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2022
Exports $76.9MWorld Rnk 35 / 187
Flag Rnk 310 / 1198
2022
Destination $9.09M India
2021 - 2022
FASTEST GROWING MARKET $9.09MBurma
2022
PRODUCT COMPLEXITY IN Iron Pipes-0.034Rnk 558 / 1025
2022
Imports $274MWorld Rnk 36 / 221
Flag Rnk 173 / 1203
2022
Origin $56.6M China
2021 - 2022
FASTEST GROWING ORIGIN $56.6MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $76.9M in Iron Pipes, making it the 35th largest exporter of Iron Pipes in the world. At the same year, Iron Pipes was the 310th most exported product in Malaysia. The main destination of Iron Pipes exports from Malaysia are: India ($20.6M), Singapore ($13.8M), Burma ($9.17M), Canada ($6.88M), and Brunei ($4.66M).

The fastest growing export markets for Iron Pipes of Malaysia between 2021 and 2022 were Burma ($9.09M), India ($6.64M), and Canada ($2.49M).

Imports In 2022, Malaysia imported $274M in Iron Pipes, becoming the 36th largest importer of Iron Pipes in the world. At the same year, Iron Pipes was the 173rd most imported product in Malaysia. Malaysia imports Iron Pipes primarily from: China ($165M), Japan ($33.8M), Singapore ($26.3M), United States ($8.19M), and South Korea ($6.31M).

The fastest growing import markets in Iron Pipes for Malaysia between 2021 and 2022 were China ($56.6M), United States ($3.42M), and Indonesia ($3.16M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Iron Pipes exports accounted up to MYR14.4M and imports accounted up to MYR114M, resulting in a negative trade balance of MYR99.7M. Between June 2023 and June 2024 the exports of Malaysia's   Iron Pipes have decreased by MYR-266M (-94.9%) from MYR280M to MYR14.4M, while imports decreased by MYR-31M (-21.4%) from MYR145M to MYR114M.

Destinations In June 2024, Iron Pipes were exported mostly to Singapore (MYR7.83M), India (MYR2.83M), United States (MYR1.07M), Thailand (MYR594k), and Brazil (MYR531k), and were imported mostly from China (MYR55.1M), Japan (MYR42.9M), Singapore (MYR5.69M), Brazil (MYR2.24M), and India (MYR1.76M).

Growth In June 2024, the decrease in Iron Pipes's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-2.1M or -28.9%), India (MYR-1.6M or -26.1%), and Australia (MYR-252k or -86.7%). In June 2024, the decrease in Iron Pipes's year-by-year imports was explained primarily by a decrease in imports from China (MYR-21.8M or -32.4%), United States (MYR-3.37M or -40.3%), and South Korea (MYR-2.62M or -52.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-266M(-94.9%)
IMPORT GROWTH (June 2023 - June 2024)MYR-31M(-21.4%)
MAIN DESTINATION (June 2024)SingaporeMYR7.83M

This section shows Iron Pipes'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 Iron Pipes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$76.9M
IMPORTS (2022)$274M
NET TRADE (2022)-$197M

In 2022, Malaysia exported $76.9M in Iron Pipes. The main destinations of Malaysia exports on Iron Pipes were India ($20.6M), Singapore ($13.8M), Burma ($9.17M), Canada ($6.88M), and Brunei ($4.66M).

In 2022, Malaysia imported $274M in Iron Pipes, mainly from China ($165M), Japan ($33.8M), Singapore ($26.3M), United States ($8.19M), and South Korea ($6.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Pipes EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Burma$9.09M (11.2k%)
India$6.64M (47.5%)
Canada$2.49M (56.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Pipes BY Malaysia WERE (2021 - 2022):
Indonesia-$25.4M (-86.7%)
Italy-$4.46M (-71.5%)
Singapore-$3.6M (-20.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Iron Pipes were:
China $8.49B
Japan $2.88B
Germany $2.46B
In 2022, Malaysia's main importing competitors in Iron Pipes were:
United States $4.8B
Canada $1.35B
Germany $1.26B

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Trade Value of Iron Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $3.64M
TOP IMPORT POTENTIALChina+ $16.7M

Iron Pipes’s highest export potential is Indonesia. With an export gap of $3.64M.   Iron Pipes’s highest import potential is China with an import gap of $16.7M.

See methodology.

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