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2022
Exports $28.7MWorld Rnk 32 / 178
Flag Rnk 460 / 1198
2022
Destination $1.32M Singapore
2021 - 2022
FASTEST GROWING MARKET $1.32MThailand
2022
PRODUCT COMPLEXITY IN Large Iron Containers0.13Rnk 509 / 1025
2022
Imports $105MWorld Rnk 12 / 220
Flag Rnk 353 / 1203
2022
Origin $47.2M China
2021 - 2022
FASTEST GROWING ORIGIN $47.2MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $28.7M in Large Iron Containers, making it the 32nd largest exporter of Large Iron Containers in the world. At the same year, Large Iron Containers was the 460th most exported product in Malaysia. The main destination of Large Iron Containers exports from Malaysia are: Singapore ($8.77M), Indonesia ($3.11M), Thailand ($3.01M), United States ($1.88M), and Australia ($1.58M).

The fastest growing export markets for Large Iron Containers of Malaysia between 2021 and 2022 were Thailand ($1.32M), Indonesia ($914k), and Japan ($864k).

Imports In 2022, Malaysia imported $105M in Large Iron Containers, becoming the 12th largest importer of Large Iron Containers in the world. At the same year, Large Iron Containers was the 353rd most imported product in Malaysia. Malaysia imports Large Iron Containers primarily from: China ($58.1M), South Korea ($38.3M), Vietnam ($1.32M), Singapore ($1.22M), and United Kingdom ($1.08M).

The fastest growing import markets in Large Iron Containers for Malaysia between 2021 and 2022 were China ($47.2M), South Korea ($19M), and Spain ($699k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Large Iron Containers exports accounted up to MYR9.97M and imports accounted up to MYR2.95M, resulting in a positive trade balance of MYR7.02M. Between June 2023 and June 2024 the exports of Malaysia's   Large Iron Containers have decreased by MYR-3.37M (-25.3%) from MYR13.3M to MYR9.97M, while imports decreased by MYR-4.62M (-61.1%) from MYR7.57M to MYR2.95M.

Destinations In June 2024, Large Iron Containers were exported mostly to Singapore (MYR2.85M), Australia (MYR2.16M), Iraq (MYR1.7M), Thailand (MYR922k), and Burma (MYR528k), and were imported mostly from China (MYR1.53M), Vietnam (MYR502k), Singapore (MYR441k), India (MYR219k), and United Arab Emirates (MYR134k).

Growth In June 2024, the decrease in Large Iron Containers's year-by-year exports was explained primarily by a decrease in exports to Indonesia (MYR-2.15M or -93.5%), Brunei (MYR-131k or -35%), and South Africa (MYR-115k or -38.6%). In June 2024, the decrease in Large Iron Containers's year-by-year imports was explained primarily by a decrease in imports from United States (MYR-348k or -69.7%), Singapore (MYR-118k or -66.7%), and United Kingdom (MYR-42.6k or -95%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-3.37M(-25.3%)
IMPORT GROWTH (June 2023 - June 2024)MYR-4.62M(-61.1%)
MAIN DESTINATION (June 2024)SingaporeMYR2.85M

This section shows Large Iron Containers'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 Large Iron Containers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$28.7M
IMPORTS (2022)$105M
NET TRADE (2022)-$75.8M

In 2022, Malaysia exported $28.7M in Large Iron Containers. The main destinations of Malaysia exports on Large Iron Containers were Singapore ($8.77M), Indonesia ($3.11M), Thailand ($3.01M), United States ($1.88M), and Australia ($1.58M).

In 2022, Malaysia imported $105M in Large Iron Containers, mainly from China ($58.1M), South Korea ($38.3M), Vietnam ($1.32M), Singapore ($1.22M), and United Kingdom ($1.08M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Iron Containers EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Thailand$1.32M (78.3%)
Indonesia$914k (41.7%)
Japan$864k (1.67k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Iron Containers BY Malaysia WERE (2021 - 2022):
China-$1.76M (-70.3%)
Germany-$1.53M (-85.7%)
Benin-$662k (-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 Large Iron Containers were:
China $756M
Germany $353M
Italy $353M
In 2022, Malaysia's main importing competitors in Large Iron Containers were:
United States $526M
Germany $342M
France $215M

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Trade Value of Large Iron Containers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.62M
TOP IMPORT POTENTIALUnited States+ $746k

Large Iron Containers’s highest export potential is United States. With an export gap of $1.62M.   Large Iron Containers’s highest import potential is United States with an import gap of $746k.

See methodology.

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