2023
Exports
$425MWorld Rnk 44 / 210
Flag Rnk 108 / 1208
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$1.82BWorld Rnk 65 / 225
Flag Rnk 22 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $425M in Cars, making it the 44th largest exporter of Cars in the world. At the same year, Cars was the 108th most exported product in Malaysia. The main destination of Cars exports from Malaysia are: Thailand ($262M), Philippines ($59.4M), Vietnam ($24.4M), Indonesia ($21.3M), and Brunei ($6.02M).

The fastest growing export markets for Cars of Malaysia between 2022 and 2023 were Thailand ($27.1M), Philippines ($8.04M), and Fiji ($3.01M).

Imports In 2023, Malaysia imported $1.82B in Cars, becoming the 65th 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 ($575M), Germany ($413M), China ($367M), Thailand ($145M), and United Kingdom ($124M).

The fastest growing import markets in Cars for Malaysia between 2022 and 2023 were Germany ($121M), China ($109M), and Thailand ($91M).

COMPANIES In 2023, leading companies such as Motorola (3), Bridgestone Tires (1), and Apex Product Group (1) were at the forefront of shipping Cars from Malaysia to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR28.1M(34.5%)
IMPORT GROWTH (November 2023 - November 2024)MYR-215M(-23.2%)
MAIN DESTINATION (November 2024)ThailandMYR54.4M

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

Trade Balance

Color
EXPORTS (2023)$425M
IMPORTS (2023)$1.82B
NET TRADE (2023)-$1.4B

In 2023, Malaysia exported $425M in Cars. The main destinations of Malaysia exports on Cars were Thailand ($262M), Philippines ($59.4M), Vietnam ($24.4M), Indonesia ($21.3M), and Brunei ($6.02M).

In 2023, Malaysia imported $1.82B in Cars, mainly from Japan ($575M), Germany ($413M), China ($367M), Thailand ($145M), and United Kingdom ($124M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Thailand$27.1M (11.5%)
Philippines$8.04M (15.7%)
Fiji$3.01M (6.32k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Malaysia WERE (2022 - 2023):
Vietnam-$47.6M (-66.1%)
Pakistan-$30.1M (-90.5%)
Chinese Taipei-$29.4M (-86.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Malaysia's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $23.4M
TOP IMPORT POTENTIALChina+ $208M

Cars’s highest export potential is Indonesia. With an export gap of $23.4M.   Cars’s highest import potential is China with an import gap of $208M.

See methodology.

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