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2022
Exports $449kWorld Rnk 67 / 169
Flag Rnk 1018 / 1198
2022
Destination $179k Germany
2021 - 2022
FASTEST GROWING MARKET $179kGermany
2022
PRODUCT COMPLEXITY IN Saddlery-0.063Rnk 569 / 1025
2022
Imports $37.3MWorld Rnk 15 / 211
Flag Rnk 579 / 1203
2022
Origin $9.23M China
2021 - 2022
FASTEST GROWING ORIGIN $9.23MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $449k in Saddlery, making it the 67th largest exporter of Saddlery in the world. At the same year, Saddlery was the 1018th most exported product in Malaysia. The main destination of Saddlery exports from Malaysia are: Germany ($180k), Singapore ($99.4k), United States ($66.3k), Brunei ($37.9k), and Hong Kong ($16.8k).

The fastest growing export markets for Saddlery of Malaysia between 2021 and 2022 were Germany ($179k), Singapore ($34.5k), and Greece ($10.9k).

Imports In 2022, Malaysia imported $37.3M in Saddlery, becoming the 15th largest importer of Saddlery in the world. At the same year, Saddlery was the 579th most imported product in Malaysia. Malaysia imports Saddlery primarily from: China ($36.3M), Chinese Taipei ($238k), Thailand ($235k), Germany ($108k), and Indonesia ($51.8k).

The fastest growing import markets in Saddlery for Malaysia between 2021 and 2022 were China ($9.23M), Chinese Taipei ($44.9k), and Argentina ($32.1k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Saddlery exports accounted up to MYR120k and imports accounted up to MYR604k, resulting in a negative trade balance of MYR484k. Between June 2023 and June 2024 the exports of Malaysia's   Saddlery have increased by MYR13.6k (12.7%) from MYR107k to MYR120k, while imports decreased by MYR-763k (-55.8%) from MYR1.37M to MYR604k.

Destinations In June 2024, Saddlery were exported mostly to Indonesia (MYR32.4k), Singapore (MYR30.5k), Brunei (MYR25.2k), Philippines (MYR17.5k), and Hong Kong (MYR8.82k), and were imported mostly from China (MYR290k), South Africa (MYR76.3k), Germany (MYR47k), Singapore (MYR42k), and India (MYR41.8k).

Growth In June 2024, the increase in Saddlery's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Saddlery's year-by-year imports was explained primarily by a decrease in imports from Vietnam (MYR-15.2k or -81.9%), Australia (MYR-6.08k or -99.9%), and Italy (MYR-2.32k or -23.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR13.6k(12.7%)
IMPORT GROWTH (June 2023 - June 2024)MYR-763k(-55.8%)
MAIN DESTINATION (June 2024)IndonesiaMYR32.4k

This section shows Saddlery'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 Saddlery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$449k
IMPORTS (2022)$37.3M
NET TRADE (2022)-$36.9M

In 2022, Malaysia exported $449k in Saddlery. The main destinations of Malaysia exports on Saddlery were Germany ($180k), Singapore ($99.4k), United States ($66.3k), Brunei ($37.9k), and Hong Kong ($16.8k).

In 2022, Malaysia imported $37.3M in Saddlery, mainly from China ($36.3M), Chinese Taipei ($238k), Thailand ($235k), Germany ($108k), and Indonesia ($51.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Saddlery EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Germany$179k (14.2k%)
Singapore$34.5k (53.2%)
Greece$10.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Saddlery BY Malaysia WERE (2021 - 2022):
United States-$177k (-72.8%)
Brunei-$19.2k (-33.6%)
France-$15.8k (-99.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Saddlery were:
China $1.34B
India $273M
Germany $219M
In 2022, Malaysia's main importing competitors in Saddlery were:
United States $813M
Germany $282M
United Kingdom $187M

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Trade Value of Saddlery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $154k
TOP IMPORT POTENTIALGermany+ $213k

Saddlery’s highest export potential is United States. With an export gap of $154k.   Saddlery’s highest import potential is Germany with an import gap of $213k.

See methodology.

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