Low-voltage Protection Equipment in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $1.8B in Low-voltage Protection Equipment, making it the 13th largest exporter of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 27th most exported product in Malaysia. The main destination of Low-voltage Protection Equipment exports from Malaysia are: Singapore ($341M), United States ($251M), Japan ($242M), China ($216M), and Hong Kong ($141M).

The fastest growing export markets for Low-voltage Protection Equipment of Malaysia between 2021 and 2022 were United States ($91.2M), China ($81M), and Japan ($49.8M).

Imports In 2022, Malaysia imported $2.13B in Low-voltage Protection Equipment, becoming the 17th largest importer of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 17th most imported product in Malaysia. Malaysia imports Low-voltage Protection Equipment primarily from: Singapore ($692M), China ($558M), United States ($257M), Japan ($130M), and South Korea ($93.4M).

The fastest growing import markets in Low-voltage Protection Equipment for Malaysia between 2021 and 2022 were Singapore ($321M), China ($48M), and South Korea ($29.8M).

COMPANIES In 2019, leading companies such as were at the forefront of shipping Low-voltage Protection Equipment from Malaysia to the United States.

Latest Trends

September 2020

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Overview In September 2020 Malaysia's Low-voltage Protection Equipment exports accounted up to MYR442M and imports accounted up to MYR597M, resulting in a negative trade balance of MYR155M. Between September 2019 and September 2020 the exports of Malaysia's Low-voltage Protection Equipment have increased by MYR49.6M (12.6%) from MYR393M to MYR442M, while imports decreased by MYR-131M (-18%) from MYR729M to MYR597M.

Destinations In September 2020, Low-voltage Protection Equipment were exported mostly to Singapore (MYR93.8M), Japan (MYR69.8M), China (MYR56.7M), Hong Kong (MYR51M), and United States (MYR43.6M), and were imported mostly from China (MYR216M), Singapore (MYR67.4M), Japan (MYR66.5M), United States (MYR49.8M), and Germany (MYR25.5M).

Growth In September 2020, the increase in Low-voltage Protection Equipment's year-by-year exports was explained primarily by an increase in exports to Japan (MYR12.8M or 23.2%), United States (MYR11.2M or 22.9%), and Philippines (MYR6.54M or 157%). In September 2020, the decrease in Low-voltage Protection Equipment's year-by-year imports was explained primarily by a decrease in imports from Japan (MYR-8.77M or -12.6%), Finland (MYR-4.66M or -67.4%), and Germany (MYR-4.47M or -13.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR49.6M(12.6%)

IMPORT GROWTH (September 2019 - September 2020)MYR-131M(-18%)

MAIN DESTINATION (September 2020)SingaporeMYR93.8M

This section shows Low-voltage Protection Equipment'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 Low-voltage Protection Equipment over time.

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