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2022
Exports $346MWorld Rnk 20 / 175
Flag Rnk 130 / 1198
2022
Destination $14.3M Canada
2021 - 2022
FASTEST GROWING MARKET $14.3MSingapore
2022
PRODUCT COMPLEXITY IN Aluminium Bars-0.097Rnk 580 / 1025
2022
Imports $240MWorld Rnk 26 / 218
Flag Rnk 204 / 1203
2022
Origin $24.1M China
2021 - 2022
FASTEST GROWING ORIGIN $24.1MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $346M in Aluminium Bars, making it the 20th largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 130th most exported product in Malaysia. The main destination of Aluminium Bars exports from Malaysia are: Canada ($58M), Singapore ($54.2M), United States ($53.5M), Australia ($37.8M), and Spain ($20.6M).

The fastest growing export markets for Aluminium Bars of Malaysia between 2021 and 2022 were Singapore ($14.3M), Canada ($12.3M), and United Kingdom ($10.7M).

Imports In 2022, Malaysia imported $240M in Aluminium Bars, becoming the 26th largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 204th most imported product in Malaysia. Malaysia imports Aluminium Bars primarily from: China ($170M), Singapore ($19M), South Korea ($16.2M), Germany ($6.59M), and Chinese Taipei ($6.14M).

The fastest growing import markets in Aluminium Bars for Malaysia between 2021 and 2022 were China ($24.1M), Singapore ($4.87M), and Egypt ($2.02M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Aluminium Bars exports accounted up to MYR102M and imports accounted up to MYR87.5M, resulting in a positive trade balance of MYR14.2M. Between June 2023 and June 2024 the exports of Malaysia's   Aluminium Bars have decreased by MYR-38.1M (-27.3%) from MYR140M to MYR102M, while imports decreased by MYR-36.6M (-29.5%) from MYR124M to MYR87.5M.

Destinations In June 2024, Aluminium Bars were exported mostly to Canada (MYR23.2M), Singapore (MYR17.1M), United Kingdom (MYR10.3M), Australia (MYR9.88M), and United States (MYR9.25M), and were imported mostly from China (MYR62.1M), South Korea (MYR8.18M), Singapore (MYR7.09M), Chinese Taipei (MYR4.52M), and Japan (MYR3.14M).

Growth In June 2024, the decrease in Aluminium Bars's year-by-year exports was explained primarily by a decrease in exports to United States (MYR-11.9M or -55.5%), Australia (MYR-9.78M or -44.3%), and Spain (MYR-9.35M or -93%). In June 2024, the decrease in Aluminium Bars's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei (MYR-6.51M or -61%), South Korea (MYR-3.95M or -48.3%), and United Kingdom (MYR-1.96M or -99.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-38.1M(-27.3%)
IMPORT GROWTH (June 2023 - June 2024)MYR-36.6M(-29.5%)
MAIN DESTINATION (June 2024)CanadaMYR23.2M

This section shows Aluminium Bars'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 Aluminium Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$346M
IMPORTS (2022)$240M
NET TRADE (2022)$106M

In 2022, Malaysia exported $346M in Aluminium Bars. The main destinations of Malaysia exports on Aluminium Bars were Canada ($58M), Singapore ($54.2M), United States ($53.5M), Australia ($37.8M), and Spain ($20.6M).

In 2022, Malaysia imported $240M in Aluminium Bars, mainly from China ($170M), Singapore ($19M), South Korea ($16.2M), Germany ($6.59M), and Chinese Taipei ($6.14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$14.3M (35.9%)
Canada$12.3M (26.8%)
United Kingdom$10.7M (302%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Malaysia WERE (2021 - 2022):
Vietnam-$7.73M (-47.9%)
Poland-$4.89M (-64.4%)
China-$4.12M (-78.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Aluminium Bars were:
China $3.88B
Germany $2.8B
Turkey $2.4B
In 2022, Malaysia's main importing competitors in Aluminium Bars were:
Germany $4.47B
United States $2.29B
France $1.89B

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.6M
TOP IMPORT POTENTIALGermany+ $4.8M

Aluminium Bars’s highest export potential is United States. With an export gap of $10.6M.   Aluminium Bars’s highest import potential is Germany with an import gap of $4.8M.

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