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2022
Exports $48.6MWorld Rnk 41 / 215
Flag Rnk 378 / 1198
2022
Destination $14.1M Singapore
2021 - 2022
FASTEST GROWING MARKET $14.1MSingapore
2022
PRODUCT COMPLEXITY IN Textile Footwear-0.49Rnk 696 / 1025
2022
Imports $331MWorld Rnk 33 / 223
Flag Rnk 149 / 1203
2022
Origin $105M China
2021 - 2022
FASTEST GROWING ORIGIN $105MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $48.6M in Textile Footwear, making it the 41st largest exporter of Textile Footwear in the world. At the same year, Textile Footwear was the 378th most exported product in Malaysia. The main destination of Textile Footwear exports from Malaysia are: Singapore ($22.6M), United States ($5.57M), Philippines ($3.61M), Vietnam ($2.77M), and South Korea ($2.19M).

The fastest growing export markets for Textile Footwear of Malaysia between 2021 and 2022 were Singapore ($14.1M), United States ($4.69M), and Philippines ($3.36M).

Imports In 2022, Malaysia imported $331M in Textile Footwear, becoming the 33rd largest importer of Textile Footwear in the world. At the same year, Textile Footwear was the 149th most imported product in Malaysia. Malaysia imports Textile Footwear primarily from: China ($209M), Vietnam ($56.4M), Indonesia ($26M), Singapore ($20.1M), and Italy ($3.11M).

The fastest growing import markets in Textile Footwear for Malaysia between 2021 and 2022 were China ($105M), Vietnam ($28.1M), and Singapore ($12.2M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Textile Footwear exports accounted up to MYR30M and imports accounted up to MYR96.1M, resulting in a negative trade balance of MYR66.1M. Between June 2023 and June 2024 the exports of Malaysia's   Textile Footwear have increased by MYR13.8M (84.8%) from MYR16.2M to MYR30M, while imports increased by MYR1.75M (1.85%) from MYR94.4M to MYR96.1M.

Destinations In June 2024, Textile Footwear were exported mostly to Singapore (MYR10.5M), Hong Kong (MYR6.88M), United States (MYR4.5M), United Arab Emirates (MYR1.38M), and Vietnam (MYR1.09M), and were imported mostly from Vietnam (MYR41.5M), China (MYR28M), Indonesia (MYR13.1M), Singapore (MYR6.81M), and Italy (MYR2.73M).

Growth In June 2024, the increase in Textile Footwear's year-by-year exports was explained primarily by an increase in exports to Vietnam (MYR2.26M or 563%), Philippines (MYR1.52M or 790%), and Singapore (MYR1.03M or 21%). In June 2024, the increase in Textile Footwear's year-by-year imports was explained primarily by an increase in imports from Vietnam (MYR14.8M or 50.6%), China (MYR12.3M or 33.3%), and Singapore (MYR3.44M or 610%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR13.8M(84.8%)
IMPORT GROWTH (June 2023 - June 2024)MYR1.75M(1.85%)
MAIN DESTINATION (June 2024)SingaporeMYR10.5M

This section shows Textile Footwear'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 Textile Footwear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$48.6M
IMPORTS (2022)$331M
NET TRADE (2022)-$282M

In 2022, Malaysia exported $48.6M in Textile Footwear. The main destinations of Malaysia exports on Textile Footwear were Singapore ($22.6M), United States ($5.57M), Philippines ($3.61M), Vietnam ($2.77M), and South Korea ($2.19M).

In 2022, Malaysia imported $331M in Textile Footwear, mainly from China ($209M), Vietnam ($56.4M), Indonesia ($26M), Singapore ($20.1M), and Italy ($3.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Footwear EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$14.1M (165%)
United States$4.69M (530%)
Philippines$3.36M (1.33k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Footwear BY Malaysia WERE (2021 - 2022):
Hong Kong-$979k (-60.7%)
Argentina-$719k (-86.9%)
China-$624k (-72.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Textile Footwear were:
China $16.9B
Vietnam $13.2B
Indonesia $3.89B
In 2022, Malaysia's main importing competitors in Textile Footwear were:
United States $11.4B
Germany $4.43B
France $2.8B

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Trade Value of Textile Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.91M
TOP IMPORT POTENTIALChina+ $39.2M

Textile Footwear’s highest export potential is United States. With an export gap of $4.91M.   Textile Footwear’s highest import potential is China with an import gap of $39.2M.

See methodology.

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