Aircraft Parts in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $648M in Aircraft Parts, making it the 21st largest exporter of Aircraft Parts in the world. At the same year, Aircraft Parts was the 79th most exported product in Malaysia. The main destination of Aircraft Parts exports from Malaysia are: United States ($146M), United Kingdom ($107M), Singapore ($61.1M), France ($43.8M), and India ($42.2M).

The fastest growing export markets for Aircraft Parts of Malaysia between 2021 and 2022 were United States ($18.4M), India ($13.7M), and Indonesia ($12M).

Imports In 2022, Malaysia imported $604M in Aircraft Parts, becoming the 20th largest importer of Aircraft Parts in the world. At the same year, Aircraft Parts was the 87th most imported product in Malaysia. Malaysia imports Aircraft Parts primarily from: Singapore ($114M), United States ($56.2M), France ($55.3M), Italy ($51.5M), and China ($41.6M).

The fastest growing import markets in Aircraft Parts for Malaysia between 2021 and 2022 were United States ($33.3M), Singapore ($32.7M), and Poland ($31.6M).

COMPANIES In 2019, leading companies such as were at the forefront of shipping Aircraft Parts from Malaysia to the United States.

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Aircraft Parts exports accounted up to MYR456M and imports accounted up to MYR575M, resulting in a negative trade balance of MYR119M. Between September 2019 and September 2020 the exports of Malaysia's Aircraft Parts have decreased by MYR-287M (-38.7%) from MYR743M to MYR456M, while imports decreased by MYR-288M (-33.3%) from MYR863M to MYR575M.

Destinations In September 2020, Aircraft Parts were exported mostly to China (MYR90.8M), United States (MYR69.3M), Singapore (MYR63.3M), United Kingdom (MYR54.5M), and Japan (MYR37M), and were imported mostly from United States (MYR207M), China (MYR99.2M), France (MYR67.5M), Singapore (MYR43.2M), and Italy (MYR20.1M).

Growth In September 2020, the decrease in Aircraft Parts's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-20.4M or -19.5%), Hong Kong (MYR-8.36M or -57.2%), and Australia (MYR-7.32M or -30.2%). In September 2020, the decrease in Aircraft Parts's year-by-year imports was explained primarily by a decrease in imports from Hong Kong (MYR-20.9M or -91.6%), Vietnam (MYR-9.95M or -59.6%), and Thailand (MYR-3.86M or -60.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-287M(-38.7%)

IMPORT GROWTH (September 2019 - September 2020)MYR-288M(-33.3%)

MAIN DESTINATION (September 2020)ChinaMYR90.8M

This section shows Aircraft Parts'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 Aircraft Parts over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$648M

IMPORTS (2022)$604M

NET TRADE (2022)$43.9M

In 2022, Malaysia exported $648M in Aircraft Parts. The main destinations of Malaysia exports on Aircraft Parts were United States ($146M), United Kingdom ($107M), Singapore ($61.1M), France ($43.8M), and India ($42.2M).

In 2022, Malaysia imported $604M in Aircraft Parts, mainly from Singapore ($114M), United States ($56.2M), France ($55.3M), Italy ($51.5M), and China ($41.6M).

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