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2022
Exports $40.5MWorld Rnk 6 / 113
Flag Rnk 407 / 1198
2022
Destination $471k Japan
2021 - 2022
FASTEST GROWING MARKET $471kHong Kong
2022
PRODUCT COMPLEXITY IN Watch Cases and Parts0.59Rnk 324 / 1025
2022
Imports $15.3MWorld Rnk 14 / 171
Flag Rnk 763 / 1203
2022
Origin $3.56M Singapore
2021 - 2022
FASTEST GROWING ORIGIN $3.56MSingapore
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $40.5M in Watch Cases and Parts, making it the 6th largest exporter of Watch Cases and Parts in the world. At the same year, Watch Cases and Parts was the 407th most exported product in Malaysia. The main destination of Watch Cases and Parts exports from Malaysia are: Japan ($28.2M), Singapore ($8.46M), Hong Kong ($1.87M), China ($1.82M), and Thailand ($53.8k).

The fastest growing export markets for Watch Cases and Parts of Malaysia between 2021 and 2022 were Hong Kong ($471k), China ($288k), and Singapore ($97.9k).

Imports In 2022, Malaysia imported $15.3M in Watch Cases and Parts, becoming the 14th largest importer of Watch Cases and Parts in the world. At the same year, Watch Cases and Parts was the 763rd most imported product in Malaysia. Malaysia imports Watch Cases and Parts primarily from: Singapore ($8.64M), China ($3.12M), Hong Kong ($1.78M), Japan ($1.31M), and Switzerland ($176k).

The fastest growing import markets in Watch Cases and Parts for Malaysia between 2021 and 2022 were Singapore ($3.56M), China ($1.51M), and Japan ($868k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Watch Cases and Parts exports accounted up to MYR8.1M and imports accounted up to MYR6.79M, resulting in a positive trade balance of MYR1.32M. Between June 2023 and June 2024 the exports of Malaysia's   Watch Cases and Parts have decreased by MYR-196k (-2.36%) from MYR8.3M to MYR8.1M, while imports increased by MYR2.99M (78.6%) from MYR3.8M to MYR6.79M.

Destinations In June 2024, Watch Cases and Parts were exported mostly to Japan (MYR5.26M), Singapore (MYR2.56M), Hong Kong (MYR273k), China (MYR3.01k), and Mexico (MYR2.14k), and were imported mostly from Singapore (MYR4.65M), Hong Kong (MYR1.16M), China (MYR637k), Switzerland (MYR317k), and Japan (MYR9.35k).

Growth In June 2024, the decrease in Watch Cases and Parts's year-by-year exports was explained primarily by a decrease in exports to Japan (MYR-2.33M or -28.1%), Singapore (MYR-1.39M or -42.8%), and Hong Kong (MYR-266k or -73.5%). In June 2024, the increase in Watch Cases and Parts's year-by-year imports was explained primarily by an increase in imports from China (MYR1.09M or 295%), Japan (MYR211k or 1.13k%), and Switzerland (MYR56.1k or 162%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-196k(-2.36%)
IMPORT GROWTH (June 2023 - June 2024)MYR2.99M(78.6%)
MAIN DESTINATION (June 2024)JapanMYR5.26M

This section shows Watch Cases and Parts'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 Watch Cases and Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$40.5M
IMPORTS (2022)$15.3M
NET TRADE (2022)$25.2M

In 2022, Malaysia exported $40.5M in Watch Cases and Parts. The main destinations of Malaysia exports on Watch Cases and Parts were Japan ($28.2M), Singapore ($8.46M), Hong Kong ($1.87M), China ($1.82M), and Thailand ($53.8k).

In 2022, Malaysia imported $15.3M in Watch Cases and Parts, mainly from Singapore ($8.64M), China ($3.12M), Hong Kong ($1.78M), Japan ($1.31M), and Switzerland ($176k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Cases and Parts EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Hong Kong$471k (33.6%)
China$288k (18.8%)
Singapore$97.9k (1.17%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Cases and Parts BY Malaysia WERE (2021 - 2022):
Japan-$1.81M (-6.05%)
Philippines-$97.1k (-66.6%)
Macau-$1.21k (-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 Watch Cases and Parts were:
China $709M
Switzerland $150M
Hong Kong $118M
In 2022, Malaysia's main importing competitors in Watch Cases and Parts were:
Switzerland $390M
Hong Kong $278M
China $88.1M

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Trade Value of Watch Cases and Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $845k
TOP IMPORT POTENTIALChina+ $1.06M

Watch Cases and Parts’s highest export potential is Hong Kong. With an export gap of $845k.   Watch Cases and Parts’s highest import potential is China with an import gap of $1.06M.

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