Plastic Lids in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $1.18B in Plastic Lids, making it the 18th largest exporter of Plastic Lids in the world. At the same year, Plastic Lids was the 46th most exported product in Malaysia. The main destination of Plastic Lids exports from Malaysia are: Singapore ($256M), United States ($190M), Australia ($149M), Indonesia ($89.9M), and Thailand ($84.1M).

The fastest growing export markets for Plastic Lids of Malaysia between 2021 and 2022 were Australia ($26.3M), Chinese Taipei ($18.5M), and Indonesia ($12.6M).

Imports In 2022, Malaysia imported $694M in Plastic Lids, becoming the 23rd largest importer of Plastic Lids in the world. At the same year, Plastic Lids was the 76th most imported product in Malaysia. Malaysia imports Plastic Lids primarily from: China ($438M), Singapore ($64.8M), Thailand ($41.6M), South Korea ($29.3M), and United States ($24.9M).

The fastest growing import markets in Plastic Lids for Malaysia between 2021 and 2022 were China ($49.7M), United States ($6.23M), and Vietnam ($3.67M).

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Plastic Lids exports accounted up to MYR319M and imports accounted up to MYR133M, resulting in a positive trade balance of MYR186M. Between September 2019 and September 2020 the exports of Malaysia's Plastic Lids have decreased by MYR-29M (-8.33%) from MYR348M to MYR319M, while imports increased by MYR14.3M (12.1%) from MYR119M to MYR133M.

Destinations In September 2020, Plastic Lids were exported mostly to Singapore (MYR79.3M), United States (MYR61.1M), Australia (MYR29M), Thailand (MYR22.4M), and Japan (MYR22.2M), and were imported mostly from China (MYR46.9M), Japan (MYR17.3M), Thailand (MYR12.8M), Singapore (MYR12.6M), and United States (MYR10.6M).

Growth In September 2020, the decrease in Plastic Lids's year-by-year exports was explained primarily by a decrease in exports to Australia (MYR-6.45M or -16.5%), United Kingdom (MYR-3.21M or -14.9%), and Spain (MYR-2.08M or -39.3%). In September 2020, the increase in Plastic Lids's year-by-year imports was explained primarily by an increase in imports from China (MYR7.87M or 18%), Japan (MYR3.46M or 46.1%), and Thailand (MYR2.79M or 49.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-29M(-8.33%)

IMPORT GROWTH (September 2019 - September 2020)MYR14.3M(12.1%)

MAIN DESTINATION (September 2020)SingaporeMYR79.3M

This section shows Plastic Lids'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 Plastic Lids over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download