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2022
Exports $1.7MWorld Rnk 33 / 125
Flag Rnk 891 / 1198
2022
Destination $32.4k Australia
2021 - 2022
FASTEST GROWING MARKET $32.4kUnited Kingdom
2022
Imports $222kWorld Rnk 73 / 191
Flag Rnk 1148 / 1203
2022
Origin $211k China
2021 - 2022
FASTEST GROWING ORIGIN $211kChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1.7M in Wood Stakes, making it the 33rd largest exporter of Wood Stakes in the world. At the same year, Wood Stakes was the 891st most exported product in Malaysia. The main destination of Wood Stakes exports from Malaysia are: Australia ($1.61M), Maldives ($51k), United Kingdom ($32.4k), Singapore ($2.89k), and United Arab Emirates ($2.34k).

The fastest growing export markets for Wood Stakes of Malaysia between 2021 and 2022 were United Kingdom ($32.4k) and Norway ($111).

Imports In 2022, Malaysia imported $222k in Wood Stakes, becoming the 73rd largest importer of Wood Stakes in the world. At the same year, Wood Stakes was the 1148th most imported product in Malaysia. Malaysia imports Wood Stakes primarily from: China ($211k), United Kingdom ($5.55k), India ($4.96k), Germany ($1.16k), and South Korea ($37).

The fastest growing import markets in Wood Stakes for Malaysia between 2021 and 2022 were China ($211k), United Kingdom ($3.48k), and India ($109).

Latest Trends

September 2024

About

Overview In September 2024 Malaysia's Wood Stakes exports accounted up to MYR464k and imports accounted up to MYR3.55k, resulting in a positive trade balance of MYR461k. Between September 2023 and September 2024 the exports of Malaysia's   Wood Stakes have decreased by MYR-569k (-55.1%) from MYR1.03M to MYR464k, while imports decreased by MYR-4.28k (-54.6%) from MYR7.82k to MYR3.55k.

Destinations In September 2024, Wood Stakes were exported mostly to Australia (MYR459k), United States (MYR5.29k), and Singapore (MYR160), and were imported mostly from Hong Kong (MYR2.96k), Italy (MYR580), and Singapore (MYR13).

Growth In September 2024, the decrease in Wood Stakes's year-by-year exports was explained primarily by a decrease in exports to . In September 2024, the decrease in Wood Stakes's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR-569k(-55.1%)
IMPORT GROWTH (September 2023 - September 2024)MYR-4.28k(-54.6%)
MAIN DESTINATION (September 2024)AustraliaMYR459k

This section shows Wood Stakes'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 Stakes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.7M
IMPORTS (2022)$222k
NET TRADE (2022)$1.48M

In 2022, Malaysia exported $1.7M in Wood Stakes. The main destinations of Malaysia exports on Wood Stakes were Australia ($1.61M), Maldives ($51k), United Kingdom ($32.4k), Singapore ($2.89k), and United Arab Emirates ($2.34k).

In 2022, Malaysia imported $222k in Wood Stakes, mainly from China ($211k), United Kingdom ($5.55k), India ($4.96k), Germany ($1.16k), and South Korea ($37).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Stakes EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United Kingdom$32.4k (1%)
Norway$111 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Stakes BY Malaysia WERE (2021 - 2022):
Australia-$184k (-10.3%)
Kuwait-$91.2k (-100%)
Maldives-$43.3k (-45.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Wood Stakes were:
Poland $34M
Latvia $27.3M
Hungary $17.8M
In 2022, Malaysia's main importing competitors in Wood Stakes were:
France $31.5M
United Kingdom $29.9M
United States $26.2M

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Trade Value of Wood Stakes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $16.5k
TOP IMPORT POTENTIALUnited Kingdom+ $3.77k

Wood Stakes’s highest export potential is United Kingdom. With an export gap of $16.5k.   Wood Stakes’s highest import potential is United Kingdom with an import gap of $3.77k.

See methodology.

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