2022
Exports
$17.7MWorld Rnk 19 / 153
Flag Rnk 548 / 1198
2022
PRODUCT COMPLEXITY IN Mill Machinery
0.2Rnk 485 / 1025
2022
Imports
$10.1MWorld Rnk 62 / 202
Flag Rnk 820 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $17.7M in Mill Machinery, making it the 19th largest exporter of Mill Machinery in the world. At the same year, Mill Machinery was the 548th most exported product in Malaysia. The main destination of Mill Machinery exports from Malaysia are: Indonesia ($12M), Nigeria ($2.42M), Papua New Guinea ($765k), Cote d'Ivoire ($487k), and Brazil ($418k).

The fastest growing export markets for Mill Machinery of Malaysia between 2021 and 2022 were Indonesia ($6.12M), Nigeria ($1.11M), and Papua New Guinea ($327k).

Imports In 2022, Malaysia imported $10.1M in Mill Machinery, becoming the 62nd largest importer of Mill Machinery in the world. At the same year, Mill Machinery was the 820th most imported product in Malaysia. Malaysia imports Mill Machinery primarily from: China ($6.23M), Spain ($640k), Thailand ($493k), Vietnam ($409k), and Germany ($388k).

The fastest growing import markets in Mill Machinery for Malaysia between 2021 and 2022 were China ($2.2M), Germany ($277k), and Austria ($192k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-272k(-41.6%)
IMPORT GROWTH (June 2023 - June 2024)MYR9.41M(234%)
MAIN DESTINATION (June 2024)CambodiaMYR271k

This section shows Mill Machinery'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 Mill Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$17.7M
IMPORTS (2022)$10.1M
NET TRADE (2022)$7.54M

In 2022, Malaysia exported $17.7M in Mill Machinery. The main destinations of Malaysia exports on Mill Machinery were Indonesia ($12M), Nigeria ($2.42M), Papua New Guinea ($765k), Cote d'Ivoire ($487k), and Brazil ($418k).

In 2022, Malaysia imported $10.1M in Mill Machinery, mainly from China ($6.23M), Spain ($640k), Thailand ($493k), Vietnam ($409k), and Germany ($388k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mill Machinery EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Indonesia$6.12M (104%)
Nigeria$1.11M (84.2%)
Papua New Guinea$327k (74.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mill Machinery BY Malaysia WERE (2021 - 2022):
Pakistan-$141k (-100%)
Cambodia-$127k (-95.6%)
Singapore-$73.1k (-41.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Mill Machinery were:
China $609M
Italy $195M
In 2022, Malaysia's main importing competitors in Mill Machinery were:

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Trade Value of Mill Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNigeria+ $216k
TOP IMPORT POTENTIALChina+ $1.03M

Mill Machinery’s highest export potential is Nigeria. With an export gap of $216k.   Mill Machinery’s highest import potential is China with an import gap of $1.03M.

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