2023
Exports
$1BWorld Rnk 36 / 223
Flag Rnk 46 / 1208
2023
PRODUCT COMPLEXITY IN Insulated Wire
-0.48Rnk 691 / 1025
2023
Imports
$1.2BWorld Rnk 34 / 225
Flag Rnk 35 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $1B in Insulated Wire, making it the 36th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 46th most exported product in Malaysia. The main destination of Insulated Wire exports from Malaysia are: Singapore ($208M), Japan ($115M), Thailand ($107M), United States ($101M), and Philippines ($59.1M).

The fastest growing export markets for Insulated Wire of Malaysia between 2022 and 2023 were Philippines ($14.1M), Dominican Republic ($7.96M), and Indonesia ($3.83M).

Imports In 2023, Malaysia imported $1.2B in Insulated Wire, becoming the 34th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 35th most imported product in Malaysia. Malaysia imports Insulated Wire primarily from: China ($524M), United States ($146M), Singapore ($105M), Germany ($91M), and Thailand ($51.1M).

The fastest growing import markets in Insulated Wire for Malaysia between 2022 and 2023 were Singapore ($44M), Hong Kong ($10.8M), and Belgium ($5.9M).

COMPANIES In 2023, leading companies such as StarTech (15), TE Connectivity (2), and Lollicup (1) were at the forefront of shipping Insulated Wire from Malaysia to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR90.8M(25.3%)
IMPORT GROWTH (November 2023 - November 2024)MYR655M(135%)
MAIN DESTINATION (November 2024)SingaporeMYR97.4M

This section shows Insulated Wire'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 Insulated Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1B
IMPORTS (2023)$1.2B
NET TRADE (2023)-$198M

In 2023, Malaysia exported $1B in Insulated Wire. The main destinations of Malaysia exports on Insulated Wire were Singapore ($208M), Japan ($115M), Thailand ($107M), United States ($101M), and Philippines ($59.1M).

In 2023, Malaysia imported $1.2B in Insulated Wire, mainly from China ($524M), United States ($146M), Singapore ($105M), Germany ($91M), and Thailand ($51.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Philippines$14.1M (31.3%)
Dominican Republic$7.96M (107%)
Indonesia$3.83M (12.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Malaysia WERE (2022 - 2023):
United States-$44.5M (-30.6%)
Thailand-$30.2M (-21.9%)
Singapore-$23.8M (-10.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Insulated Wire were:
In 2023, Malaysia's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $82.6M
TOP IMPORT POTENTIALChina+ $87.6M

Insulated Wire’s highest export potential is United States. With an export gap of $82.6M.   Insulated Wire’s highest import potential is China with an import gap of $87.6M.

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