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2022
Exports $1.04MWorld Rnk 57 / 175
Flag Rnk 943 / 1198
2022
Destination $598k China
2021 - 2022
FASTEST GROWING MARKET $598kChina
2022
PRODUCT COMPLEXITY IN Fake Hair-2.31Rnk 1013 / 1025
2022
Imports $28MWorld Rnk 22 / 210
Flag Rnk 633 / 1203
2022
Origin $11.4M China
2021 - 2022
FASTEST GROWING ORIGIN $11.4MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1.04M in Fake Hair, making it the 57th largest exporter of Fake Hair in the world. At the same year, Fake Hair was the 943rd most exported product in Malaysia. The main destination of Fake Hair exports from Malaysia are: China ($714k), United States ($132k), United Kingdom ($43.4k), Thailand ($36.2k), and Switzerland ($23.5k).

The fastest growing export markets for Fake Hair of Malaysia between 2021 and 2022 were China ($598k), United States ($111k), and United Kingdom ($43.4k).

Imports In 2022, Malaysia imported $28M in Fake Hair, becoming the 22nd largest importer of Fake Hair in the world. At the same year, Fake Hair was the 633rd most imported product in Malaysia. Malaysia imports Fake Hair primarily from: China ($27.4M), Philippines ($215k), Indonesia ($142k), Hong Kong ($53.3k), and Japan ($33.4k).

The fastest growing import markets in Fake Hair for Malaysia between 2021 and 2022 were China ($11.4M), Hong Kong ($42.7k), and Philippines ($13.3k).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Fake Hair exports accounted up to MYR68.8k and imports accounted up to MYR291k, resulting in a negative trade balance of MYR222k. Between August 2023 and August 2024 the exports of Malaysia's   Fake Hair have decreased by MYR-3.98M (-98.3%) from MYR4.05M to MYR68.8k, while imports decreased by MYR-11.4M (-97.5%) from MYR11.7M to MYR291k.

Destinations In August 2024, Fake Hair were exported mostly to Philippines (MYR21.4k), Singapore (MYR21.2k), United Arab Emirates (MYR10.4k), United States (MYR7.1k), and Cambodia (MYR2.78k), and were imported mostly from China (MYR144k), Indonesia (MYR40.8k), Japan (MYR33.2k), United States (MYR28.2k), and Hong Kong (MYR20.5k).

Growth In August 2024, the decrease in Fake Hair's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-68.3k or -79.2%). In August 2024, the decrease in Fake Hair's year-by-year imports was explained primarily by a decrease in imports from Hong Kong (MYR-14.9k or -68.7%) and Indonesia (MYR-1.81k or -19%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR-3.98M(-98.3%)
IMPORT GROWTH (August 2023 - August 2024)MYR-11.4M(-97.5%)
MAIN DESTINATION (August 2024)PhilippinesMYR21.4k

This section shows Fake Hair'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 Fake Hair over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.04M
IMPORTS (2022)$28M
NET TRADE (2022)-$26.9M

In 2022, Malaysia exported $1.04M in Fake Hair. The main destinations of Malaysia exports on Fake Hair were China ($714k), United States ($132k), United Kingdom ($43.4k), Thailand ($36.2k), and Switzerland ($23.5k).

In 2022, Malaysia imported $28M in Fake Hair, mainly from China ($27.4M), Philippines ($215k), Indonesia ($142k), Hong Kong ($53.3k), and Japan ($33.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fake Hair EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$598k (518%)
United States$111k (509%)
United Kingdom$43.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fake Hair BY Malaysia WERE (2021 - 2022):
Hong Kong-$2.65M (-100%)
Australia-$28k (-76.2%)
Hungary-$6.96k (-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 Fake Hair were:
China $3.28B
Indonesia $482M
Bangladesh $186M
In 2022, Malaysia's main importing competitors in Fake Hair were:
United States $2.01B
Nigeria $461M
South Africa $226M

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Trade Value of Fake Hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $224k
TOP IMPORT POTENTIALChina+ $2.37M

Fake Hair’s highest export potential is United States. With an export gap of $224k.   Fake Hair’s highest import potential is China with an import gap of $2.37M.

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