2022
Exports
$9.75MWorld Rnk 11 / 153
Flag Rnk 646 / 1198
2022
PRODUCT COMPLEXITY IN Pianos
0.9Rnk 205 / 1025
2022
Imports
$17MWorld Rnk 14 / 191
Flag Rnk 745 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $9.75M in Pianos, making it the 11th largest exporter of Pianos in the world. At the same year, Pianos was the 646th most exported product in Malaysia. The main destination of Pianos exports from Malaysia are: United Arab Emirates ($3.17M), Mexico ($1.37M), Singapore ($704k), India ($665k), and Panama ($644k).

The fastest growing export markets for Pianos of Malaysia between 2021 and 2022 were United Arab Emirates ($607k), Mexico ($421k), and Philippines ($211k).

Imports In 2022, Malaysia imported $17M in Pianos, becoming the 14th largest importer of Pianos in the world. At the same year, Pianos was the 745th most imported product in Malaysia. Malaysia imports Pianos primarily from: Indonesia ($12.1M), Japan ($2.78M), China ($1.54M), United States ($233k), and Singapore ($76k).

The fastest growing import markets in Pianos for Malaysia between 2021 and 2022 were Indonesia ($3.53M), Japan ($642k), and United States ($198k).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)MYR-197k(-4.88%)
IMPORT GROWTH (October 2023 - October 2024)MYR-1.51M(-24.2%)
MAIN DESTINATION (October 2024)United Arab EmiratesMYR1.12M

This section shows Pianos'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 Pianos over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.75M
IMPORTS (2022)$17M
NET TRADE (2022)-$7.21M

In 2022, Malaysia exported $9.75M in Pianos. The main destinations of Malaysia exports on Pianos were United Arab Emirates ($3.17M), Mexico ($1.37M), Singapore ($704k), India ($665k), and Panama ($644k).

In 2022, Malaysia imported $17M in Pianos, mainly from Indonesia ($12.1M), Japan ($2.78M), China ($1.54M), United States ($233k), and Singapore ($76k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pianos EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Mexico$421k (44.5%)
Philippines$211k (97.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pianos BY Malaysia WERE (2021 - 2022):
Russia-$1.25M (-97.6%)
Singapore-$402k (-36.4%)
Brazil-$282k (-43%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Pianos were:
In 2022, Malaysia's main importing competitors in Pianos were:

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Trade Value of Pianos by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $220k
TOP IMPORT POTENTIALChina+ $448k

Pianos’s highest export potential is United States. With an export gap of $220k.   Pianos’s highest import potential is China with an import gap of $448k.

See methodology.

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