Other Plastic Products in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $860M in Other Plastic Products, making it the 27th largest exporter of Other Plastic Products in the world. At the same year, Other Plastic Products was the 62nd most exported product in Malaysia. The main destination of Other Plastic Products exports from Malaysia are: Singapore ($208M), United States ($149M), Thailand ($78.8M), Japan ($48.7M), and China ($42.7M).

The fastest growing export markets for Other Plastic Products of Malaysia between 2021 and 2022 were United States ($38.8M), Thailand ($26.2M), and Indonesia ($8.01M).

Imports In 2022, Malaysia imported $1.69B in Other Plastic Products, becoming the 24th largest importer of Other Plastic Products in the world. At the same year, Other Plastic Products was the 23rd most imported product in Malaysia. Malaysia imports Other Plastic Products primarily from: China ($1.01B), Singapore ($231M), United States ($102M), Thailand ($55.9M), and Germany ($55.5M).

The fastest growing import markets in Other Plastic Products for Malaysia between 2021 and 2022 were China ($250M), Singapore ($78.7M), and United States ($39.8M).

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Other Plastic Products exports accounted up to MYR243M and imports accounted up to MYR295M, resulting in a negative trade balance of MYR51.8M. Between September 2019 and September 2020 the exports of Malaysia's Other Plastic Products have decreased by MYR-42.8M (-15%) from MYR286M to MYR243M, while imports increased by MYR44.3M (17.7%) from MYR250M to MYR295M.

Destinations In September 2020, Other Plastic Products were exported mostly to Singapore (MYR68.6M), United States (MYR43.1M), Japan (MYR21.1M), China (MYR14M), and Thailand (MYR12.2M), and were imported mostly from China (MYR164M), United States (MYR26.4M), Singapore (MYR25.2M), Japan (MYR24.4M), and Thailand (MYR9.09M).

Growth In September 2020, the decrease in Other Plastic Products's year-by-year exports was explained primarily by a decrease in exports to Australia (MYR-3.09M or -34.2%), Turkey (MYR-1.65M or -42.7%), and Sweden (MYR-699k or -61.8%). In September 2020, the increase in Other Plastic Products's year-by-year imports was explained primarily by an increase in imports from Thailand (MYR6.41M or 75.3%), United States (MYR4.58M or 23.8%), and Indonesia (MYR1.51M or 64.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-42.8M(-15%)

IMPORT GROWTH (September 2019 - September 2020)MYR44.3M(17.7%)

MAIN DESTINATION (September 2020)SingaporeMYR68.6M

This section shows Other Plastic 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 Other Plastic Products over time.

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