Granite in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $5.87M in Granite, making it the 26th largest exporter of Granite in the world. At the same year, Granite was the 711th most exported product in Malaysia. The main destination of Granite exports from Malaysia are: Bangladesh ($4.58M), Singapore ($665k), United Arab Emirates ($227k), Brunei ($175k), and Cote d'Ivoire ($53.6k).

The fastest growing export markets for Granite of Malaysia between 2021 and 2022 were Bangladesh ($2.73M), United Arab Emirates ($166k), and Brunei ($114k).

Imports In 2022, Malaysia imported $918k in Granite, becoming the 69th largest importer of Granite in the world. At the same year, Granite was the 1086th most imported product in Malaysia. Malaysia imports Granite primarily from: China ($254k), India ($219k), Brazil ($146k), Greece ($144k), and Italy ($46.1k).

The fastest growing import markets in Granite for Malaysia between 2021 and 2022 were Brazil ($146k), India ($116k), and Greece ($108k).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Granite exports accounted up to MYR1.25M and imports accounted up to MYR673k, resulting in a positive trade balance of MYR579k. Between August 2023 and August 2024 the exports of Malaysia's Granite have increased by MYR286k (29.6%) from MYR966k to MYR1.25M, while imports increased by MYR65k (10.7%) from MYR608k to MYR673k.

Destinations In August 2024, Granite were exported mostly to Singapore (MYR870k), Chinese Taipei (MYR163k), China (MYR131k), Indonesia (MYR87k), and Brunei (MYR33), and were imported mostly from China (MYR349k), India (MYR238k), Singapore (MYR73.2k), Spain (MYR10.9k), and United States (MYR995).

Growth In August 2024, the increase in Granite's year-by-year exports was explained primarily by an increase in exports to Singapore (MYR266k or 165%) and Indonesia (MYR36.8k or 460%). In August 2024, the increase in Granite's year-by-year imports was explained primarily by an increase in imports from India (MYR240k or 250%) and China (MYR52.4k or 35%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)MYR286k(29.6%)

IMPORT GROWTH (August 2023 - August 2024)MYR65k(10.7%)

MAIN DESTINATION (August 2024)SingaporeMYR870k

This section shows Granite'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 Granite over time.

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