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2022
Exports $3.15MWorld Rnk 64 / 214
Flag Rnk 815 / 1198
2022
Destination $107k Singapore
2021 - 2022
FASTEST GROWING MARKET $107kChinese Taipei
2022
PRODUCT COMPLEXITY IN Leather Apparel-1.09Rnk 854 / 1025
2022
Imports $58.1MWorld Rnk 25 / 224
Flag Rnk 481 / 1203
2022
Origin $19.5M China
2021 - 2022
FASTEST GROWING ORIGIN $19.5MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $3.15M in Leather Apparel, making it the 64th largest exporter of Leather Apparel in the world. At the same year, Leather Apparel was the 815th most exported product in Malaysia. The main destination of Leather Apparel exports from Malaysia are: Singapore ($935k), Indonesia ($274k), Philippines ($204k), India ($176k), and Hong Kong ($140k).

The fastest growing export markets for Leather Apparel of Malaysia between 2021 and 2022 were Chinese Taipei ($107k), Belgium ($102k), and India ($76.1k).

Imports In 2022, Malaysia imported $58.1M in Leather Apparel, becoming the 25th largest importer of Leather Apparel in the world. At the same year, Leather Apparel was the 481st most imported product in Malaysia. Malaysia imports Leather Apparel primarily from: China ($47.4M), Italy ($2.27M), France ($1.47M), Pakistan ($1.29M), and India ($1.23M).

The fastest growing import markets in Leather Apparel for Malaysia between 2021 and 2022 were China ($19.5M), Italy ($840k), and India ($585k).

COMPANIES In 2023, leading companies such as Halyard Health (376) were at the forefront of shipping Leather Apparel from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Leather Apparel exports accounted up to MYR1.11M and imports accounted up to MYR7.51M, resulting in a negative trade balance of MYR6.4M. Between June 2023 and June 2024 the exports of Malaysia's   Leather Apparel have increased by MYR192k (20.9%) from MYR917k to MYR1.11M, while imports decreased by MYR-1.8M (-19.3%) from MYR9.3M to MYR7.51M.

Destinations In June 2024, Leather Apparel were exported mostly to Singapore (MYR304k), Hong Kong (MYR192k), Philippines (MYR116k), United Kingdom (MYR102k), and Thailand (MYR47.5k), and were imported mostly from Singapore (MYR1.61M), Germany (MYR1.37M), Italy (MYR1.09M), China (MYR825k), and Pakistan (MYR606k).

Growth In June 2024, the increase in Leather Apparel's year-by-year exports was explained primarily by an increase in exports to Singapore (MYR241k or 72.7%) and Philippines (MYR17.9k or 74.5%). In June 2024, the decrease in Leather Apparel's year-by-year imports was explained primarily by a decrease in imports from China (MYR-158k or -10.4%), Thailand (MYR-106k or -80.4%), and Spain (MYR-104k or -4.66%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR192k(20.9%)
IMPORT GROWTH (June 2023 - June 2024)MYR-1.8M(-19.3%)
MAIN DESTINATION (June 2024)SingaporeMYR304k

This section shows Leather Apparel'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 Leather Apparel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.15M
IMPORTS (2022)$58.1M
NET TRADE (2022)-$54.9M

In 2022, Malaysia exported $3.15M in Leather Apparel. The main destinations of Malaysia exports on Leather Apparel were Singapore ($935k), Indonesia ($274k), Philippines ($204k), India ($176k), and Hong Kong ($140k).

In 2022, Malaysia imported $58.1M in Leather Apparel, mainly from China ($47.4M), Italy ($2.27M), France ($1.47M), Pakistan ($1.29M), and India ($1.23M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Apparel EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Chinese Taipei$107k (1.14k%)
Belgium$102k (741%)
India$76.1k (76.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Apparel BY Malaysia WERE (2021 - 2022):
United States-$1.06M (-88.7%)
Singapore-$562k (-37.5%)
France-$552k (-94.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Leather Apparel were:
Italy $1.33B
China $1.3B
India $849M
In 2022, Malaysia's main importing competitors in Leather Apparel were:
United States $1.65B
Germany $656M
France $484M

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Trade Value of Leather Apparel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $436k
TOP IMPORT POTENTIALPakistan+ $2.01M

Leather Apparel’s highest export potential is Singapore. With an export gap of $436k.   Leather Apparel’s highest import potential is Pakistan with an import gap of $2.01M.

See methodology.

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