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2022
Exports $225MWorld Rnk 17 / 149
Flag Rnk 167 / 1198
2022
Destination $22.4M Japan
2021 - 2022
FASTEST GROWING MARKET $22.4MNetherlands
2022
PRODUCT COMPLEXITY IN Fuel Wood-0.33Rnk 658 / 1025
2022
Imports $5.63MWorld Rnk 49 / 197
Flag Rnk 920 / 1203
2022
Origin $1.79M China
2021 - 2022
FASTEST GROWING ORIGIN $1.79MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $225M in Fuel Wood, making it the 17th largest exporter of Fuel Wood in the world. At the same year, Fuel Wood was the 167th most exported product in Malaysia. The main destination of Fuel Wood exports from Malaysia are: Japan ($64.4M), South Korea ($62.5M), China ($38.3M), Netherlands ($22.4M), and Indonesia ($10.8M).

The fastest growing export markets for Fuel Wood of Malaysia between 2021 and 2022 were Netherlands ($22.4M), South Korea ($17.2M), and Indonesia ($10.8M).

Imports In 2022, Malaysia imported $5.63M in Fuel Wood, becoming the 49th largest importer of Fuel Wood in the world. At the same year, Fuel Wood was the 920th most imported product in Malaysia. Malaysia imports Fuel Wood primarily from: China ($3.19M), Australia ($809k), Vietnam ($680k), Germany ($402k), and Japan ($239k).

The fastest growing import markets in Fuel Wood for Malaysia between 2021 and 2022 were China ($1.79M), Japan ($239k), and Australia ($208k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Fuel Wood exports accounted up to MYR59M and imports accounted up to MYR672k, resulting in a positive trade balance of MYR58.3M. Between June 2023 and June 2024 the exports of Malaysia's   Fuel Wood have increased by MYR4.87M (9%) from MYR54.1M to MYR59M, while imports decreased by MYR-560k (-45.4%) from MYR1.23M to MYR672k.

Destinations In June 2024, Fuel Wood were exported mostly to Japan (MYR23.3M), Netherlands (MYR19M), South Korea (MYR11.3M), Saudi Arabia (MYR1.89M), and Greece (MYR1.01M), and were imported mostly from China (MYR500k), Germany (MYR92.9k), Vietnam (MYR63.2k), Thailand (MYR11.6k), and Spain (MYR4.29k).

Growth In June 2024, the increase in Fuel Wood's year-by-year exports was explained primarily by an increase in exports to Chinese Taipei (MYR48.5k or 10.2%) and United Arab Emirates (MYR18.3k or 13.3%). In June 2024, the decrease in Fuel Wood's year-by-year imports was explained primarily by a decrease in imports from Indonesia (MYR-190k or -99.7%), Germany (MYR-143k or -77.9%), and Vietnam (MYR-53.4k or -28.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR4.87M(9%)
IMPORT GROWTH (June 2023 - June 2024)MYR-560k(-45.4%)
MAIN DESTINATION (June 2024)JapanMYR23.3M

This section shows Fuel Wood'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 Fuel Wood over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$225M
IMPORTS (2022)$5.63M
NET TRADE (2022)$219M

In 2022, Malaysia exported $225M in Fuel Wood. The main destinations of Malaysia exports on Fuel Wood were Japan ($64.4M), South Korea ($62.5M), China ($38.3M), Netherlands ($22.4M), and Indonesia ($10.8M).

In 2022, Malaysia imported $5.63M in Fuel Wood, mainly from China ($3.19M), Australia ($809k), Vietnam ($680k), Germany ($402k), and Japan ($239k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fuel Wood EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Netherlands$22.4M (234k%)
South Korea$17.2M (37.9%)
Indonesia$10.8M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fuel Wood BY Malaysia WERE (2021 - 2022):
Thailand-$1.7M (-74.5%)
Chinese Taipei-$689k (-48.3%)
Singapore-$334k (-17.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Fuel Wood were:
Vietnam $3.69B
United States $2.02B
Latvia $712M
In 2022, Malaysia's main importing competitors in Fuel Wood were:
China $2.64B
Japan $2.55B
United Kingdom $1.67B

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Trade Value of Fuel Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $23.8M
TOP IMPORT POTENTIALVietnam+ $1.12M

Fuel Wood’s highest export potential is China. With an export gap of $23.8M.   Fuel Wood’s highest import potential is Vietnam with an import gap of $1.12M.

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