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2022
Exports $1.57MWorld Rnk 28 / 87
Flag Rnk 902 / 1198
2022
Destination $300k Australia
2021 - 2022
FASTEST GROWING MARKET $300kIndonesia
2022
PRODUCT COMPLEXITY IN Fishing Ships-0.29Rnk 643 / 1025
2022
Imports $201kWorld Rnk 72 / 150
Flag Rnk 1152 / 1203
2022
Origin $138k Thailand
2021 - 2022
FASTEST GROWING ORIGIN $138kThailand
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1.57M in Fishing Ships, making it the 28th largest exporter of Fishing Ships in the world. At the same year, Fishing Ships was the 902nd most exported product in Malaysia. The main destination of Fishing Ships exports from Malaysia are: Australia ($1.25M), Indonesia ($300k), Thailand ($7.8k), and Singapore ($4.89k).

The fastest growing export markets for Fishing Ships of Malaysia between 2021 and 2022 were Indonesia ($300k) and Thailand ($7.8k).

Imports In 2022, Malaysia imported $201k in Fishing Ships, becoming the 72nd largest importer of Fishing Ships in the world. At the same year, Fishing Ships was the 1152nd most imported product in Malaysia. Malaysia imports Fishing Ships primarily from: Thailand ($138k), Sweden ($58.5k), China ($2.5k), and Singapore ($2.03k).

The fastest growing import markets in Fishing Ships for Malaysia between 2021 and 2022 were Thailand ($138k), Sweden ($58.5k), and Singapore ($2.03k).

Latest Trends

November 2023

About

Overview In November 2023 Malaysia's Fishing Ships exports accounted up to MYR11.4M and imports accounted up to MYR165k, resulting in a positive trade balance of MYR11.2M. Between October 2018 and November 2023 the exports of Malaysia's   Fishing Ships have increased by MYR11.3M (30.2k%) from MYR37.6k to MYR11.4M, while imports decreased by MYR-20.8M (-99.2%) from MYR21M to MYR165k.

Destinations In November 2023, Fishing Ships were exported mostly to , and were imported mostly from Hong Kong (MYR165k).

Growth In November 2023, the increase in Fishing Ships's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the decrease in Fishing Ships's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2018 - November 2023)MYR11.3M(30.2k%)
IMPORT GROWTH (December 2015 - August 2024)MYR-20.8M(-99.2%)
MAIN DESTINATION (November 2023)

This section shows Fishing Ships'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 Fishing Ships over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.57M
IMPORTS (2022)$201k
NET TRADE (2022)$1.37M

In 2022, Malaysia exported $1.57M in Fishing Ships. The main destinations of Malaysia exports on Fishing Ships were Australia ($1.25M), Indonesia ($300k), Thailand ($7.8k), and Singapore ($4.89k).

In 2022, Malaysia imported $201k in Fishing Ships, mainly from Thailand ($138k), Sweden ($58.5k), China ($2.5k), and Singapore ($2.03k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fishing Ships EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Indonesia$300k (1%)
Thailand$7.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fishing Ships BY Malaysia WERE (2021 - 2022):
Australia-$1.31M (-51.1%)
Singapore-$5.53k (-53.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Fishing Ships were:
Turkey $248M
Norway $128M
Denmark $109M
In 2022, Malaysia's main importing competitors in Fishing Ships were:
Norway $161M
Denmark $147M
Russia $110M

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Trade Value of Fishing Ships by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $17.4k
TOP IMPORT POTENTIALChina+ $9.83k

Fishing Ships’s highest export potential is Singapore. With an export gap of $17.4k.   Fishing Ships’s highest import potential is China with an import gap of $9.83k.

See methodology.

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