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2022
Exports $60.6MWorld Rnk 57 / 223
Flag Rnk 347 / 1198
2022
Destination $6.79M Singapore
2021 - 2022
FASTEST GROWING MARKET $6.79MTurkey
2022
PRODUCT COMPLEXITY IN Non-Knit Women's Suits-1.24Rnk 889 / 1025
2022
Imports $809MWorld Rnk 21 / 223
Flag Rnk 71 / 1203
2022
Origin $239M China
2021 - 2022
FASTEST GROWING ORIGIN $239MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $60.6M in Non-Knit Women's Suits, making it the 57th largest exporter of Non-Knit Women's Suits in the world. At the same year, Non-Knit Women's Suits was the 347th most exported product in Malaysia. The main destination of Non-Knit Women's Suits exports from Malaysia are: Singapore ($13.8M), Turkey ($12.9M), United States ($7.24M), Hong Kong ($4.76M), and Philippines ($3.88M).

The fastest growing export markets for Non-Knit Women's Suits of Malaysia between 2021 and 2022 were Turkey ($6.79M), Kuwait ($1.9M), and India ($1.8M).

Imports In 2022, Malaysia imported $809M in Non-Knit Women's Suits, becoming the 21st largest importer of Non-Knit Women's Suits in the world. At the same year, Non-Knit Women's Suits was the 71st most imported product in Malaysia. Malaysia imports Non-Knit Women's Suits primarily from: China ($672M), Singapore ($24.8M), Bangladesh ($22M), India ($21.1M), and Hong Kong ($10.2M).

The fastest growing import markets in Non-Knit Women's Suits for Malaysia between 2021 and 2022 were China ($239M), Bangladesh ($13.2M), and Cambodia ($2.73M).

COMPANIES In 2023, leading companies such as H&M Clothing (1) and Kontoor Brands (1) were at the forefront of shipping Non-Knit Women's Suits from Malaysia to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Non-Knit Women's Suits exports accounted up to MYR61.2M and imports accounted up to MYR96.4M, resulting in a negative trade balance of MYR35.2M. Between August 2023 and August 2024 the exports of Malaysia's   Non-Knit Women's Suits have increased by MYR21M (52.3%) from MYR40.2M to MYR61.2M, while imports increased by MYR19.3M (25%) from MYR77.1M to MYR96.4M.

Destinations In August 2024, Non-Knit Women's Suits were exported mostly to Singapore (MYR8.76M), Hong Kong (MYR4M), Spain (MYR1.82M), Philippines (MYR1.73M), and United States (MYR1.07M), and were imported mostly from China (MYR38.5M), Singapore (MYR8.63M), India (MYR8.26M), Bangladesh (MYR8.1M), and Spain (MYR4.48M).

Growth In August 2024, the increase in Non-Knit Women's Suits's year-by-year exports was explained primarily by an increase in exports to Singapore (MYR2.18M or 28.5%), Philippines (MYR498k or 40.1%), and India (MYR272k or 6.56k%). In August 2024, the increase in Non-Knit Women's Suits's year-by-year imports was explained primarily by an increase in imports from Bangladesh (MYR5.67M or 82.4%), China (MYR5.45M or 25.6%), and Hong Kong (MYR1.75M or 56.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR21M(52.3%)
IMPORT GROWTH (August 2023 - August 2024)MYR19.3M(25%)
MAIN DESTINATION (August 2024)SingaporeMYR8.76M

This section shows Non-Knit Women's Suits'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 Non-Knit Women's Suits over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$60.6M
IMPORTS (2022)$809M
NET TRADE (2022)-$749M

In 2022, Malaysia exported $60.6M in Non-Knit Women's Suits. The main destinations of Malaysia exports on Non-Knit Women's Suits were Singapore ($13.8M), Turkey ($12.9M), United States ($7.24M), Hong Kong ($4.76M), and Philippines ($3.88M).

In 2022, Malaysia imported $809M in Non-Knit Women's Suits, mainly from China ($672M), Singapore ($24.8M), Bangladesh ($22M), India ($21.1M), and Hong Kong ($10.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Women's Suits EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Turkey$6.79M (112%)
Kuwait$1.9M (668%)
India$1.8M (682%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Women's Suits BY Malaysia WERE (2021 - 2022):
Saudi Arabia-$2.22M (-98.1%)
China-$1.81M (-87.6%)
Philippines-$1.03M (-21%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Non-Knit Women's Suits were:
China $23.1B
Bangladesh $6.63B
Turkey $4B
In 2022, Malaysia's main importing competitors in Non-Knit Women's Suits were:
United States $13.7B
Germany $7.36B
Spain $4.88B

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Trade Value of Non-Knit Women's Suits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.12M
TOP IMPORT POTENTIALChina+ $35.8M

Non-Knit Women's Suits’s highest export potential is United States. With an export gap of $8.12M.   Non-Knit Women's Suits’s highest import potential is China with an import gap of $35.8M.

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