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Pricing

2022
Exports $53.7MWorld Rnk 4 / 103
Flag Rnk 361 / 1198
2022
Destination $9.87M China
2021 - 2022
FASTEST GROWING MARKET $9.87MChina
2022
PRODUCT COMPLEXITY IN Tanned Furskins-0.55Rnk 714 / 1025
2022
Imports $5.24MWorld Rnk 27 / 138
Flag Rnk 929 / 1203
2022
Origin $3.02M Hong Kong
2021 - 2022
FASTEST GROWING ORIGIN $3.02MHong Kong
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $53.7M in Tanned Furskins, making it the 4th largest exporter of Tanned Furskins in the world. At the same year, Tanned Furskins was the 361st most exported product in Malaysia. The main destination of Tanned Furskins exports from Malaysia are: China ($52.6M), Hong Kong ($848k), Italy ($93.2k), Australia ($64.4k), and Thailand ($49.1k).

The fastest growing export markets for Tanned Furskins of Malaysia between 2021 and 2022 were China ($9.87M), Italy ($93.2k), and Singapore ($12.2k).

Imports In 2022, Malaysia imported $5.24M in Tanned Furskins, becoming the 27th largest importer of Tanned Furskins in the world. At the same year, Tanned Furskins was the 929th most imported product in Malaysia. Malaysia imports Tanned Furskins primarily from: Hong Kong ($3.45M), China ($1.53M), Germany ($97.2k), Thailand ($68.7k), and New Zealand ($56.7k).

The fastest growing import markets in Tanned Furskins for Malaysia between 2021 and 2022 were Hong Kong ($3.02M), China ($330k), and Thailand ($65.2k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Tanned Furskins exports accounted up to MYR244k and imports accounted up to MYR133k, resulting in a positive trade balance of MYR111k. Between June 2023 and June 2024 the exports of Malaysia's   Tanned Furskins have increased by MYR190k (354%) from MYR53.7k to MYR244k, while imports increased by MYR131k (7.82k%) from MYR1.68k to MYR133k.

Destinations In June 2024, Tanned Furskins were exported mostly to Thailand (MYR135k), United Arab Emirates (MYR45.4k), Australia (MYR26.1k), Germany (MYR20.2k), and Singapore (MYR10.2k), and were imported mostly from China (MYR133k).

Growth In June 2024, the increase in Tanned Furskins's year-by-year exports was explained primarily by an increase in exports to China (MYR37.4M or 7.22k%), Singapore (MYR11.2k or 201%), and Thailand (MYR428 or 4.58%). In June 2024, the increase in Tanned Furskins's year-by-year imports was explained primarily by an increase in imports from Hong Kong (MYR6.69M or 11.8k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR190k(354%)
IMPORT GROWTH (May 2023 - June 2024)MYR131k(7.82k%)
MAIN DESTINATION (June 2024)ThailandMYR135k

This section shows Tanned Furskins'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 Tanned Furskins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$53.7M
IMPORTS (2022)$5.24M
NET TRADE (2022)$48.4M

In 2022, Malaysia exported $53.7M in Tanned Furskins. The main destinations of Malaysia exports on Tanned Furskins were China ($52.6M), Hong Kong ($848k), Italy ($93.2k), Australia ($64.4k), and Thailand ($49.1k).

In 2022, Malaysia imported $5.24M in Tanned Furskins, mainly from Hong Kong ($3.45M), China ($1.53M), Germany ($97.2k), Thailand ($68.7k), and New Zealand ($56.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tanned Furskins EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$9.87M (23.1%)
Italy$93.2k (1%)
Singapore$12.2k (46.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanned Furskins BY Malaysia WERE (2021 - 2022):
Hong Kong-$2.08M (-71%)
Turkey-$584k (-100%)
Australia-$89.2k (-58.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Tanned Furskins were:
China $174M
Cambodia $161M
Thailand $124M
In 2022, Malaysia's main importing competitors in Tanned Furskins were:
China $329M
Italy $55.7M
Germany $50.6M

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Trade Value of Tanned Furskins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $186k
TOP IMPORT POTENTIALChina+ $476k

Tanned Furskins’s highest export potential is Hong Kong. With an export gap of $186k.   Tanned Furskins’s highest import potential is China with an import gap of $476k.

See methodology.

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