Wool in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $54.2k in Wool, making it the 78th largest exporter of Wool in the world. At the same year, Wool was the 1125th most exported product in Malaysia. The main destination of Wool exports from Malaysia are: India ($42.3k), Chinese Taipei ($11.6k), and Brunei ($339).

The fastest growing export markets for Wool of Malaysia between 2021 and 2022 were Chinese Taipei ($11.6k) and Brunei ($339).

Imports In 2022, Malaysia imported $74k in Wool, becoming the 79th largest importer of Wool in the world. At the same year, Wool was the 1177th most imported product in Malaysia. Malaysia imports Wool primarily from: United Kingdom ($55k), Australia ($5.81k), China ($5.36k), Hong Kong ($4.24k), and France ($3.57k).

The fastest growing import markets in Wool for Malaysia between 2021 and 2022 were China ($5.36k), Hong Kong ($4.24k), and France ($3.57k).

Latest Trends

October 2023

About

Overview In October 2023 Malaysia's Wool exports accounted up to MYR254 and imports accounted up to MYR1.55k, resulting in a negative trade balance of MYR1.29k. Between May 2021 and October 2023 the exports of Malaysia's Wool have decreased by MYR-812k (-100%) from MYR812k to MYR254, while imports decreased by MYR-904k (-99.8%) from MYR905k to MYR1.55k.

Destinations In October 2023, Wool were exported mostly to , and were imported mostly from Singapore (MYR1.55k).

Growth In October 2023, the decrease in Wool's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Wool's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (May 2021 - October 2023)MYR-812k(-100%)

IMPORT GROWTH (April 2020 - June 2024)MYR-904k(-99.8%)

MAIN DESTINATION (October 2023)

This section shows Wool'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 over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$54.2k

IMPORTS (2022)$74k

NET TRADE (2022)-$19.9k

In 2022, Malaysia exported $54.2k in Wool. The main destinations of Malaysia exports on Wool were India ($42.3k), Chinese Taipei ($11.6k), and Brunei ($339).

In 2022, Malaysia imported $74k in Wool, mainly from United Kingdom ($55k), Australia ($5.81k), China ($5.36k), Hong Kong ($4.24k), and France ($3.57k).

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