Large Flat-Rolled Stainless Steel in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $521M in Large Flat-Rolled Stainless Steel, making it the 19th largest exporter of Large Flat-Rolled Stainless Steel in the world. At the same year, Large Flat-Rolled Stainless Steel was the 97th most exported product in Malaysia. The main destination of Large Flat-Rolled Stainless Steel exports from Malaysia are: Italy ($80.8M), Spain ($77.1M), Indonesia ($43.7M), India ($40.9M), and Netherlands ($37.4M).

The fastest growing export markets for Large Flat-Rolled Stainless Steel of Malaysia between 2021 and 2022 were Italy ($65.6M), Spain ($39.3M), and India ($24.6M).

Imports In 2022, Malaysia imported $865M in Large Flat-Rolled Stainless Steel, becoming the 17th largest importer of Large Flat-Rolled Stainless Steel in the world. At the same year, Large Flat-Rolled Stainless Steel was the 62nd most imported product in Malaysia. Malaysia imports Large Flat-Rolled Stainless Steel primarily from: Indonesia ($491M), China ($144M), Chinese Taipei ($97.3M), Hong Kong ($26.4M), and Singapore ($22.5M).

The fastest growing import markets in Large Flat-Rolled Stainless Steel for Malaysia between 2021 and 2022 were Indonesia ($67.4M), Chinese Taipei ($33.7M), and China ($11.5M).

Latest Trends

September 2020

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Overview In September 2020 Malaysia's Large Flat-Rolled Stainless Steel exports accounted up to MYR60.8M and imports accounted up to MYR149M, resulting in a negative trade balance of MYR88M. Between September 2019 and September 2020 the exports of Malaysia's Large Flat-Rolled Stainless Steel have decreased by MYR-161M (-72.6%) from MYR222M to MYR60.8M, while imports decreased by MYR-217M (-59.4%) from MYR366M to MYR149M.

Destinations In September 2020, Large Flat-Rolled Stainless Steel were exported mostly to Thailand (MYR11.5M), Indonesia (MYR7.4M), India (MYR6.62M), Spain (MYR6.33M), and Italy (MYR5.4M), and were imported mostly from Indonesia (MYR74.7M), China (MYR21.7M), Chinese Taipei (MYR17M), Hong Kong (MYR14.8M), and South Africa (MYR3.81M).

Growth In September 2020, the decrease in Large Flat-Rolled Stainless Steel's year-by-year exports was explained primarily by a decrease in exports to Italy (MYR-15.9M or -98.2%), Chinese Taipei (MYR-12.9M or -89.9%), and Poland (MYR-11.4M or -88.7%). In September 2020, the decrease in Large Flat-Rolled Stainless Steel's year-by-year imports was explained primarily by a decrease in imports from Indonesia (MYR-60.5M or -76%), South Africa (MYR-49.5M or -65%), and South Korea (MYR-8.44M or -73.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-161M(-72.6%)

IMPORT GROWTH (September 2019 - September 2020)MYR-217M(-59.4%)

MAIN DESTINATION (September 2020)ThailandMYR11.5M

This section shows Large Flat-Rolled Stainless Steel'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 Flat-Rolled Stainless Steel over time.

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