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2022
Exports $55.6kWorld Rnk 52 / 120
Flag Rnk 1120 / 1198
2022
Destination $8.84k Singapore
2021 - 2022
FASTEST GROWING MARKET $8.84kUnited Arab Emirates
2022
PRODUCT COMPLEXITY IN Natural Cork Articles-0.86Rnk 792 / 1025
2022
Imports $565kWorld Rnk 67 / 201
Flag Rnk 1107 / 1203
2022
Origin $196k United Arab Emirates
2021 - 2022
FASTEST GROWING ORIGIN $196kUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $55.6k in Natural Cork Articles, making it the 52nd largest exporter of Natural Cork Articles in the world. At the same year, Natural Cork Articles was the 1120th most exported product in Malaysia. The main destination of Natural Cork Articles exports from Malaysia are: Singapore ($25.4k), Indonesia ($18k), United Arab Emirates ($8.92k), Philippines ($1.93k), and Maldives ($667).

The fastest growing export markets for Natural Cork Articles of Malaysia between 2021 and 2022 were United Arab Emirates ($8.84k), Indonesia ($8.49k), and Singapore ($6.98k).

Imports In 2022, Malaysia imported $565k in Natural Cork Articles, becoming the 67th largest importer of Natural Cork Articles in the world. At the same year, Natural Cork Articles was the 1107th most imported product in Malaysia. Malaysia imports Natural Cork Articles primarily from: United Arab Emirates ($304k), Singapore ($123k), Saudi Arabia ($55.6k), Portugal ($39.9k), and China ($25.1k).

The fastest growing import markets in Natural Cork Articles for Malaysia between 2021 and 2022 were United Arab Emirates ($196k), Singapore ($70.6k), and Saudi Arabia ($55.6k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Natural Cork Articles exports accounted up to MYR21.1k and imports accounted up to MYR15.9k, resulting in a positive trade balance of MYR5.15k. Between June 2023 and June 2024 the exports of Malaysia's   Natural Cork Articles have increased by MYR7.17k (51.6%) from MYR13.9k to MYR21.1k, while imports decreased by MYR-115k (-87.8%) from MYR130k to MYR15.9k.

Destinations In June 2024, Natural Cork Articles were exported mostly to Indonesia (MYR19.7k) and Singapore (MYR1.39k), and were imported mostly from China (MYR8.93k), Japan (MYR4.65k), Portugal (MYR1.48k), India (MYR447), and United States (MYR402).

Growth In June 2024, the increase in Natural Cork Articles's year-by-year exports was explained primarily by an increase in exports to Indonesia (MYR10.9k or 144%). In June 2024, the decrease in Natural Cork Articles's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR7.17k(51.6%)
IMPORT GROWTH (June 2023 - June 2024)MYR-115k(-87.8%)
MAIN DESTINATION (June 2024)IndonesiaMYR19.7k

This section shows Natural Cork Articles'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 Natural Cork Articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$55.6k
IMPORTS (2022)$565k
NET TRADE (2022)-$509k

In 2022, Malaysia exported $55.6k in Natural Cork Articles. The main destinations of Malaysia exports on Natural Cork Articles were Singapore ($25.4k), Indonesia ($18k), United Arab Emirates ($8.92k), Philippines ($1.93k), and Maldives ($667).

In 2022, Malaysia imported $565k in Natural Cork Articles, mainly from United Arab Emirates ($304k), Singapore ($123k), Saudi Arabia ($55.6k), Portugal ($39.9k), and China ($25.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural Cork Articles EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United Arab Emirates$8.84k (10.8k%)
Indonesia$8.49k (89.3%)
Singapore$6.98k (38%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural Cork Articles BY Malaysia WERE (2021 - 2022):
Saudi Arabia-$91.2k (-100%)
Philippines-$9.17k (-82.7%)
Kuwait-$1.23k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Natural Cork Articles were:
Portugal $510M
Spain $48.4M
United Arab Emirates $28.9M
In 2022, Malaysia's main importing competitors in Natural Cork Articles were:
United States $156M
France $136M
Spain $66.8M

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Trade Value of Natural Cork Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $11.4k
TOP IMPORT POTENTIALPortugal+ $45.7k

Natural Cork Articles’s highest export potential is Indonesia. With an export gap of $11.4k.   Natural Cork Articles’s highest import potential is Portugal with an import gap of $45.7k.

See methodology.

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