Medical Instruments in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $2.48B in Medical Instruments, making it the 16th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 19th most exported product in Malaysia. The main destination of Medical Instruments exports from Malaysia are: United States ($792M), Germany ($499M), Japan ($230M), China ($155M), and Netherlands ($114M).

The fastest growing export markets for Medical Instruments of Malaysia between 2021 and 2022 were United States ($199M), Germany ($104M), and United Kingdom ($56M).

Imports In 2022, Malaysia imported $842M in Medical Instruments, becoming the 30th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 67th most imported product in Malaysia. Malaysia imports Medical Instruments primarily from: United States ($201M), Singapore ($136M), China ($111M), Japan ($73.8M), and Germany ($65M).

The fastest growing import markets in Medical Instruments for Malaysia between 2021 and 2022 were United States ($37.3M), Singapore ($22M), and South Korea ($6.17M).

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

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Medical Instruments exports accounted up to MYR744M and imports accounted up to MYR265M, resulting in a positive trade balance of MYR479M. Between September 2019 and September 2020 the exports of Malaysia's Medical Instruments have increased by MYR53.4M (7.74%) from MYR691M to MYR744M, while imports decreased by MYR-40.1M (-13.1%) from MYR305M to MYR265M.

Destinations In September 2020, Medical Instruments were exported mostly to United States (MYR212M), Germany (MYR135M), Japan (MYR74.1M), Chinese Taipei (MYR63.6M), and South Korea (MYR48M), and were imported mostly from United States (MYR56.6M), Japan (MYR48.6M), China (MYR28.8M), Germany (MYR28.6M), and Singapore (MYR16.8M).

Growth In September 2020, the increase in Medical Instruments's year-by-year exports was explained primarily by an increase in exports to United States (MYR70M or 56.9%), Belgium (MYR14.4M or 36.6%), and Japan (MYR13.3M or 25.8%). In September 2020, the decrease in Medical Instruments's year-by-year imports was explained primarily by a decrease in imports from Singapore (MYR-1.77M or -4.48%), Hong Kong (MYR-1.39M or -19.7%), and United Kingdom (MYR-1.34M or -36.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR53.4M(7.74%)

IMPORT GROWTH (September 2019 - September 2020)MYR-40.1M(-13.1%)

MAIN DESTINATION (September 2020)United StatesMYR212M

This section shows Medical Instruments'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 Medical Instruments over time.

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