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2022
Exports $662MWorld Rnk 6 / 134
Flag Rnk 75 / 1198
2022
Destination $595M Chinese Taipei
2021 - 2022
FASTEST GROWING MARKET $595MChinese Taipei
2022
PRODUCT COMPLEXITY IN Photo Lab Equipment2.12Rnk 3 / 1025
2022
Imports $49.8MWorld Rnk 9 / 203
Flag Rnk 517 / 1203
2022
Origin $14.2M Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $14.2MChinese Taipei
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $662M in Photo Lab Equipment, making it the 6th largest exporter of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 75th most exported product in Malaysia. The main destination of Photo Lab Equipment exports from Malaysia are: Chinese Taipei ($658M), Philippines ($3.34M), Netherlands ($161k), Singapore ($96k), and Bangladesh ($50.4k).

The fastest growing export markets for Photo Lab Equipment of Malaysia between 2021 and 2022 were Chinese Taipei ($595M), Philippines ($1.42M), and Bangladesh ($27.4k).

Imports In 2022, Malaysia imported $49.8M in Photo Lab Equipment, becoming the 9th largest importer of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 517th most imported product in Malaysia. Malaysia imports Photo Lab Equipment primarily from: Chinese Taipei ($40.1M), China ($3.25M), Germany ($2.27M), South Korea ($2.09M), and United States ($797k).

The fastest growing import markets in Photo Lab Equipment for Malaysia between 2021 and 2022 were Chinese Taipei ($14.2M), Poland ($20.5k), and Australia ($3.38k).

COMPANIES In 2023, leading companies such as Lollicup (1) were at the forefront of shipping Photo Lab Equipment from Malaysia to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Photo Lab Equipment exports accounted up to MYR342k and imports accounted up to MYR2.04M, resulting in a negative trade balance of MYR1.7M. Between August 2023 and August 2024 the exports of Malaysia's   Photo Lab Equipment have increased by MYR228k (200%) from MYR114k to MYR342k, while imports increased by MYR593k (40.9%) from MYR1.45M to MYR2.04M.

Destinations In August 2024, Photo Lab Equipment were exported mostly to South Korea (MYR119k), France (MYR110k), Singapore (MYR43.6k), Bangladesh (MYR39.4k), and Nigeria (MYR24k), and were imported mostly from United States (MYR935k), China (MYR599k), Italy (MYR393k), Singapore (MYR68.8k), and Germany (MYR23.8k).

Growth In August 2024, the increase in Photo Lab Equipment's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the increase in Photo Lab Equipment's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR228k(200%)
IMPORT GROWTH (August 2023 - August 2024)MYR593k(40.9%)
MAIN DESTINATION (August 2024)South KoreaMYR119k

This section shows Photo Lab Equipment'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 Photo Lab Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$662M
IMPORTS (2022)$49.8M
NET TRADE (2022)$612M

In 2022, Malaysia exported $662M in Photo Lab Equipment. The main destinations of Malaysia exports on Photo Lab Equipment were Chinese Taipei ($658M), Philippines ($3.34M), Netherlands ($161k), Singapore ($96k), and Bangladesh ($50.4k).

In 2022, Malaysia imported $49.8M in Photo Lab Equipment, mainly from Chinese Taipei ($40.1M), China ($3.25M), Germany ($2.27M), South Korea ($2.09M), and United States ($797k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Photo Lab Equipment EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Chinese Taipei$595M (947%)
Philippines$1.42M (73.7%)
Bangladesh$27.4k (119%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photo Lab Equipment BY Malaysia WERE (2021 - 2022):
Singapore-$204M (-100%)
United States-$174M (-100%)
South Korea-$90.7M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Photo Lab Equipment were:
Netherlands $7.53B
Singapore $2.56B
Chinese Taipei $2.26B
In 2022, Malaysia's main importing competitors in Photo Lab Equipment were:
Chinese Taipei $14.6B
China $819M
Singapore $559M

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Trade Value of Photo Lab Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $48.6k
TOP IMPORT POTENTIALChina+ $627k

Photo Lab Equipment’s highest export potential is China. With an export gap of $48.6k.   Photo Lab Equipment’s highest import potential is China with an import gap of $627k.

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