Precious Metal Scraps in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $423M in Precious Metal Scraps, making it the 18th largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 111th most exported product in Malaysia. The main destination of Precious Metal Scraps exports from Malaysia are: Japan ($213M), India ($43.8M), Switzerland ($43.5M), Italy ($42.8M), and Belgium ($27.7M).

The fastest growing export markets for Precious Metal Scraps of Malaysia between 2021 and 2022 were Japan ($83M), India ($43.5M), and Switzerland ($27M).

Imports In 2022, Malaysia imported $455M in Precious Metal Scraps, becoming the 14th largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 120th most imported product in Malaysia. Malaysia imports Precious Metal Scraps primarily from: United States ($186M), Japan ($127M), Singapore ($63.5M), Germany ($27.8M), and Switzerland ($9.7M).

The fastest growing import markets in Precious Metal Scraps for Malaysia between 2021 and 2022 were United States ($183M), Japan ($14.3M), and Iran ($4.69M).

Latest Trends

September 2020

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Overview In September 2020 Malaysia's Precious Metal Scraps exports accounted up to MYR127M and imports accounted up to MYR99.9M, resulting in a positive trade balance of MYR27.5M. Between September 2019 and September 2020 the exports of Malaysia's Precious Metal Scraps have decreased by MYR-53.1M (-29.4%) from MYR181M to MYR127M, while imports increased by MYR49.3M (97.4%) from MYR50.6M to MYR99.9M.

Destinations In September 2020, Precious Metal Scraps were exported mostly to Japan (MYR96.9M), Switzerland (MYR9.53M), Italy (MYR7.22M), United States (MYR6.14M), and South Korea (MYR5.84M), and were imported mostly from Japan (MYR58.5M), Singapore (MYR23.3M), Switzerland (MYR11.8M), Germany (MYR5.96M), and Chinese Taipei (MYR302k).

Growth In September 2020, the decrease in Precious Metal Scraps's year-by-year exports was explained primarily by a decrease in exports to Switzerland (MYR-333M or -93.4%), Singapore (MYR-7.84M or -76%), and Chinese Taipei (MYR-1.03M or -26.3%). In September 2020, the increase in Precious Metal Scraps's year-by-year imports was explained primarily by an increase in imports from Japan (MYR7M or 31%), Singapore (MYR3.67M or 212%), and Switzerland (MYR1.99M or 64.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-53.1M(-29.4%)

IMPORT GROWTH (September 2019 - September 2020)MYR49.3M(97.4%)

MAIN DESTINATION (September 2020)JapanMYR96.9M

This section shows Precious Metal Scraps'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 Precious Metal Scraps over time.

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