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2022
Exports $86kWorld Rnk 41 / 74
Flag Rnk 1107 / 1198
2022
Destination $56.5k United Arab Emirates
2021 - 2022
FASTEST GROWING MARKET $56.5kUnited Arab Emirates
2022
Imports $332kWorld Rnk 56 / 156
Flag Rnk 1133 / 1203
2022
Origin $136k Belgium
2021 - 2022
FASTEST GROWING ORIGIN $136kBelgium
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $86k in Wool Grease, making it the 41st largest exporter of Wool Grease in the world. At the same year, Wool Grease was the 1107th most exported product in Malaysia. The main destination of Wool Grease exports from Malaysia are: United Arab Emirates ($56.5k), Vietnam ($25.7k), Indonesia ($1.97k), Hong Kong ($1.84k), and Thailand ($89).

The fastest growing export markets for Wool Grease of Malaysia between 2021 and 2022 were United Arab Emirates ($56.5k), Vietnam ($8.15k), and Indonesia ($1.97k).

Imports In 2022, Malaysia imported $332k in Wool Grease, becoming the 56th largest importer of Wool Grease in the world. At the same year, Wool Grease was the 1133rd most imported product in Malaysia. Malaysia imports Wool Grease primarily from: Belgium ($148k), China ($65.4k), Singapore ($55.2k), Thailand ($18.7k), and India ($16.4k).

The fastest growing import markets in Wool Grease for Malaysia between 2021 and 2022 were Belgium ($136k), Singapore ($48.5k), and China ($20.1k).

Latest Trends

April 2024

About

Overview In April 2024 Malaysia's Wool Grease exports accounted up to MYR8.05k and imports accounted up to MYR53.8k, resulting in a negative trade balance of MYR45.7k. Between November 2020 and April 2024 the exports of Malaysia's   Wool Grease have decreased by MYR-205k (-96.2%) from MYR213k to MYR8.05k, while imports decreased by MYR-398k (-88.1%) from MYR452k to MYR53.8k.

Destinations In April 2024, Wool Grease were exported mostly to , and were imported mostly from China (MYR35.1k), Singapore (MYR17.8k), and Germany (MYR853).

Growth In April 2024, the decrease in Wool Grease's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Wool Grease's year-by-year imports was explained primarily by a decrease in imports from China (MYR-13.1k or -44.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2020 - April 2024)MYR-205k(-96.2%)
IMPORT GROWTH (May 2023 - June 2024)MYR-398k(-88.1%)
MAIN DESTINATION (April 2024)

This section shows Wool Grease'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 Wool Grease over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$86k
IMPORTS (2022)$332k
NET TRADE (2022)-$246k

In 2022, Malaysia exported $86k in Wool Grease. The main destinations of Malaysia exports on Wool Grease were United Arab Emirates ($56.5k), Vietnam ($25.7k), Indonesia ($1.97k), Hong Kong ($1.84k), and Thailand ($89).

In 2022, Malaysia imported $332k in Wool Grease, mainly from Belgium ($148k), China ($65.4k), Singapore ($55.2k), Thailand ($18.7k), and India ($16.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool Grease EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United Arab Emirates$56.5k (1%)
Vietnam$8.15k (46.5%)
Indonesia$1.97k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool Grease BY Malaysia WERE (2021 - 2022):Sri Lanka-$1.34k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Wool Grease were:
China $76M
United Kingdom $50.3M
Japan $25.8M
In 2022, Malaysia's main importing competitors in Wool Grease were:
Germany $47.9M
United States $35.1M
United Kingdom $29.8M

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Trade Value of Wool Grease by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $3.83k
TOP IMPORT POTENTIALChina+ $55.2k

Wool Grease’s highest export potential is Indonesia. With an export gap of $3.83k.   Wool Grease’s highest import potential is China with an import gap of $55.2k.

See methodology.

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