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2022
Exports $74.7MWorld Rnk 34 / 206
Flag Rnk 315 / 1198
falsefalse Singapore
2021 - 2022
FASTEST GROWING MARKETfalsePhilippines
2022
PRODUCT COMPLEXITY IN Shaving Products0.1Rnk 523 / 1025
2022
Imports $320MWorld Rnk 11 / 222
Flag Rnk 155 / 1203
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $74.7M in Shaving Products, making it the 34th largest exporter of Shaving Products in the world. At the same year, Shaving Products was the 315th most exported product in Malaysia. The main destination of Shaving Products exports from Malaysia are: Singapore ($15.5M), Japan ($11M), Australia ($5.65M), Thailand ($4.9M), and India ($4.8M).

The fastest growing export markets for Shaving Products of Malaysia between 2021 and 2022 were Philippines ($2.3M), India ($1.59M), and Vietnam ($990k).

Imports In 2022, Malaysia imported $320M in Shaving Products, becoming the 11th largest importer of Shaving Products in the world. At the same year, Shaving Products was the 155th most imported product in Malaysia. Malaysia imports Shaving Products primarily from: China ($207M), Thailand ($19.2M), Vietnam ($15.9M), United States ($12.1M), and South Korea ($9.25M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Shaving Products exports accounted up to MYR25.7M and imports accounted up to MYR66.9M, resulting in a negative trade balance of MYR41.2M. Between June 2023 and June 2024 the exports of Malaysia's   Shaving Products have decreased by MYR-1.29M (-4.76%) from MYR27M to MYR25.7M, while imports increased by MYR8.99M (15.5%) from MYR57.9M to MYR66.9M.

Destinations In June 2024, Shaving Products were exported mostly to Singapore (MYR4.56M), Japan (MYR4M), Indonesia (MYR2.92M), Brunei (MYR1.91M), and Australia (MYR1.78M), and were imported mostly from China (MYR21.4M), Thailand (MYR10.3M), Vietnam (MYR7.04M), India (MYR6.12M), and United States (MYR5.62M).

Growth In June 2024, the decrease in Shaving Products's year-by-year exports was explained primarily by a decrease in exports to Japan (MYR-2.32M or -44.6%), Vietnam (MYR-559k or -67.8%), and Indonesia (MYR-456k or -30.1%). In June 2024, the increase in Shaving Products's year-by-year imports was explained primarily by an increase in imports from United Arab Emirates (MYR1.17M or 3.03k%), South Korea (MYR1.09M or 73.9%), and India (MYR668k or 16.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-1.29M(-4.76%)
IMPORT GROWTH (June 2023 - June 2024)MYR8.99M(15.5%)
MAIN DESTINATION (June 2024)SingaporeMYR4.56M

This section shows Shaving Products'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 Shaving Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$74.7M
IMPORTS (2022)$320M
NET TRADE (2022)-$245M

In 2022, Malaysia exported $74.7M in Shaving Products. The main destinations of Malaysia exports on Shaving Products were Singapore ($15.5M), Japan ($11M), Australia ($5.65M), Thailand ($4.9M), and India ($4.8M).

In 2022, Malaysia imported $320M in Shaving Products, mainly from China ($207M), Thailand ($19.2M), Vietnam ($15.9M), United States ($12.1M), and South Korea ($9.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Shaving Products EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Philippines$2.3M (96%)
India$1.59M (49.4%)
Vietnam$990k (75.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Shaving Products BY Malaysia WERE (2021 - 2022):
Singapore-$1.58M (-9.28%)
Brunei-$893k (-19.1%)
Japan-$761k (-6.49%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Shaving Products were:
China $1.94B
United States $1.23B
United Kingdom $1.05B
In 2022, Malaysia's main importing competitors in Shaving Products were:
United States $1.4B
Germany $841M
Netherlands $630M

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Trade Value of Shaving Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.36M
TOP IMPORT POTENTIALThailand+ $6.21M

Shaving Products’s highest export potential is United States. With an export gap of $2.36M.   Shaving Products’s highest import potential is Thailand with an import gap of $6.21M.

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