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2022
Exports $37.3MWorld Rnk 20 / 175
Flag Rnk 418 / 1198
2022
Destination $3.02M Japan
2021 - 2022
FASTEST GROWING MARKET $3.02MJapan
2022
PRODUCT COMPLEXITY IN Used Rubber Tires0.67Rnk 290 / 1025
2022
Imports $28.8MWorld Rnk 22 / 219
Flag Rnk 630 / 1203
2022
Origin $1.98M Japan
2021 - 2022
FASTEST GROWING ORIGIN $1.98MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $37.3M in Used Rubber Tires, making it the 20th largest exporter of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 418th most exported product in Malaysia. The main destination of Used Rubber Tires exports from Malaysia are: Japan ($7.77M), Australia ($5.5M), Indonesia ($5.14M), New Zealand ($3.25M), and Singapore ($3.12M).

The fastest growing export markets for Used Rubber Tires of Malaysia between 2021 and 2022 were Japan ($3.02M), Netherlands ($537k), and Hong Kong ($425k).

Imports In 2022, Malaysia imported $28.8M in Used Rubber Tires, becoming the 22nd largest importer of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 630th most imported product in Malaysia. Malaysia imports Used Rubber Tires primarily from: Japan ($10.1M), Thailand ($7.11M), China ($4.98M), Vietnam ($1.7M), and South Korea ($1.31M).

The fastest growing import markets in Used Rubber Tires for Malaysia between 2021 and 2022 were China ($1.98M), Thailand ($1.34M), and South Korea ($452k).

COMPANIES In 2023, leading companies such as BOEING (1) were at the forefront of shipping Used Rubber Tires from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Used Rubber Tires exports accounted up to MYR11.7M and imports accounted up to MYR7.74M, resulting in a positive trade balance of MYR3.96M. Between June 2023 and June 2024 the exports of Malaysia's   Used Rubber Tires have decreased by MYR-2.75M (-19%) from MYR14.4M to MYR11.7M, while imports decreased by MYR-1.62M (-17.3%) from MYR9.36M to MYR7.74M.

Destinations In June 2024, Used Rubber Tires were exported mostly to Australia (MYR2.34M), Japan (MYR1.67M), New Zealand (MYR1.3M), Indonesia (MYR1.14M), and Singapore (MYR717k), and were imported mostly from Thailand (MYR3.81M), Japan (MYR1.12M), China (MYR971k), Vietnam (MYR581k), and Singapore (MYR436k).

Growth In June 2024, the decrease in Used Rubber Tires's year-by-year exports was explained primarily by a decrease in exports to New Zealand (MYR-890k or -85.7%), Singapore (MYR-552k or -33.8%), and Japan (MYR-211k or -6.86%). In June 2024, the decrease in Used Rubber Tires's year-by-year imports was explained primarily by a decrease in imports from Vietnam (MYR-1.1M or -99%), China (MYR-422k or -22%), and Singapore (MYR-220k or -57.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-2.75M(-19%)
IMPORT GROWTH (June 2023 - June 2024)MYR-1.62M(-17.3%)
MAIN DESTINATION (June 2024)AustraliaMYR2.34M

This section shows Used Rubber Tires'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 Used Rubber Tires over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$37.3M
IMPORTS (2022)$28.8M
NET TRADE (2022)$8.5M

In 2022, Malaysia exported $37.3M in Used Rubber Tires. The main destinations of Malaysia exports on Used Rubber Tires were Japan ($7.77M), Australia ($5.5M), Indonesia ($5.14M), New Zealand ($3.25M), and Singapore ($3.12M).

In 2022, Malaysia imported $28.8M in Used Rubber Tires, mainly from Japan ($10.1M), Thailand ($7.11M), China ($4.98M), Vietnam ($1.7M), and South Korea ($1.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Used Rubber Tires EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Japan$3.02M (63.7%)
Netherlands$537k (110k%)
Hong Kong$425k (40.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Used Rubber Tires BY Malaysia WERE (2021 - 2022):
Papua New Guinea-$866k (-65%)
Thailand-$665k (-29.6%)
Vietnam-$377k (-90.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Used Rubber Tires were:
Sri Lanka $455M
Germany $342M
China $196M
In 2022, Malaysia's main importing competitors in Used Rubber Tires were:
United States $459M
Germany $232M
France $190M

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Trade Value of Used Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $777k
TOP IMPORT POTENTIALChina+ $1.23M

Used Rubber Tires’s highest export potential is Thailand. With an export gap of $777k.   Used Rubber Tires’s highest import potential is China with an import gap of $1.23M.

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