China ($11.3k), and Netherlands ($7.26k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Synthetic Filament Tow exports accounted up to MYR17.1M and imports accounted up to MYR5.28M, resulting in a positive trade balance of MYR11.9M. Between November 2023 and November 2024 the exports of Malaysia's   Synthetic Filament Tow have decreased by MYR-6.51M (-27.5%) from MYR23.7M to MYR17.1M, while imports increased by MYR2.22M (72.7%) from MYR3.06M to MYR5.28M.

Destinations In November 2024, Synthetic Filament Tow were exported mostly to Japan (MYR6.93M), China (MYR2.6M), Bangladesh (MYR1.96M), Iran (MYR1.95M), and Indonesia (MYR779k), and were imported mostly from Thailand (MYR3.1M), Japan (MYR1.6M), United States (MYR567k), China (MYR7.89k), and Hong Kong (MYR3.11k).

Growth In November 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 November 2024, the increase in Synthetic Filament Tow's year-by-year imports was explained primarily by an increase in imports from United States (MYR76.5k or 110%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-6.51M(-27.5%)
IMPORT GROWTH (November 2023 - November 2024)MYR2.22M(72.7%)
MAIN DESTINATION (November 2024)JapanMYR6.93M

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 (2023)$25.3M
IMPORTS (2023)$10.7M
NET TRADE (2023)$14.6M

In 2023, Malaysia exported $25.3M in Synthetic Filament Tow. The main destinations of Malaysia exports on Synthetic Filament Tow were Senegal ($4.45M), Bangladesh ($3.35M), Togo ($3.1M), China ($2.9M), and Nigeria ($2.3M).

In 2023, Malaysia imported $10.7M in Synthetic Filament Tow, mainly from Thailand ($7.91M), Japan ($1.81M), United States ($942k), China ($51.4k), and Netherlands ($7.26k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Synthetic Filament Tow EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Republic of the Congo$919k (1.33k%)
China$448k (18.3%)
Czechia$356k (76.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Filament Tow BY Malaysia WERE (2022 - 2023):
Nigeria-$10.3M (-81.8%)
Senegal-$8.21M (-64.9%)
Togo-$6.32M (-67.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Synthetic Filament Tow were:
Japan $330M
China $104M
Thailand $90.6M
In 2023, Malaysia's main importing competitors in Synthetic Filament Tow were:
United States $115M
Indonesia $62.1M
Japan $59M

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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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