Machinery Having Individual Functions in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $6.05B in Machinery Having Individual Functions, making it the 8th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 10th most exported product in Malaysia. The main destination of Machinery Having Individual Functions exports from Malaysia are: Singapore ($2.77B), United States ($829M), China ($454M), South Korea ($346M), and Chinese Taipei ($248M).

The fastest growing export markets for Machinery Having Individual Functions of Malaysia between 2021 and 2022 were Singapore ($1.11B), United States ($465M), and South Korea ($159M).

Imports In 2022, Malaysia imported $4.15B in Machinery Having Individual Functions, becoming the 10th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 7th most imported product in Malaysia. Malaysia imports Machinery Having Individual Functions primarily from: Singapore ($982M), China ($778M), United States ($705M), Japan ($639M), and Germany ($275M).

The fastest growing import markets in Machinery Having Individual Functions for Malaysia between 2021 and 2022 were United States ($454M), Singapore ($328M), and Japan ($315M).

COMPANIES In 2019, leading companies such as were at the forefront of shipping Machinery Having Individual Functions from Malaysia to the United States.

Latest Trends

September 2020

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Overview In September 2020 Malaysia's Machinery Having Individual Functions exports accounted up to MYR486M and imports accounted up to MYR506M, resulting in a negative trade balance of MYR20M. Between September 2019 and September 2020 the exports of Malaysia's Machinery Having Individual Functions have increased by MYR65.6M (15.6%) from MYR420M to MYR486M, while imports decreased by MYR-34.6M (-6.4%) from MYR540M to MYR506M.

Destinations In September 2020, Machinery Having Individual Functions were exported mostly to Singapore (MYR169M), United States (MYR111M), Indonesia (MYR31M), China (MYR25.7M), and Thailand (MYR18.9M), and were imported mostly from Germany (MYR160M), Japan (MYR102M), China (MYR87.1M), Singapore (MYR30M), and United States (MYR29.9M).

Growth In September 2020, the increase in Machinery Having Individual Functions's year-by-year exports was explained primarily by an increase in exports to Indonesia (MYR40.2M or 66.9%), Singapore (MYR21.2M or 25%), and Thailand (MYR14.4M or 92.3%). In September 2020, the decrease in Machinery Having Individual Functions's year-by-year imports was explained primarily by a decrease in imports from China (MYR-74.8M or -23.5%), Japan (MYR-35.4M or -38%), and Singapore (MYR-24.9M or -40.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR65.6M(15.6%)

IMPORT GROWTH (September 2019 - September 2020)MYR-34.6M(-6.4%)

MAIN DESTINATION (September 2020)SingaporeMYR169M

This section shows Machinery Having Individual Functions'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 Machinery Having Individual Functions over time.

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