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2022
Exports $49.6MWorld Rnk 25 / 195
Flag Rnk 374 / 1198
2022
Destination $2M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $2MGermany
2022
PRODUCT COMPLEXITY IN Base Metal Watches0.41Rnk 406 / 1025
2022
Imports $300MWorld Rnk 20 / 220
Flag Rnk 164 / 1203
2022
Origin $54.4M Singapore
2021 - 2022
FASTEST GROWING ORIGIN $54.4MSingapore
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $49.6M in Base Metal Watches, making it the 25th largest exporter of Base Metal Watches in the world. At the same year, Base Metal Watches was the 374th most exported product in Malaysia. The main destination of Base Metal Watches exports from Malaysia are: Hong Kong ($20.2M), United States ($8.61M), Germany ($4.79M), Singapore ($3.08M), and Kazakhstan ($1.82M).

The fastest growing export markets for Base Metal Watches of Malaysia between 2021 and 2022 were Germany ($2M), United States ($1.11M), and United Arab Emirates ($896k).

Imports In 2022, Malaysia imported $300M in Base Metal Watches, becoming the 20th largest importer of Base Metal Watches in the world. At the same year, Base Metal Watches was the 164th most imported product in Malaysia. Malaysia imports Base Metal Watches primarily from: Singapore ($105M), Switzerland ($75.8M), China ($50.4M), Hong Kong ($47.2M), and Japan ($6.5M).

The fastest growing import markets in Base Metal Watches for Malaysia between 2021 and 2022 were Singapore ($54.4M), Switzerland ($21M), and Hong Kong ($7.99M).

COMPANIES In 2023, leading companies such as Motorola (5) were at the forefront of shipping Base Metal Watches from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Base Metal Watches exports accounted up to MYR13M and imports accounted up to MYR107M, resulting in a negative trade balance of MYR93.6M. Between June 2023 and June 2024 the exports of Malaysia's   Base Metal Watches have decreased by MYR-70.5k (-0.54%) from MYR13.1M to MYR13M, while imports decreased by MYR-21.7M (-16.9%) from MYR128M to MYR107M.

Destinations In June 2024, Base Metal Watches were exported mostly to Hong Kong (MYR9.09M), Switzerland (MYR1.18M), Japan (MYR449k), Singapore (MYR442k), and United Arab Emirates (MYR425k), and were imported mostly from Singapore (MYR62.8M), Switzerland (MYR24.6M), Hong Kong (MYR10.9M), China (MYR3.62M), and Japan (MYR2.11M).

Growth In June 2024, the decrease in Base Metal Watches's year-by-year exports was explained primarily by a decrease in exports to United States (MYR-1.78M or -74.5%), Kazakhstan (MYR-541k or -73.6%), and Germany (MYR-285k or -83.1%). In June 2024, the decrease in Base Metal Watches's year-by-year imports was explained primarily by a decrease in imports from Hong Kong (MYR-10M or -49.8%), United Arab Emirates (MYR-875k or -97.8%), and Japan (MYR-605k or -18.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-70.5k(-0.54%)
IMPORT GROWTH (June 2023 - June 2024)MYR-21.7M(-16.9%)
MAIN DESTINATION (June 2024)Hong KongMYR9.09M

This section shows Base Metal Watches'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 Base Metal Watches over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$49.6M
IMPORTS (2022)$300M
NET TRADE (2022)-$251M

In 2022, Malaysia exported $49.6M in Base Metal Watches. The main destinations of Malaysia exports on Base Metal Watches were Hong Kong ($20.2M), United States ($8.61M), Germany ($4.79M), Singapore ($3.08M), and Kazakhstan ($1.82M).

In 2022, Malaysia imported $300M in Base Metal Watches, mainly from Singapore ($105M), Switzerland ($75.8M), China ($50.4M), Hong Kong ($47.2M), and Japan ($6.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Base Metal Watches EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Germany$2M (71.7%)
United States$1.11M (14.8%)
United Arab Emirates$896k (445%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Base Metal Watches BY Malaysia WERE (2021 - 2022):
Hong Kong-$6.58M (-24.6%)
United Kingdom-$5.93M (-80.5%)
Austria-$2.86M (-99.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Base Metal Watches were:
Switzerland $16.1B
China $3.02B
Germany $1.18B
In 2022, Malaysia's main importing competitors in Base Metal Watches were:
United States $3.57B
Hong Kong $2.82B
China $2.14B

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Trade Value of Base Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.99M
TOP IMPORT POTENTIALChina+ $15.6M

Base Metal Watches’s highest export potential is United States. With an export gap of $6.99M.   Base Metal Watches’s highest import potential is China with an import gap of $15.6M.

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