2023
Exports
$27.4MWorld Rnk 11 / 80
Flag Rnk 449 / 1208
2023
PRODUCT COMPLEXITY IN Unprocessed Artificial Staple Fibers
0.29Rnk 463 / 1025
2023
Imports
$29.8MWorld Rnk 19 / 139
Flag Rnk 586 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $27.4M in Unprocessed Artificial Staple Fibers, making it the 11th largest exporter of Unprocessed Artificial Staple Fibers in the world. At the same year, Unprocessed Artificial Staple Fibers was the 449th most exported product in Malaysia. The main destination of Unprocessed Artificial Staple Fibers exports from Malaysia are: Iran ($27.4M), Japan ($5.48k), Australia ($1.39k), Singapore ($1.11k), and United States ($1.09k).

The fastest growing export markets for Unprocessed Artificial Staple Fibers of Malaysia between 2022 and 2023 were Iran ($12.6M), Japan ($5.48k), and Australia ($1.39k).

Imports In 2023, Malaysia imported $29.8M in Unprocessed Artificial Staple Fibers, becoming the 19th largest importer of Unprocessed Artificial Staple Fibers in the world. At the same year, Unprocessed Artificial Staple Fibers was the 586th most imported product in Malaysia. Malaysia imports Unprocessed Artificial Staple Fibers primarily from: Indonesia ($23.3M), China ($6.04M), Austria ($220k), Japan ($77.1k), and Thailand ($52.9k).

The fastest growing import markets in Unprocessed Artificial Staple Fibers for Malaysia between 2022 and 2023 were China ($2.64M), Austria ($60.1k), and Japan ($58.1k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR12.5M(199%)
IMPORT GROWTH (November 2023 - November 2024)MYR2.34M(27.7%)
MAIN DESTINATION (November 2024)IranMYR17.1M

This section shows Unprocessed Artificial Staple Fibers'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 Unprocessed Artificial Staple Fibers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$27.4M
IMPORTS (2023)$29.8M
NET TRADE (2023)-$2.42M

In 2023, Malaysia exported $27.4M in Unprocessed Artificial Staple Fibers. The main destinations of Malaysia exports on Unprocessed Artificial Staple Fibers were Iran ($27.4M), Japan ($5.48k), Australia ($1.39k), Singapore ($1.11k), and United States ($1.09k).

In 2023, Malaysia imported $29.8M in Unprocessed Artificial Staple Fibers, mainly from Indonesia ($23.3M), China ($6.04M), Austria ($220k), Japan ($77.1k), and Thailand ($52.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Unprocessed Artificial Staple Fibers EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Iran$12.6M (85.5%)
Japan$5.48k (1%)
Australia$1.39k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unprocessed Artificial Staple Fibers BY Malaysia WERE (2022 - 2023):
Uzbekistan-$375k (-100%)
Indonesia-$2.48k (-100%)
Cameroon-$1.98k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Unprocessed Artificial Staple Fibers were:
In 2023, Malaysia's main importing competitors in Unprocessed Artificial Staple Fibers were:

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Trade Value of Unprocessed Artificial Staple Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $28k
TOP IMPORT POTENTIALIndonesia+ $3.13M

Unprocessed Artificial Staple Fibers’s highest export potential is Indonesia. With an export gap of $28k.   Unprocessed Artificial Staple Fibers’s highest import potential is Indonesia with an import gap of $3.13M.

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