Buses in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $28.6M in Buses, making it the 35th largest exporter of Buses in the world. At the same year, Buses was the 462nd most exported product in Malaysia. The main destination of Buses exports from Malaysia are: Hong Kong ($13.1M), Australia ($7.33M), Singapore ($5.07M), United States ($2.8M), and Japan ($110k).

The fastest growing export markets for Buses of Malaysia between 2021 and 2022 were Hong Kong ($11.5M), Japan ($110k), and United Kingdom ($72.4k).

Imports In 2022, Malaysia imported $73.9M in Buses, becoming the 50th largest importer of Buses in the world. At the same year, Buses was the 431st most imported product in Malaysia. Malaysia imports Buses primarily from: South Korea ($46.4M), China ($18.9M), Spain ($6.82M), Japan ($442k), and United Kingdom ($369k).

The fastest growing import markets in Buses for Malaysia between 2021 and 2022 were South Korea ($11.1M), China ($7.99M), and Spain ($5.7M).

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

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Buses exports accounted up to MYR27.4M and imports accounted up to MYR22.2M, resulting in a positive trade balance of MYR5.15M. Between August 2019 and September 2020 the exports of Malaysia's Buses have increased by MYR8.19M (42.7%) from MYR19.2M to MYR27.4M, while imports decreased by MYR-4.14M (-15.7%) from MYR26.4M to MYR22.2M.

Destinations In September 2020, Buses were exported mostly to Hong Kong (MYR15.8M), Singapore (MYR7.99M), Australia (MYR2.81M), United States (MYR818k), and Philippines (MYR12k), and were imported mostly from South Korea (MYR14.3M), China (MYR4.33M), Japan (MYR2.59M), and Sweden (MYR1M).

Growth In September 2020, the increase in Buses's year-by-year exports was explained primarily by an increase in exports to Thailand (MYR2.65M or 624%). In September 2020, the decrease in Buses's year-by-year imports was explained primarily by a decrease in imports from South Korea (MYR-3.55M or -34.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2019 - September 2020)MYR8.19M(42.7%)

IMPORT GROWTH (September 2019 - September 2020)MYR-4.14M(-15.7%)

MAIN DESTINATION (September 2020)Hong KongMYR15.8M

This section shows Buses'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 Buses over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$28.6M

IMPORTS (2022)$73.9M

NET TRADE (2022)-$45.2M

In 2022, Malaysia exported $28.6M in Buses. The main destinations of Malaysia exports on Buses were Hong Kong ($13.1M), Australia ($7.33M), Singapore ($5.07M), United States ($2.8M), and Japan ($110k).

In 2022, Malaysia imported $73.9M in Buses, mainly from South Korea ($46.4M), China ($18.9M), Spain ($6.82M), Japan ($442k), and United Kingdom ($369k).

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