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2022
Exports $35.5MWorld Rnk 23 / 187
Flag Rnk 422 / 1198
2022
Destination $1.39M Singapore
2021 - 2022
FASTEST GROWING MARKET $1.39MChina
2022
PRODUCT COMPLEXITY IN Opto-Electric Instrument Parts1.05Rnk 150 / 1025
2022
Imports $44.7MWorld Rnk 20 / 220
Flag Rnk 537 / 1203
2022
Origin $4.81M United States
2021 - 2022
FASTEST GROWING ORIGIN $4.81MAustralia
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $35.5M in Opto-Electric Instrument Parts, making it the 23rd largest exporter of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 422nd most exported product in Malaysia. The main destination of Opto-Electric Instrument Parts exports from Malaysia are: Singapore ($8.34M), United States ($5M), Germany ($3.48M), China ($3.23M), and Japan ($2.97M).

The fastest growing export markets for Opto-Electric Instrument Parts of Malaysia between 2021 and 2022 were China ($1.39M), Germany ($686k), and Indonesia ($519k).

Imports In 2022, Malaysia imported $44.7M in Opto-Electric Instrument Parts, becoming the 20th largest importer of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 537th most imported product in Malaysia. Malaysia imports Opto-Electric Instrument Parts primarily from: United States ($13.3M), Australia ($12M), China ($5.61M), South Korea ($2.49M), and Singapore ($1.49M).

The fastest growing import markets in Opto-Electric Instrument Parts for Malaysia between 2021 and 2022 were Australia ($4.81M), China ($3.94M), and United States ($2.16M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Opto-Electric Instrument Parts exports accounted up to MYR7.81M and imports accounted up to MYR30.9M, resulting in a negative trade balance of MYR23.1M. Between June 2023 and June 2024 the exports of Malaysia's   Opto-Electric Instrument Parts have decreased by MYR-951k (-10.9%) from MYR8.76M to MYR7.81M, while imports increased by MYR7.01M (29.3%) from MYR23.9M to MYR30.9M.

Destinations In June 2024, Opto-Electric Instrument Parts were exported mostly to United States (MYR3.74M), Singapore (MYR817k), Spain (MYR587k), Thailand (MYR547k), and Netherlands (MYR381k), and were imported mostly from United States (MYR10.1M), China (MYR4.98M), South Korea (MYR4.46M), Singapore (MYR2.48M), and Switzerland (MYR1.98M).

Growth In June 2024, the decrease in Opto-Electric Instrument Parts's year-by-year exports was explained primarily by a decrease in exports to Netherlands (MYR-3.42M or -91%), Singapore (MYR-1.58M or -70.1%), and United States (MYR-951k or -25.7%). In June 2024, the increase in Opto-Electric Instrument Parts's year-by-year imports was explained primarily by an increase in imports from South Korea (MYR4.57M or 186%), Japan (MYR856k or 50.5%), and Switzerland (MYR590k or 30.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-951k(-10.9%)
IMPORT GROWTH (June 2023 - June 2024)MYR7.01M(29.3%)
MAIN DESTINATION (June 2024)United StatesMYR3.74M

This section shows Opto-Electric Instrument 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 Opto-Electric Instrument Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$35.5M
IMPORTS (2022)$44.7M
NET TRADE (2022)-$9.19M

In 2022, Malaysia exported $35.5M in Opto-Electric Instrument Parts. The main destinations of Malaysia exports on Opto-Electric Instrument Parts were Singapore ($8.34M), United States ($5M), Germany ($3.48M), China ($3.23M), and Japan ($2.97M).

In 2022, Malaysia imported $44.7M in Opto-Electric Instrument Parts, mainly from United States ($13.3M), Australia ($12M), China ($5.61M), South Korea ($2.49M), and Singapore ($1.49M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Opto-Electric Instrument Parts EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$1.39M (75.3%)
Germany$686k (24.6%)
Indonesia$519k (156%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Opto-Electric Instrument Parts BY Malaysia WERE (2021 - 2022):
Thailand-$23M (-97.8%)
United States-$12.9M (-72%)
Costa Rica-$2.01M (-96.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Opto-Electric Instrument Parts were:
United States $435M
Germany $420M
China $354M
In 2022, Malaysia's main importing competitors in Opto-Electric Instrument Parts were:
United States $380M
Germany $308M
Hong Kong $170M

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Trade Value of Opto-Electric Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.01M
TOP IMPORT POTENTIALThailand+ $1.4M

Opto-Electric Instrument Parts’s highest export potential is China. With an export gap of $2.01M.   Opto-Electric Instrument Parts’s highest import potential is Thailand with an import gap of $1.4M.

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