2022
Exports
$31.1kWorld Rnk 68 / 104
Flag Rnk 1144 / 1198
2022
PRODUCT COMPLEXITY IN Wood Barrels
0.13Rnk 510 / 1025
2022
Imports
$152kWorld Rnk 86 / 188
Flag Rnk 1159 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $31.1k in Wood Barrels, making it the 68th largest exporter of Wood Barrels in the world. At the same year, Wood Barrels was the 1144th most exported product in Malaysia. The main destination of Wood Barrels exports from Malaysia are: Indonesia ($13.3k), Singapore ($9.86k), Thailand ($2.34k), Australia ($1.88k), and Vietnam ($1.84k).

The fastest growing export markets for Wood Barrels of Malaysia between 2021 and 2022 were Indonesia ($13.3k), Thailand ($2.34k), and Vietnam ($1.84k).

Imports In 2022, Malaysia imported $152k in Wood Barrels, becoming the 86th largest importer of Wood Barrels in the world. At the same year, Wood Barrels was the 1159th most imported product in Malaysia. Malaysia imports Wood Barrels primarily from: Singapore ($79k), China ($42.2k), Latvia ($9.35k), Japan ($8.62k), and Chinese Taipei ($5.95k).

The fastest growing import markets in Wood Barrels for Malaysia between 2021 and 2022 were Singapore ($77.9k), Latvia ($6.77k), and Chinese Taipei ($5.95k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2022 - June 2024)MYR-8.42k(-81.9%)
IMPORT GROWTH (June 2023 - June 2024)MYR-20.7k(-36.4%)
MAIN DESTINATION (June 2024)SingaporeMYR1.86k

This section shows Wood Barrels'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 Wood Barrels over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$31.1k
IMPORTS (2022)$152k
NET TRADE (2022)-$121k

In 2022, Malaysia exported $31.1k in Wood Barrels. The main destinations of Malaysia exports on Wood Barrels were Indonesia ($13.3k), Singapore ($9.86k), Thailand ($2.34k), Australia ($1.88k), and Vietnam ($1.84k).

In 2022, Malaysia imported $152k in Wood Barrels, mainly from Singapore ($79k), China ($42.2k), Latvia ($9.35k), Japan ($8.62k), and Chinese Taipei ($5.95k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Barrels EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Indonesia$13.3k (1%)
Thailand$2.34k (1%)
Vietnam$1.84k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Barrels BY Malaysia WERE (2021 - 2022):
Singapore-$22.6k (-69.6%)
United Kingdom-$6.63k (-100%)
Philippines-$1.63k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Wood Barrels were:
In 2022, Malaysia's main importing competitors in Wood Barrels were:

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Trade Value of Wood Barrels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $3.08k
TOP IMPORT POTENTIALFrance+ $5.77k

Wood Barrels’s highest export potential is Australia. With an export gap of $3.08k.   Wood Barrels’s highest import potential is France with an import gap of $5.77k.

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