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2022
Exports $164MWorld Rnk 28 / 137
Flag Rnk 216 / 1198
2022
Destination $78.7M South Korea
2021 - 2022
FASTEST GROWING MARKET $78.7MSouth Korea
2022
PRODUCT COMPLEXITY IN Passenger and Cargo Ships-0.47Rnk 691 / 1025
2022
Imports $239MWorld Rnk 40 / 185
Flag Rnk 205 / 1203
2022
Origin $6.07M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $6.07MThailand
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $164M in Passenger and Cargo Ships, making it the 28th largest exporter of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 216th most exported product in Malaysia. The main destination of Passenger and Cargo Ships exports from Malaysia are: South Korea ($87.4M), India ($21.3M), Indonesia ($13.4M), Thailand ($12.3M), and United Arab Emirates ($8.61M).

The fastest growing export markets for Passenger and Cargo Ships of Malaysia between 2021 and 2022 were South Korea ($78.7M), India ($21M), and Philippines ($3.91M).

Imports In 2022, Malaysia imported $239M in Passenger and Cargo Ships, becoming the 40th largest importer of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 205th most imported product in Malaysia. Malaysia imports Passenger and Cargo Ships primarily from: South Korea ($107M), Thailand ($102M), China ($26M), Indonesia ($2.64M), and Nigeria ($460k).

The fastest growing import markets in Passenger and Cargo Ships for Malaysia between 2021 and 2022 were Thailand ($6.07M), South Korea ($942k), and Nigeria ($460k).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Passenger and Cargo Ships exports accounted up to MYR7.28M and imports accounted up to MYR656k, resulting in a positive trade balance of MYR6.62M. Between May 2023 and August 2024 the exports of Malaysia's   Passenger and Cargo Ships have increased by MYR7.22M (12k%) from MYR60.2k to MYR7.28M, while imports decreased by MYR-267k (-28.9%) from MYR923k to MYR656k.

Destinations In August 2024, Passenger and Cargo Ships were exported mostly to Chinese Taipei (MYR5.74M) and Singapore (MYR1.54M), and were imported mostly from Singapore (MYR656k) and Japan (MYR3).

Growth In August 2024, the increase in Passenger and Cargo Ships's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the decrease in Passenger and Cargo Ships's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - August 2024)MYR7.22M(12k%)
IMPORT GROWTH (April 2023 - August 2024)MYR-267k(-28.9%)
MAIN DESTINATION (August 2024)Chinese TaipeiMYR5.74M

This section shows Passenger and Cargo Ships'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 Passenger and Cargo Ships over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$164M
IMPORTS (2022)$239M
NET TRADE (2022)-$75.5M

In 2022, Malaysia exported $164M in Passenger and Cargo Ships. The main destinations of Malaysia exports on Passenger and Cargo Ships were South Korea ($87.4M), India ($21.3M), Indonesia ($13.4M), Thailand ($12.3M), and United Arab Emirates ($8.61M).

In 2022, Malaysia imported $239M in Passenger and Cargo Ships, mainly from South Korea ($107M), Thailand ($102M), China ($26M), Indonesia ($2.64M), and Nigeria ($460k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Passenger and Cargo Ships EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
South Korea$78.7M (900%)
India$21M (6.79k%)
Philippines$3.91M (97.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Passenger and Cargo Ships BY Malaysia WERE (2021 - 2022):
Thailand-$52.2M (-80.9%)
Indonesia-$26.1M (-66%)
Singapore-$6.82M (-98.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Malaysia's main exporting competitors in Passenger and Cargo Ships were:
China $17.6B
South Korea $16.1B
Japan $9.4B
In 2022, Malaysia's main importing competitors in Passenger and Cargo Ships were:
Liberia $11.2B
United States $7.14B
Marshall Islands $6.8B

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Trade Value of Passenger and Cargo Ships by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $7.47M
TOP IMPORT POTENTIALChina+ $24.3M

Passenger and Cargo Ships’s highest export potential is Indonesia. With an export gap of $7.47M.   Passenger and Cargo Ships’s highest import potential is China with an import gap of $24.3M.

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