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2018
Exports $1.85BWorld Rnk 16 / 166
Flag Rnk 24 / 1198
2018
Destination $71.5M China
2021 - 2022
FASTEST GROWING MARKET $71.5MChina
2022
PRODUCT COMPLEXITY IN Ethylene Polymers-0.17Rnk 603 / 1025
2018
Imports $1.87BWorld Rnk 17 / 208
Flag Rnk 21 / 1203
2018
Origin $179M United States
2021 - 2022
FASTEST GROWING ORIGIN $179MUnited States
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2018, Malaysia exported $1.85B in Ethylene Polymers, making it the 16th largest exporter of Ethylene Polymers in the world. At the same year, Ethylene Polymers was the 24th most exported product in Malaysia. The main destination of Ethylene Polymers exports from Malaysia are: China ($660M), Indonesia ($301M), Vietnam ($217M), India ($185M), and Thailand ($125M).

The fastest growing export markets for Ethylene Polymers of Malaysia between 2021 and 2022 were China ($71.5M), Indonesia ($38.8M), and India ($27.5M).

Imports In 2022, Malaysia imported $1.87B in Ethylene Polymers, becoming the 17th largest importer of Ethylene Polymers in the world. At the same year, Ethylene Polymers was the 21st most imported product in Malaysia. Malaysia imports Ethylene Polymers primarily from: United States ($495M), Saudi Arabia ($486M), Singapore ($296M), Thailand ($113M), and United Arab Emirates ($86.4M).

The fastest growing import markets in Ethylene Polymers for Malaysia between 2021 and 2022 were United States ($179M), Oman ($18.9M), and Kuwait ($15.4M).

COMPANIES In 2023, leading companies such as Gap (3) were at the forefront of shipping Ethylene Polymers from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Ethylene Polymers exports accounted up to MYR636M and imports accounted up to MYR672M, resulting in a negative trade balance of MYR35.8M. Between June 2023 and June 2024 the exports of Malaysia's   Ethylene Polymers have increased by MYR41.2M (6.92%) from MYR595M to MYR636M, while imports increased by MYR110M (19.6%) from MYR562M to MYR672M.

Destinations In June 2024, Ethylene Polymers were exported mostly to China (MYR254M), Indonesia (MYR134M), Vietnam (MYR80.5M), Thailand (MYR38.7M), and Philippines (MYR36.4M), and were imported mostly from United States (MYR270M), Saudi Arabia (MYR92M), Singapore (MYR90.5M), United Arab Emirates (MYR39.3M), and Thailand (MYR37.5M).

Growth In June 2024, the increase in Ethylene Polymers's year-by-year exports was explained primarily by an increase in exports to India (MYR30.2M or 58.1%), Pakistan (MYR2.87M or 325%), and Thailand (MYR2.6M or 6.06%). In June 2024, the increase in Ethylene Polymers's year-by-year imports was explained primarily by an increase in imports from Oman (MYR7.97M or 177%), China (MYR3.66M or 28%), and Brazil (MYR1.2M or 925%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR41.2M(6.92%)
IMPORT GROWTH (June 2023 - June 2024)MYR110M(19.6%)
MAIN DESTINATION (June 2024)ChinaMYR254M

This section shows Ethylene Polymers'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 Ethylene Polymers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.85B
IMPORTS (2022)$1.87B
NET TRADE (2022)-$15.3M

In 2022, Malaysia exported $1.85B in Ethylene Polymers. The main destinations of Malaysia exports on Ethylene Polymers were China ($660M), Indonesia ($301M), Vietnam ($217M), India ($185M), and Thailand ($125M).

In 2022, Malaysia imported $1.87B in Ethylene Polymers, mainly from United States ($495M), Saudi Arabia ($486M), Singapore ($296M), Thailand ($113M), and United Arab Emirates ($86.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ethylene Polymers EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$71.5M (12.1%)
Indonesia$38.8M (14.8%)
India$27.5M (17.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ethylene Polymers BY Malaysia WERE (2021 - 2022):
South Korea-$41.4M (-86.2%)
Pakistan-$17.6M (-81.6%)
Vietnam-$12.1M (-5.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Ethylene Polymers were:
United States $17.4B
Saudi Arabia $13.1B
South Korea $7.39B
In 2022, Malaysia's main importing competitors in Ethylene Polymers were:
China $22.7B
United States $5.12B
Germany $4.49B

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Trade Value of Ethylene Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $234M
TOP IMPORT POTENTIALThailand+ $74M

Ethylene Polymers’s highest export potential is China. With an export gap of $234M.   Ethylene Polymers’s highest import potential is Thailand with an import gap of $74M.

See methodology.

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