Bitumen and asphalt in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $23.2M in Bitumen and asphalt, making it the 14th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 498th most exported product in Malaysia. The main destination of Bitumen and asphalt exports from Malaysia are: Vietnam ($4.21M), Thailand ($4.01M), Cambodia ($3.84M), Singapore ($2.27M), and Papua New Guinea ($1.6M).

The fastest growing export markets for Bitumen and asphalt of Malaysia between 2021 and 2022 were Cambodia ($2.48M), Singapore ($2.07M), and Vietnam ($1.89M).

Imports In 2022, Malaysia imported $4.33M in Bitumen and asphalt, becoming the 34th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 959th most imported product in Malaysia. Malaysia imports Bitumen and asphalt primarily from: Singapore ($2.56M), United Arab Emirates ($861k), Iran ($278k), United States ($265k), and China ($75.8k).

The fastest growing import markets in Bitumen and asphalt for Malaysia between 2021 and 2022 were United Arab Emirates ($731k), Iran ($150k), and United States ($85.6k).

COMPANIES In 2019, leading companies such as were at the forefront of shipping Bitumen and asphalt from Malaysia to the United States.

Latest Trends

September 2020

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Overview In September 2020 Malaysia's Bitumen and asphalt exports accounted up to MYR4.03M and imports accounted up to MYR15M, resulting in a negative trade balance of MYR11M. Between September 2019 and September 2020 the exports of Malaysia's Bitumen and asphalt have decreased by MYR-6.53M (-61.8%) from MYR10.6M to MYR4.03M, while imports increased by MYR15M (156k%) from MYR9.63k to MYR15M.

Destinations In September 2020, Bitumen and asphalt were exported mostly to Eswatini (MYR1.22M), Cameroon (MYR678k), Papua New Guinea (MYR498k), Brunei (MYR362k), and Thailand (MYR354k), and were imported mostly from United Arab Emirates (MYR9.15M), Singapore (MYR5.79M), South Africa (MYR33.7k), and United States (MYR9.68k).

Growth In September 2020, the decrease in Bitumen and asphalt's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei (MYR-26.8k or -34.6%). In September 2020, the increase in Bitumen and asphalt's year-by-year imports was explained primarily by an increase in imports from United States (MYR210k or 1.18k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-6.53M(-61.8%)

IMPORT GROWTH (September 2019 - September 2020)MYR15M(156k%)

MAIN DESTINATION (September 2020)EswatiniMYR1.22M

This section shows Bitumen and asphalt'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 Bitumen and asphalt over time.

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