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2022
Exports $3.81BWorld Rnk 4 / 216
Flag Rnk 15 / 1198
2022
Destination $1.1B United States
2021 - 2022
FASTEST GROWING MARKET $1.1BUnited States
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery1.33Rnk 86 / 1025
2022
Imports $1.07BWorld Rnk 15 / 224
Flag Rnk 43 / 1203
2022
Origin $38.1M China
2021 - 2022
FASTEST GROWING ORIGIN $38.1MSingapore
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $3.81B in Other Electrical Machinery, making it the 4th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 15th most exported product in Malaysia. The main destination of Other Electrical Machinery exports from Malaysia are: United States ($1.73B), Singapore ($505M), Japan ($248M), Germany ($247M), and Laos ($198M).

The fastest growing export markets for Other Electrical Machinery of Malaysia between 2021 and 2022 were United States ($1.1B), Laos ($187M), and Germany ($80M).

Imports In 2022, Malaysia imported $1.07B in Other Electrical Machinery, becoming the 15th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 43rd most imported product in Malaysia. Malaysia imports Other Electrical Machinery primarily from: China ($490M), Singapore ($137M), Japan ($108M), Thailand ($65.2M), and United States ($62.7M).

The fastest growing import markets in Other Electrical Machinery for Malaysia between 2021 and 2022 were Singapore ($38.1M), Thailand ($26M), and China ($23.4M).

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

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Other Electrical Machinery exports accounted up to MYR809M and imports accounted up to MYR215M, resulting in a positive trade balance of MYR595M. Between August 2023 and August 2024 the exports of Malaysia's   Other Electrical Machinery have increased by MYR272M (50.7%) from MYR537M to MYR809M, while imports decreased by MYR-8.43M (-3.78%) from MYR223M to MYR215M.

Destinations In August 2024, Other Electrical Machinery were exported mostly to United States (MYR265M), Japan (MYR121M), Canada (MYR65.8M), Singapore (MYR47.8M), and Germany (MYR44.8M), and were imported mostly from China (MYR59.9M), Japan (MYR41.3M), United States (MYR20.1M), Singapore (MYR19.5M), and Germany (MYR13.5M).

Growth In August 2024, the increase in Other Electrical Machinery's year-by-year exports was explained primarily by an increase in exports to Thailand (MYR25.3M or 106%), Germany (MYR17.6M or 30.6%), and Netherlands (MYR14.8M or 182%). In August 2024, the decrease in Other Electrical Machinery's year-by-year imports was explained primarily by a decrease in imports from China (MYR-12.5M or -15%), Thailand (MYR-12.4M or -60.2%), and Germany (MYR-3.93M or -41.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR272M(50.7%)
IMPORT GROWTH (August 2023 - August 2024)MYR-8.43M(-3.78%)
MAIN DESTINATION (August 2024)United StatesMYR265M

This section shows Other Electrical 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 Other Electrical Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.81B
IMPORTS (2022)$1.07B
NET TRADE (2022)$2.75B

In 2022, Malaysia exported $3.81B in Other Electrical Machinery. The main destinations of Malaysia exports on Other Electrical Machinery were United States ($1.73B), Singapore ($505M), Japan ($248M), Germany ($247M), and Laos ($198M).

In 2022, Malaysia imported $1.07B in Other Electrical Machinery, mainly from China ($490M), Singapore ($137M), Japan ($108M), Thailand ($65.2M), and United States ($62.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United States$1.1B (173%)
Laos$187M (1.78k%)
Germany$80M (47.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Malaysia WERE (2021 - 2022):
Russia-$54.6M (-65.6%)
China-$34.5M (-24.6%)
Japan-$25.2M (-9.25%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Other Electrical Machinery were:
China $27.5B
Germany $4.81B
United States $4.57B
In 2022, Malaysia's main importing competitors in Other Electrical Machinery were:
United States $18.2B
China $4.55B
Germany $3.76B

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $119M
TOP IMPORT POTENTIALChina+ $72.3M

Other Electrical Machinery’s highest export potential is China. With an export gap of $119M.   Other Electrical Machinery’s highest import potential is China with an import gap of $72.3M.

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