Malaysia | Imports and Exports | World | Semi-finished products of iron or non-alloy steel | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 7207 "Semi-finished products of iron or non-alloy steel" from Malaysia totalled $ 1.01 billion in 2023. Sales of commodity group 7207 from Malaysia went up by 42% compared to 2022: exports of commodity group 7207 "Semi-finished products of iron or non-alloy steel" went up by $ 303 million (cumulative exports of commodity group 7207 from Malaysia amounted $711 million in 2022)
Exports of commodity group 7207 "Semi-finished products of iron or non-alloy steel" amounted to 0.324% of total exports from Malaysia (cumulative merchandise exports from Malaysia totalled $ 312 billion in 2023). The share of commodity group 7207 in total exports from Malaysia increased by 0.122 p.p. compared to 2022 (it was 0.201% in 2022 and cumulative exports from Malaysia were equal to $ 352 billion).
Exports of commodity group 7207 amounted to 17.1% of total sales of group "" from Malaysia in 2023 (the value of exports of commodity group from Malaysia amounted to $5.9 billion in 2023). The share of exports of commodity group 7207 in sales of commodity group from Malaysia increased by 7.2 p.p. compared to 2022 (it was 9.97% in 2022, and exports of commodity group from Malaysia were $7.12 billion).
Where does Malaysia export Semi-finished products of iron or non-alloy steel?
Top export destinations of "Semi-finished products of iron or non-alloy steel" from Malaysia in 2023:
- Turkey with a share of 49% (504 million US$)
- Philippines with a share of 20% (213 million US$)
- Indonesia with a share of 15.9% (161 million US$)
- Thailand with a share of 5.89% (59 million US$)
- Japan with a share of 2.18% (22 million US$)
- USA with a share of 2.03% (20 million US$)
- Korea with a share of 1.06% (10.8 million US$)
- Cameroon with a share of 1.02% (10.3 million US$)
- India - 9.68 million US$
- Singapore - 930 thousand US$
Exports structure of 7207 - Semi-finished products of iron or non-alloy steel - from Malaysia in 2023 represented by the following main commodity groups:
- 50% (514 million US$): 720712 - Semi-finished products of iron/non-alloy steel, cont. by wt. <0.25% of carbon, of rect. (other than square) cross-section
- 26% (269 million US$): 720711 - Semi-finished products of iron/non-alloy steel, cont. by wt. <0.25% of carbon, of rect. (incl. square) cross-section, the width meas. < twice the thkns
- 22% (230 million US$): 720720 - Semi-finished products of iron/non-alloy steel, cont. by wt. 0.25%/more of carbon
- 0.078% (797 thousand US$): 720719 - Semi-finished products of iron/non-alloy steel, cont. by wt. <0.25% of carbon, n.e.s. in 72.07
The value of imports of commodity group 7207 "Semi-finished products of iron or non-alloy steel" to Malaysia totalled $ 204 million in 2023. Sales of commodity group 7207 to Malaysia went up by 2.62 thousand% compared to 2022: imports of commodity group 7207 "Semi-finished products of iron or non-alloy steel" went up by $ 197 million (the value of imports of commodity group 7207 to Malaysia was equal to $7.52 million in 2022)
Imports of commodity group 7207 "Semi-finished products of iron or non-alloy steel" accounted for 0.077% of total import flow to Malaysia (in 2023, total imports to Malaysia amounted to $ 265 billion). The share of commodity group 7207 in total imports to Malaysia increased by 0.074 p.p. compared to 2022 (it was 0.002% in 2022 and cumulative imports to Malaysia were equal to $ 294 billion).
Imports of commodity group 7207 reached 3.44% of total imports of group "" to Malaysia in 2023 (imports of commodity group to Malaysia totalled $5.94 billion in 2023). The share of purchases of commodity group 7207 in total imports of commodity group to Malaysia increased by 3.33 p.p. compared to 2022 (it was 0.113% in 2022, and imports of commodity group to Malaysia accounted for $6.6 billion).
Where does Malaysia import Semi-finished products of iron or non-alloy steel from?
Top trading partners (import of "Semi-finished products of iron or non-alloy steel") of Malaysia in 2023:
- Oman with a share of 67% (138 million US$)
- Indonesia with a share of 28% (58 million US$)
- France with a share of 3.48% (7.13 million US$)
- China - 505 thousand US$
- Singapore - 49 thousand US$
- Germany - 27 thousand US$
- Poland - 14 thousand US$
- Japan - 13.4 thousand US$
- Thailand - 9.95 thousand US$
- USA - 8.96 thousand US$
Imports structure of 7207 - Semi-finished products of iron or non-alloy steel - to Malaysia in 2023 represented by the following main commodity groups:
- 67% (139 million US$): 720712 - Semi-finished products of iron/non-alloy steel, cont. by wt. <0.25% of carbon, of rect. (other than square) cross-section
- 28% (58 million US$): 720711 - Semi-finished products of iron/non-alloy steel, cont. by wt. <0.25% of carbon, of rect. (incl. square) cross-section, the width meas. < twice the thkns
- 3.49% (7.15 million US$): 720720 - Semi-finished products of iron/non-alloy steel, cont. by wt. 0.25%/more of carbon
- 0.254% (522 thousand US$): 720719 - Semi-finished products of iron/non-alloy steel, cont. by wt. <0.25% of carbon, n.e.s. in 72.07
