2023
Exports
$25.4MWorld Rnk 22 / 143
Flag Rnk 462 / 1208
2023
PRODUCT COMPLEXITY IN Traffic Signals
1.04Rnk 165 / 1025
2023
Imports
$18.5MWorld Rnk 39 / 215
Flag Rnk 690 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $25.4M in Traffic Signals, making it the 22nd largest exporter of Traffic Signals in the world. At the same year, Traffic Signals was the 462nd most exported product in Malaysia. The main destination of Traffic Signals exports from Malaysia are: United States ($12.9M), South Korea ($4.3M), India ($3.06M), Canada ($937k), and United Kingdom ($883k).

The fastest growing export markets for Traffic Signals of Malaysia between 2022 and 2023 were United States ($4.49M), India ($2.68M), and South Korea ($718k).

Imports In 2023, Malaysia imported $18.5M in Traffic Signals, becoming the 39th largest importer of Traffic Signals in the world. At the same year, Traffic Signals was the 690th most imported product in Malaysia. Malaysia imports Traffic Signals primarily from: China ($5.73M), Singapore ($3.38M), Bulgaria ($1.84M), United States ($805k), and Chinese Taipei ($702k).

The fastest growing import markets in Traffic Signals for Malaysia between 2022 and 2023 were Singapore ($2.62M), Switzerland ($575k), and Italy ($474k).

COMPANIES In 2023, leading companies such as Motorola (1) were at the forefront of shipping Traffic Signals from Malaysia to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-995k(-15.5%)
IMPORT GROWTH (November 2023 - November 2024)MYR3.61M(54.9%)
MAIN DESTINATION (November 2024)United StatesMYR3.68M

This section shows Traffic Signals'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 Traffic Signals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$25.4M
IMPORTS (2023)$18.5M
NET TRADE (2023)$6.9M

In 2023, Malaysia exported $25.4M in Traffic Signals. The main destinations of Malaysia exports on Traffic Signals were United States ($12.9M), South Korea ($4.3M), India ($3.06M), Canada ($937k), and United Kingdom ($883k).

In 2023, Malaysia imported $18.5M in Traffic Signals, mainly from China ($5.73M), Singapore ($3.38M), Bulgaria ($1.84M), United States ($805k), and Chinese Taipei ($702k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Traffic Signals EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
United States$4.49M (53.3%)
India$2.68M (704%)
South Korea$718k (20.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Traffic Signals BY Malaysia WERE (2022 - 2023):
Netherlands-$4.11M (-95.8%)
United Kingdom-$1.3M (-59.5%)
Philippines-$913k (-65.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Traffic Signals were:
In 2023, Malaysia's main importing competitors in Traffic Signals were:

Explore Visualizations

Trade Value of Traffic Signals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $556k
TOP IMPORT POTENTIALChina+ $1.51M

Traffic Signals’s highest export potential is Singapore. With an export gap of $556k.   Traffic Signals’s highest import potential is China with an import gap of $1.51M.

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