Key Market Indicators
Malaysia's fabric imports are expected to drop 3% annually over the next five years, down to $94 million in 2026 from $112 million in 2021. The country's imports have decreased 3.3% year-on-year since 1994. In 2021, Malaysia ranked 45th in the world, while Hungary overtook with $112 million. Indonesia, China and the United States occupied the 2nd, 3rd and 4th spots respectively. Malaysia's fabric exports, meanwhile, are set to grow 2.4% annually in the next five years, reaching $247 million in 2026 from $214 million in 2021. The country's exports have seen an average 10.8% year-on-year jump since 1994. In 2021, Malaysia ranked 11th in the world, while France came ahead with $214 million. South Korea, Italy and Germany were 2nd, 3rd and 4th respectively.