Microphones and Headphones in Malaysia 2021 Exports | Imports : $1.68B | $874M, World Rnk 7 / 219 Rnk 25 / 1201 | World Rnk 15 / 223 Rnk 50 / 1208
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $69.6M | $115M, Hong Kong | China
2021 ECONOMIC COMPLEXITY of Malaysia: 1.09, Rnk 24 / 131
2021 PRODUCT COMPLEXITY IN Microphones and Headphones: 0.82, Rnk 235 / 1029
Exports In 2021, Malaysia exported $1.68B in Microphones and Headphones, making it the 7th largest exporter of Microphones and Headphones in the world. At the same year, Microphones and Headphones was the 25th most exported product in Malaysia. The main destination of Microphones and Headphones exports from Malaysia are: Hong Kong ($320M), United States ($294M), China ($292M), Japan ($105M), and Netherlands ($86.1M).
The fastest growing export markets for Microphones and Headphones of Malaysia between 2020 and 2021 were Hong Kong ($69.6M), United States ($34.7M), and Singapore ($20.2M).
Imports In 2021, Malaysia imported $874M in Microphones and Headphones, becoming the 15th largest importer of Microphones and Headphones in the world. At the same year, Microphones and Headphones was the 50th most imported product in Malaysia. Malaysia imports Microphones and Headphones primarily from: China ($632M), Thailand ($67.7M), Philippines ($31.4M), Singapore ($28.4M), and Hong Kong ($24.6M).
The fastest growing import markets in Microphones and Headphones for Malaysia between 2020 and 2021 were China ($115M), Philippines ($28.5M), and Japan ($11.4M).
Tariffs In 2016, the average tariff for Malaysia in Microphones and Headphones was 8.18%. The countries with the highest import tariffs for Microphones and Headphones were Angola (Most Favoured Nation duty rate treatment, 8.18%), Burundi (Most Favoured Nation duty rate treatment, 8.18%), Benin (Most Favoured Nation duty rate treatment, 8.18%), Burkina Faso (Most Favoured Nation duty rate treatment, 8.18%), and Botswana (Most Favoured Nation duty rate treatment, 8.18%).
September 2020
Overview In September 2020 Malaysia's Microphones and Headphones exports accounted up to MYR793M and imports accounted up to MYR292M, resulting in a positive trade balance of MYR501M. Between September 2019 and September 2020 the exports of Malaysia's Microphones and Headphones have decreased by MYR-24.8M (-3.03%) from MYR818M to MYR793M, while imports increased by MYR43.8M (17.6%) from MYR248M to MYR292M.
Destinations In September 2020, Microphones and Headphones were exported mostly to United States (MYR205M), China (MYR181M), Hong Kong (MYR116M), Netherlands (MYR75M), and Belgium (MYR49.9M), and were imported mostly from China (MYR192M), Thailand (MYR44.6M), Hong Kong (MYR20.4M), Vietnam (MYR7.92M), and Mexico (MYR7.62M).
Growth In September 2020, the decrease in Microphones and Headphones's year-by-year exports was explained primarily by a decrease in exports to Germany (MYR-1.44M or -25.2%), Italy (MYR-652k or -30.4%), and Peru (MYR-479k or -61.8%). In September 2020, the increase in Microphones and Headphones's year-by-year imports was explained primarily by an increase in imports from China (MYR27M or 23.2%), Hong Kong (MYR15.1M or 278%), and Thailand (MYR11.1M or 274%).
EXPORT GROWTH (September 2019 - September 2020): MYR-24.8M, (-3.03%)
IMPORT GROWTH (September 2019 - September 2020): MYR43.8M, (17.6%)
MAIN DESTINATION (September 2020): United States, MYR205M
This section shows Microphones and Headphones'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 Microphones and Headphones over time.
For full datasets download visit Bulk Download page.
EXPORTS (2021): $1.68B
IMPORTS (2021): $874M
NET TRADE (2021): $811M
In 2021, Malaysia exported $1.68B in Microphones and Headphones. The main destinations of Malaysia exports on Microphones and Headphones were Hong Kong ($320M), United States ($294M), China ($292M), Japan ($105M), and Netherlands ($86.1M).
In 2021, Malaysia imported $874M in Microphones and Headphones, mainly from China ($632M), Thailand ($67.7M), Philippines ($31.4M), Singapore ($28.4M), and Hong Kong ($24.6M).
THE FASTEST GROWING Microphones and Headphones EXPORT MARKETS FOR Malaysia WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Microphones and Headphones BY Malaysia WERE (2020 - 2021):
In 2021, Malaysia's main exporting competitors in Microphones and Headphones were:
In 2021, Malaysia's main importing competitors in Microphones and Headphones were:
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