2022
Exports
$83.1MWorld Rnk 6 / 133
Flag Rnk 303 / 1198
2022
PRODUCT COMPLEXITY IN Other Clocks and Watches
1.32Rnk 89 / 1025
2022
Imports
$68.9MWorld Rnk 8 / 191
Flag Rnk 445 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $83.1M in Other Clocks and Watches, making it the 6th largest exporter of Other Clocks and Watches in the world. At the same year, Other Clocks and Watches was the 303rd most exported product in Malaysia. The main destination of Other Clocks and Watches exports from Malaysia are: Singapore ($54.5M), Japan ($15.9M), Hong Kong ($5.49M), Switzerland ($4.61M), and China ($1.62M).

The fastest growing export markets for Other Clocks and Watches of Malaysia between 2021 and 2022 were Singapore ($5.98M), Japan ($2.93M), and China ($1.42M).

Imports In 2022, Malaysia imported $68.9M in Other Clocks and Watches, becoming the 8th largest importer of Other Clocks and Watches in the world. At the same year, Other Clocks and Watches was the 445th most imported product in Malaysia. Malaysia imports Other Clocks and Watches primarily from: Singapore ($55.2M), Hong Kong ($4.23M), Japan ($3.01M), Thailand ($2.63M), and Switzerland ($1.89M).

The fastest growing import markets in Other Clocks and Watches for Malaysia between 2021 and 2022 were Hong Kong ($1.93M), China ($909k), and Switzerland ($682k).

COMPANIES In 2023, leading companies such as Panasonic (5) were at the forefront of shipping Other Clocks and Watches from Malaysia to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR3.21M(16.2%)
IMPORT GROWTH (August 2023 - August 2024)MYR655k(2.52%)
MAIN DESTINATION (August 2024)SingaporeMYR15.1M

This section shows Other Clocks and Watches'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 Other Clocks and Watches over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$83.1M
IMPORTS (2022)$68.9M
NET TRADE (2022)$14.2M

In 2022, Malaysia exported $83.1M in Other Clocks and Watches. The main destinations of Malaysia exports on Other Clocks and Watches were Singapore ($54.5M), Japan ($15.9M), Hong Kong ($5.49M), Switzerland ($4.61M), and China ($1.62M).

In 2022, Malaysia imported $68.9M in Other Clocks and Watches, mainly from Singapore ($55.2M), Hong Kong ($4.23M), Japan ($3.01M), Thailand ($2.63M), and Switzerland ($1.89M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Clocks and Watches EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$5.98M (12.3%)
Japan$2.93M (22.7%)
China$1.42M (740%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Clocks and Watches BY Malaysia WERE (2021 - 2022):
Hong Kong-$746k (-12%)
Brunei-$104k (-80.8%)
Philippines-$48.5k (-18.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Other Clocks and Watches were:
In 2022, Malaysia's main importing competitors in Other Clocks and Watches were:

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Trade Value of Other Clocks and Watches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.65M
TOP IMPORT POTENTIALThailand+ $2.23M

Other Clocks and Watches’s highest export potential is China. With an export gap of $1.65M.   Other Clocks and Watches’s highest import potential is Thailand with an import gap of $2.23M.

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