HS Icon Cars in  Flag Malaysia

2021
Exports | Imports
: $371M | $1.6B, World Rnk 47 / 218
Flag Rnk 117 / 1201 | World Rnk 55 / 226
Flag Rnk 22 / 1208

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $20.5M | $324M, Vietnam |  Japan

2021
ECONOMIC COMPLEXITY of Malaysia
: 1.09, Rnk 24 / 131

2021
PRODUCT COMPLEXITY IN Cars
: 0.9, Rnk 202 / 1029

Exports In 2021, Malaysia exported $371M in Cars, making it the 47th largest exporter of Cars in the world. At the same year, Cars was the 117th most exported product in Malaysia. The main destination of Cars exports from Malaysia are: Thailand ($213M), Vietnam ($40.4M), Philippines ($26.3M), Chinese Taipei ($19.8M), and Indonesia ($15.7M).

The fastest growing export markets for Cars of Malaysia between 2020 and 2021 were Vietnam ($20.5M), Pakistan ($12.9M), and Chinese Taipei ($9.46M).

Imports In 2021, Malaysia imported $1.6B in Cars, becoming the 55th largest importer of Cars in the world. At the same year, Cars was the 22nd most imported product in Malaysia. Malaysia imports Cars primarily from: Japan ($657M), China ($299M), United Kingdom ($259M), Thailand ($128M), and Germany ($72.5M).

The fastest growing import markets in Cars for Malaysia between 2020 and 2021 were Japan ($324M), Thailand ($62.8M), and United Kingdom ($56M).

Tariffs In 2016, the average tariff for Malaysia in Cars was 23%. The countries with the highest import tariffs for Cars were Angola (Most Favoured Nation duty rate treatment, 23%), Burundi (Most Favoured Nation duty rate treatment, 23%), Benin (Most Favoured Nation duty rate treatment, 23%), Burkina Faso (Most Favoured Nation duty rate treatment, 23%), and Botswana (Most Favoured Nation duty rate treatment, 23%).

September 2020

Subnational Monthly Trade

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Time Scale
Flow
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EXPORT GROWTH (September 2019 - September 2020): MYR-159M, (-64.6%)

IMPORT GROWTH (September 2019 - September 2020): MYR-249M, (-40.8%)

MAIN DESTINATION (September 2020): Thailand, MYR37.5M

This section shows Cars'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 Cars over time.

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Historical Data

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EXPORTS (2021): $371M

IMPORTS (2021): $1.6B

NET TRADE (2021): -$1.23B

In 2021, Malaysia exported $371M in Cars. The main destinations of Malaysia exports on Cars were Thailand ($213M), Vietnam ($40.4M), Philippines ($26.3M), Chinese Taipei ($19.8M), and Indonesia ($15.7M).

In 2021, Malaysia imported $1.6B in Cars, mainly from Japan ($657M), China ($299M), United Kingdom ($259M), Thailand ($128M), and Germany ($72.5M).

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Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR Malaysia WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Malaysia WERE (2020 - 2021):

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Market Concentration

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Flow
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In 2021, Malaysia's main exporting competitors in Cars were:

In 2021, Malaysia's main importing competitors in Cars were:

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