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2022
Exports $42.4MWorld Rnk 4 / 164
Flag Rnk 394 / 1198
2022
Destination $33.9M India
2021 - 2022
FASTEST GROWING MARKET $33.9MIndia
2022
Imports $23.3MWorld Rnk 7 / 201
Flag Rnk 674 / 1203
2022
Origin $20.6M India
2021 - 2022
FASTEST GROWING ORIGIN $20.6MIndia
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $42.4M in Neck Ties, making it the 4th largest exporter of Neck Ties in the world. At the same year, Neck Ties was the 394th most exported product in Malaysia. The main destination of Neck Ties exports from Malaysia are: India ($33.9M), United Arab Emirates ($8.1M), Singapore ($266k), Hong Kong ($119k), and Indonesia ($26.7k).

The fastest growing export markets for Neck Ties of Malaysia between 2021 and 2022 were India ($33.9M), United Arab Emirates ($8.1M), and Singapore ($131k).

Imports In 2022, Malaysia imported $23.3M in Neck Ties, becoming the 7th largest importer of Neck Ties in the world. At the same year, Neck Ties was the 674th most imported product in Malaysia. Malaysia imports Neck Ties primarily from: India ($20.6M), China ($1.97M), Indonesia ($385k), France ($82.8k), and Italy ($77.6k).

The fastest growing import markets in Neck Ties for Malaysia between 2021 and 2022 were India ($20.6M), China ($1.3M), and Indonesia ($385k).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Neck Ties exports accounted up to MYR84.7k and imports accounted up to MYR272k, resulting in a negative trade balance of MYR188k. Between August 2023 and August 2024 the exports of Malaysia's   Neck Ties have decreased by MYR-184k (-68.5%) from MYR269k to MYR84.7k, while imports decreased by MYR-43.5k (-13.8%) from MYR316k to MYR272k.

Destinations In August 2024, Neck Ties were exported mostly to Singapore (MYR37.7k), Hong Kong (MYR34.9k), United Arab Emirates (MYR6.46k), Philippines (MYR2.69k), and Qatar (MYR732), and were imported mostly from Italy (MYR138k), China (MYR56.1k), France (MYR33.7k), Singapore (MYR19.2k), and India (MYR7.45k).

Growth In August 2024, the decrease in Neck Ties's year-by-year exports was explained primarily by a decrease in exports to United Arab Emirates (MYR-6.19M or -100%). In August 2024, the decrease in Neck Ties's year-by-year imports was explained primarily by a decrease in imports from India (MYR-6.65M or -100%) and Singapore (MYR-36.5k or -94.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR-184k(-68.5%)
IMPORT GROWTH (August 2023 - August 2024)MYR-43.5k(-13.8%)
MAIN DESTINATION (August 2024)SingaporeMYR37.7k

This section shows Neck Ties'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 Neck Ties over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$42.4M
IMPORTS (2022)$23.3M
NET TRADE (2022)$19.1M

In 2022, Malaysia exported $42.4M in Neck Ties. The main destinations of Malaysia exports on Neck Ties were India ($33.9M), United Arab Emirates ($8.1M), Singapore ($266k), Hong Kong ($119k), and Indonesia ($26.7k).

In 2022, Malaysia imported $23.3M in Neck Ties, mainly from India ($20.6M), China ($1.97M), Indonesia ($385k), France ($82.8k), and Italy ($77.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Neck Ties EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
India$33.9M (1%)
United Arab Emirates$8.1M (15.6M%)
Singapore$131k (97.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Neck Ties BY Malaysia WERE (2021 - 2022):
Poland-$19.4k (-100%)
Brunei-$6.31k (-59.5%)
Macau-$4.74k (-77.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Neck Ties were:
China $232M
Italy $89.5M
France $45.7M
In 2022, Malaysia's main importing competitors in Neck Ties were:
United States $106M
India $51.9M
Japan $41.5M

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Trade Value of Neck Ties by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $211k
TOP IMPORT POTENTIALChina+ $1.06M

Neck Ties’s highest export potential is Singapore. With an export gap of $211k.   Neck Ties’s highest import potential is China with an import gap of $1.06M.

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