Rubber in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $1.29B in Rubber, making it the 4th largest exporter of Rubber in the world. At the same year, Rubber was the 43rd most exported product in Malaysia. The main destination of Rubber exports from Malaysia are: China ($469M), United Arab Emirates ($84.4M), Slovenia ($82M), India ($64.5M), and United States ($60.5M).

The fastest growing export markets for Rubber of Malaysia between 2021 and 2022 were Slovenia ($54.1M), United Arab Emirates ($24.7M), and India ($15.8M).

Imports In 2022, Malaysia imported $1.42B in Rubber, becoming the 3rd largest importer of Rubber in the world. At the same year, Rubber was the 30th most imported product in Malaysia. Malaysia imports Rubber primarily from: Thailand ($684M), Cote d'Ivoire ($341M), Philippines ($129M), Burma ($113M), and Liberia ($47.3M).

The fastest growing import markets in Rubber for Malaysia between 2021 and 2022 were Cote d'Ivoire ($24.2M), Liberia ($12.1M), and Ghana ($7.73M).

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Rubber exports accounted up to MYR269M and imports accounted up to MYR567M, resulting in a negative trade balance of MYR297M. Between September 2019 and September 2020 the exports of Malaysia's Rubber have decreased by MYR-22.5M (-7.7%) from MYR292M to MYR269M, while imports increased by MYR164M (40.6%) from MYR403M to MYR567M.

Destinations In September 2020, Rubber were exported mostly to China (MYR121M), Germany (MYR35.7M), United Arab Emirates (MYR19.5M), Iran (MYR10.2M), and Brazil (MYR8.77M), and were imported mostly from Thailand (MYR280M), Cote d'Ivoire (MYR199M), Philippines (MYR38.3M), Ghana (MYR13.4M), and Vietnam (MYR7.96M).

Growth In September 2020, the decrease in Rubber's year-by-year exports was explained primarily by a decrease in exports to United Arab Emirates (MYR-9.24M or -68.8%), Vietnam (MYR-8.13M or -68.3%), and Iran (MYR-3.92M or -19.2%). In September 2020, the increase in Rubber's year-by-year imports was explained primarily by an increase in imports from Sri Lanka (MYR6.11M or 17.4k%), India (MYR5.7M or 101%), and Liberia (MYR1.96M or 36.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-22.5M(-7.7%)

IMPORT GROWTH (September 2019 - September 2020)MYR164M(40.6%)

MAIN DESTINATION (September 2020)ChinaMYR121M

This section shows Rubber'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 Rubber over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.29B

IMPORTS (2022)$1.42B

NET TRADE (2022)-$127M

In 2022, Malaysia exported $1.29B in Rubber. The main destinations of Malaysia exports on Rubber were China ($469M), United Arab Emirates ($84.4M), Slovenia ($82M), India ($64.5M), and United States ($60.5M).

In 2022, Malaysia imported $1.42B in Rubber, mainly from Thailand ($684M), Cote d'Ivoire ($341M), Philippines ($129M), Burma ($113M), and Liberia ($47.3M).

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