Platinum in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $7.53M in Platinum, making it the 42nd largest exporter of Platinum in the world. At the same year, Platinum was the 673rd most exported product in Malaysia. The main destination of Platinum exports from Malaysia are: Switzerland ($5.15M), Japan ($1.36M), Hong Kong ($588k), Germany ($394k), and Chinese Taipei ($23.1k).

The fastest growing export markets for Platinum of Malaysia between 2021 and 2022 were Germany ($394k), Singapore ($8.83k), and Brunei ($2.54k).

Imports In 2022, Malaysia imported $86.5M in Platinum, becoming the 28th largest importer of Platinum in the world. At the same year, Platinum was the 396th most imported product in Malaysia. Malaysia imports Platinum primarily from: Japan ($54.3M), Chinese Taipei ($17.1M), Germany ($9.25M), Italy ($2.65M), and Hong Kong ($831k).

The fastest growing import markets in Platinum for Malaysia between 2021 and 2022 were Germany ($1.23M), Hong Kong ($221k), and China ($138k).

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Platinum exports accounted up to MYR368k and imports accounted up to MYR48.4M, resulting in a negative trade balance of MYR48M. Between August 2019 and September 2020 the exports of Malaysia's Platinum have decreased by MYR-573k (-60.9%) from MYR941k to MYR368k, while imports increased by MYR177k (0.37%) from MYR48.2M to MYR48.4M.

Destinations In September 2020, Platinum were exported mostly to Italy (MYR325k) and Switzerland (MYR43.2k), and were imported mostly from United Kingdom (MYR42.2M), Chinese Taipei (MYR3.67M), Japan (MYR1.57M), Germany (MYR838k), and China (MYR47k).

Growth In September 2020, the decrease in Platinum's year-by-year exports was explained primarily by a decrease in exports to Japan (MYR-590k or -69.2%). In September 2020, the increase in Platinum's year-by-year imports was explained primarily by an increase in imports from China (MYR25.2M or 66.1%) and Chinese Taipei (MYR3.03M or 240%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2019 - September 2020)MYR-573k(-60.9%)

IMPORT GROWTH (September 2019 - September 2020)MYR177k(0.37%)

MAIN DESTINATION (September 2020)ItalyMYR325k

This section shows Platinum'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 Platinum over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$7.53M

IMPORTS (2022)$86.5M

NET TRADE (2022)-$78.9M

In 2022, Malaysia exported $7.53M in Platinum. The main destinations of Malaysia exports on Platinum were Switzerland ($5.15M), Japan ($1.36M), Hong Kong ($588k), Germany ($394k), and Chinese Taipei ($23.1k).

In 2022, Malaysia imported $86.5M in Platinum, mainly from Japan ($54.3M), Chinese Taipei ($17.1M), Germany ($9.25M), Italy ($2.65M), and Hong Kong ($831k).

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