2022
Exports
$63.9MWorld Rnk 27 / 177
Flag Rnk 338 / 1198
2022
PRODUCT COMPLEXITY IN Bandages
0.96Rnk 187 / 1025
2022
Imports
$89.1MWorld Rnk 24 / 221
Flag Rnk 383 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $63.9M in Bandages, making it the 27th largest exporter of Bandages in the world. At the same year, Bandages was the 338th most exported product in Malaysia. The main destination of Bandages exports from Malaysia are: China ($14.5M), Australia ($10.6M), South Korea ($8.28M), United States ($6.83M), and Singapore ($5.37M).

The fastest growing export markets for Bandages of Malaysia between 2021 and 2022 were United States ($2.72M), Singapore ($2.46M), and Spain ($1.32M).

Imports In 2022, Malaysia imported $89.1M in Bandages, becoming the 24th largest importer of Bandages in the world. At the same year, Bandages was the 383rd most imported product in Malaysia. Malaysia imports Bandages primarily from: China ($38.2M), Finland ($12M), United States ($6.7M), Singapore ($4.43M), and South Korea ($3.26M).

The fastest growing import markets in Bandages for Malaysia between 2021 and 2022 were China ($14.6M), Finland ($2.37M), and South Korea ($1.82M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR905k(2.36%)
IMPORT GROWTH (June 2023 - June 2024)MYR1.32M(3.35%)
MAIN DESTINATION (June 2024)ChinaMYR10.2M

This section shows Bandages'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 Bandages over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$63.9M
IMPORTS (2022)$89.1M
NET TRADE (2022)-$25.2M

In 2022, Malaysia exported $63.9M in Bandages. The main destinations of Malaysia exports on Bandages were China ($14.5M), Australia ($10.6M), South Korea ($8.28M), United States ($6.83M), and Singapore ($5.37M).

In 2022, Malaysia imported $89.1M in Bandages, mainly from China ($38.2M), Finland ($12M), United States ($6.7M), Singapore ($4.43M), and South Korea ($3.26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United States$2.72M (66.2%)
Singapore$2.46M (84.6%)
Spain$1.32M (869%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Malaysia WERE (2021 - 2022):
United Arab Emirates-$4.68M (-97.4%)
Australia-$3.48M (-24.8%)
China-$2.81M (-16.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Bandages were:
In 2022, Malaysia's main importing competitors in Bandages were:

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Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.36M
TOP IMPORT POTENTIALChina+ $8.57M

Bandages’s highest export potential is United States. With an export gap of $4.36M.   Bandages’s highest import potential is China with an import gap of $8.57M.

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