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2023
Exports $353MWorld Rnk 13 / 203
Flag Rnk 120 / 1208
2023
Destination $39.6M United States
2022 - 2023
FASTEST GROWING MARKET $39.6MUnited States
2023
PRODUCT COMPLEXITY IN Audio Alarms0.55Rnk 347 / 1025
2023
Imports $247MWorld Rnk 24 / 223
Flag Rnk 178 / 1211
2023
Origin $28.7M China
2022 - 2023
FASTEST GROWING ORIGIN $28.7MSingapore
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $353M in Audio Alarms, making it the 13th largest exporter of Audio Alarms in the world. At the same year, Audio Alarms was the 120th most exported product in Malaysia. The main destination of Audio Alarms exports from Malaysia are: United States ($170M), China ($20.2M), United Kingdom ($19M), Singapore ($15.4M), and South Korea ($13.9M).

The fastest growing export markets for Audio Alarms of Malaysia between 2022 and 2023 were United States ($39.6M), South Korea ($6.38M), and United Arab Emirates ($1.87M).

Imports In 2023, Malaysia imported $247M in Audio Alarms, becoming the 24th largest importer of Audio Alarms in the world. At the same year, Audio Alarms was the 178th most imported product in Malaysia. Malaysia imports Audio Alarms primarily from: China ($108M), Singapore ($37.2M), Thailand ($19.5M), Chinese Taipei ($19.3M), and Japan ($14.5M).

The fastest growing import markets in Audio Alarms for Malaysia between 2022 and 2023 were Singapore ($28.7M), Chinese Taipei ($4.07M), and Spain ($2.67M).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Audio Alarms exports accounted up to MYR116M and imports accounted up to MYR104M, resulting in a positive trade balance of MYR11.7M. Between November 2023 and November 2024 the exports of Malaysia's   Audio Alarms have decreased by MYR-4.78M (-3.97%) from MYR120M to MYR116M, while imports increased by MYR36M (52.9%) from MYR68M to MYR104M.

Destinations In November 2024, Audio Alarms were exported mostly to United States (MYR45.8M), China (MYR16.1M), Singapore (MYR7.38M), Hong Kong (MYR7.01M), and Japan (MYR6.37M), and were imported mostly from United States (MYR38.1M), China (MYR27.3M), Singapore (MYR18.5M), Chinese Taipei (MYR5.81M), and Hong Kong (MYR3.88M).

Growth In November 2024, the decrease in Audio Alarms's year-by-year exports was explained primarily by a decrease in exports to Hong Kong (MYR-6.2M or -71%), Germany (MYR-2.7M or -42.5%), and Netherlands (MYR-1.93M or -40.2%). In November 2024, the increase in Audio Alarms's year-by-year imports was explained primarily by an increase in imports from China (MYR14.7M or 36.1%), United States (MYR764k or 35.3%), and Norway (MYR711k or 558%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-4.78M(-3.97%)
IMPORT GROWTH (November 2023 - November 2024)MYR36M(52.9%)
MAIN DESTINATION (November 2024)United StatesMYR45.8M

This section shows Audio Alarms'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 Audio Alarms over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$353M
IMPORTS (2023)$247M
NET TRADE (2023)$106M

In 2023, Malaysia exported $353M in Audio Alarms. The main destinations of Malaysia exports on Audio Alarms were United States ($170M), China ($20.2M), United Kingdom ($19M), Singapore ($15.4M), and South Korea ($13.9M).

In 2023, Malaysia imported $247M in Audio Alarms, mainly from China ($108M), Singapore ($37.2M), Thailand ($19.5M), Chinese Taipei ($19.3M), and Japan ($14.5M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Audio Alarms EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
United States$39.6M (30.3%)
South Korea$6.38M (84.7%)
United Arab Emirates$1.87M (174%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Audio Alarms BY Malaysia WERE (2022 - 2023):
Singapore-$12.7M (-45.3%)
Germany-$9.44M (-42.1%)
Brazil-$3.92M (-44.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Audio Alarms were:
China $6.4B
United States $1.61B
Vietnam $1.34B
In 2023, Malaysia's main importing competitors in Audio Alarms were:
United States $3.4B
France $1.46B
Germany $1.33B

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Trade Value of Audio Alarms by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $10.3M
TOP IMPORT POTENTIALChina+ $16.1M

Audio Alarms’s highest export potential is Singapore. With an export gap of $10.3M.   Audio Alarms’s highest import potential is China with an import gap of $16.1M.

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