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2022
Exports $3.66MWorld Rnk 19 / 151
Flag Rnk 793 / 1198
2022
Destination $911k Italy
2021 - 2022
FASTEST GROWING MARKET $911kItaly
2022
PRODUCT COMPLEXITY IN Plaiting Products-1.95Rnk 997 / 1025
2022
Imports $5.6MWorld Rnk 23 / 211
Flag Rnk 921 / 1203
2022
Origin $570k China
2021 - 2022
FASTEST GROWING ORIGIN $570kChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $3.66M in Plaiting Products, making it the 19th largest exporter of Plaiting Products in the world. At the same year, Plaiting Products was the 793rd most exported product in Malaysia. The main destination of Plaiting Products exports from Malaysia are: Italy ($911k), Singapore ($790k), India ($544k), China ($506k), and Spain ($221k).

The fastest growing export markets for Plaiting Products of Malaysia between 2021 and 2022 were Italy ($911k), Singapore ($670k), and India ($544k).

Imports In 2022, Malaysia imported $5.6M in Plaiting Products, becoming the 23rd largest importer of Plaiting Products in the world. At the same year, Plaiting Products was the 921st most imported product in Malaysia. Malaysia imports Plaiting Products primarily from: China ($4.3M), Thailand ($527k), India ($314k), Indonesia ($189k), and Vietnam ($118k).

The fastest growing import markets in Plaiting Products for Malaysia between 2021 and 2022 were China ($570k), Thailand ($383k), and India ($202k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Plaiting Products exports accounted up to MYR215k and imports accounted up to MYR975k, resulting in a negative trade balance of MYR760k. Between June 2023 and June 2024 the exports of Malaysia's   Plaiting Products have decreased by MYR-29.8k (-12.2%) from MYR245k to MYR215k, while imports increased by MYR613k (169%) from MYR363k to MYR975k.

Destinations In June 2024, Plaiting Products were exported mostly to Singapore (MYR85.9k), Thailand (MYR79.7k), India (MYR14.8k), Hong Kong (MYR11.5k), and United Arab Emirates (MYR10.1k), and were imported mostly from China (MYR820k), Thailand (MYR103k), Indonesia (MYR27.7k), Vietnam (MYR20.5k), and United States (MYR4.38k).

Growth In June 2024, the decrease in Plaiting Products's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-1.1k or -3.45%). In June 2024, the increase in Plaiting Products's year-by-year imports was explained primarily by an increase in imports from India (MYR56.6k or 304%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-29.8k(-12.2%)
IMPORT GROWTH (June 2023 - June 2024)MYR613k(169%)
MAIN DESTINATION (June 2024)SingaporeMYR85.9k

This section shows Plaiting Products'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 Plaiting Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.66M
IMPORTS (2022)$5.6M
NET TRADE (2022)-$1.94M

In 2022, Malaysia exported $3.66M in Plaiting Products. The main destinations of Malaysia exports on Plaiting Products were Italy ($911k), Singapore ($790k), India ($544k), China ($506k), and Spain ($221k).

In 2022, Malaysia imported $5.6M in Plaiting Products, mainly from China ($4.3M), Thailand ($527k), India ($314k), Indonesia ($189k), and Vietnam ($118k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plaiting Products EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Italy$911k (1%)
Singapore$670k (559%)
India$544k (113k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plaiting Products BY Malaysia WERE (2021 - 2022):
Hong Kong-$135k (-66.1%)
Maldives-$32.4k (-99.9%)
Burkina Faso-$8.62k (-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 Plaiting Products were:
China $364M
India $42.5M
France $20.2M
In 2022, Malaysia's main importing competitors in Plaiting Products were:
Japan $95.7M
United States $60.8M
France $44.2M

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Trade Value of Plaiting Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $84.6k
TOP IMPORT POTENTIALChina+ $196k

Plaiting Products’s highest export potential is France. With an export gap of $84.6k.   Plaiting Products’s highest import potential is China with an import gap of $196k.

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