Hot-Rolled Iron in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $99.7M in Hot-Rolled Iron, making it the 44th largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 281st most exported product in Malaysia. The main destination of Hot-Rolled Iron exports from Malaysia are: Singapore ($37.8M), Chinese Taipei ($27.5M), United States ($15.1M), Philippines ($5.14M), and Indonesia ($3.17M).

The fastest growing export markets for Hot-Rolled Iron of Malaysia between 2021 and 2022 were Singapore ($16M), United States ($15.1M), and Indonesia ($2.87M).

Imports In 2022, Malaysia imported $1.46B in Hot-Rolled Iron, becoming the 16th largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 28th most imported product in Malaysia. Malaysia imports Hot-Rolled Iron primarily from: Chinese Taipei ($420M), Vietnam ($355M), Japan ($202M), China ($191M), and South Korea ($148M).

The fastest growing import markets in Hot-Rolled Iron for Malaysia between 2021 and 2022 were China ($131M), Chinese Taipei ($50.3M), and Vietnam ($13.7M).

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Hot-Rolled Iron exports accounted up to MYR11.8M and imports accounted up to MYR395M, resulting in a negative trade balance of MYR383M. Between September 2019 and September 2020 the exports of Malaysia's Hot-Rolled Iron have increased by MYR926k (8.55%) from MYR10.8M to MYR11.8M, while imports decreased by MYR-103M (-20.8%) from MYR499M to MYR395M.

Destinations In September 2020, Hot-Rolled Iron were exported mostly to Singapore (MYR10.6M), India (MYR399k), Pakistan (MYR261k), Indonesia (MYR230k), and Vietnam (MYR146k), and were imported mostly from Chinese Taipei (MYR97M), Japan (MYR83.8M), Indonesia (MYR74.2M), South Korea (MYR70.7M), and India (MYR31M).

Growth In September 2020, the increase in Hot-Rolled Iron's year-by-year exports was explained primarily by an increase in exports to United States (MYR11M or 17.2k%), Singapore (MYR1.27M or 40%), and India (MYR234k or 122%). In September 2020, the decrease in Hot-Rolled Iron's year-by-year imports was explained primarily by a decrease in imports from Japan (MYR-38.6M or -32.2%), Thailand (MYR-9.17M or -98.2%), and United Kingdom (MYR-330k or -93.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR926k(8.55%)

IMPORT GROWTH (September 2019 - September 2020)MYR-103M(-20.8%)

MAIN DESTINATION (September 2020)SingaporeMYR10.6M

This section shows Hot-Rolled Iron'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 Hot-Rolled Iron over time.

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