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2022
Exports $954kWorld Rnk 42 / 152
Flag Rnk 952 / 1198
2022
Destination $51.5k Hong Kong
2021 - 2022
FASTEST GROWING MARKET $51.5kHong Kong
2022
PRODUCT COMPLEXITY IN Artistry Paints0.066Rnk 530 / 1025
2022
Imports $8.81MWorld Rnk 25 / 208
Flag Rnk 850 / 1203
2022
Origin $156k China
2021 - 2022
FASTEST GROWING ORIGIN $156kSingapore
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $954k in Artistry Paints, making it the 42nd largest exporter of Artistry Paints in the world. At the same year, Artistry Paints was the 952nd most exported product in Malaysia. The main destination of Artistry Paints exports from Malaysia are: Hong Kong ($342k), Singapore ($174k), United States ($76.5k), Saudi Arabia ($56.4k), and Vietnam ($53.1k).

The fastest growing export markets for Artistry Paints of Malaysia between 2021 and 2022 were Hong Kong ($51.5k), Qatar ($41.3k), and Brunei ($17.5k).

Imports In 2022, Malaysia imported $8.81M in Artistry Paints, becoming the 25th largest importer of Artistry Paints in the world. At the same year, Artistry Paints was the 850th most imported product in Malaysia. Malaysia imports Artistry Paints primarily from: China ($7.79M), Singapore ($199k), South Korea ($167k), India ($108k), and Germany ($95k).

The fastest growing import markets in Artistry Paints for Malaysia between 2021 and 2022 were Singapore ($156k), India ($86.3k), and South Korea ($73.1k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Artistry Paints exports accounted up to MYR328k and imports accounted up to MYR398k, resulting in a negative trade balance of MYR70.1k. Between June 2023 and June 2024 the exports of Malaysia's   Artistry Paints have decreased by MYR-12.4k (-3.64%) from MYR341k to MYR328k, while imports decreased by MYR-104k (-20.7%) from MYR502k to MYR398k.

Destinations In June 2024, Artistry Paints were exported mostly to Hong Kong (MYR193k), Philippines (MYR40.4k), Brunei (MYR38.5k), Singapore (MYR21.6k), and Australia (MYR17.3k), and were imported mostly from China (MYR234k), United Kingdom (MYR109k), Chinese Taipei (MYR20.4k), Italy (MYR16.9k), and Japan (MYR7.57k).

Growth In June 2024, the decrease in Artistry Paints's year-by-year exports was explained primarily by a decrease in exports to Thailand (MYR-10.9k or -41.5%), Indonesia (MYR-2.27k or -25.2%), and Singapore (MYR-547 or -5.11%). In June 2024, the decrease in Artistry Paints's year-by-year imports was explained primarily by a decrease in imports from Italy (MYR-37.9k or -68.2%), Germany (MYR-19k or -94.8%), and United Kingdom (MYR-5.12k or -30%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-12.4k(-3.64%)
IMPORT GROWTH (June 2023 - June 2024)MYR-104k(-20.7%)
MAIN DESTINATION (June 2024)Hong KongMYR193k

This section shows Artistry Paints'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 Artistry Paints over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$954k
IMPORTS (2022)$8.81M
NET TRADE (2022)-$7.86M

In 2022, Malaysia exported $954k in Artistry Paints. The main destinations of Malaysia exports on Artistry Paints were Hong Kong ($342k), Singapore ($174k), United States ($76.5k), Saudi Arabia ($56.4k), and Vietnam ($53.1k).

In 2022, Malaysia imported $8.81M in Artistry Paints, mainly from China ($7.79M), Singapore ($199k), South Korea ($167k), India ($108k), and Germany ($95k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Artistry Paints EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Hong Kong$51.5k (17.8%)
Qatar$41.3k (1%)
Brunei$17.5k (83.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artistry Paints BY Malaysia WERE (2021 - 2022):
Singapore-$178k (-50.6%)
Vietnam-$61.8k (-53.8%)
Indonesia-$15.8k (-79.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Artistry Paints were:
China $390M
France $72.4M
Germany $68.2M
In 2022, Malaysia's main importing competitors in Artistry Paints were:
United States $178M
Germany $67.9M
France $66.7M

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Trade Value of Artistry Paints by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $134k
TOP IMPORT POTENTIALChina+ $168k

Artistry Paints’s highest export potential is United States. With an export gap of $134k.   Artistry Paints’s highest import potential is China with an import gap of $168k.

See methodology.

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