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2022
Exports $1.66BWorld Rnk 8 / 198
Flag Rnk 31 / 1198
2022
Destination $65.3M Vietnam
2021 - 2022
FASTEST GROWING MARKET $65.3MVietnam
2022
PRODUCT COMPLEXITY IN Air Conditioners0.55Rnk 346 / 1025
2022
Imports $512MWorld Rnk 35 / 224
Flag Rnk 104 / 1203
2022
Origin $85.7M China
2021 - 2022
FASTEST GROWING ORIGIN $85.7MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1.66B in Air Conditioners, making it the 8th largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 31st most exported product in Malaysia. The main destination of Air Conditioners exports from Malaysia are: Vietnam ($288M), Germany ($160M), United States ($157M), Australia ($99.5M), and Italy ($86.2M).

The fastest growing export markets for Air Conditioners of Malaysia between 2021 and 2022 were Vietnam ($65.3M), Germany ($54.2M), and Philippines ($46.6M).

Imports In 2022, Malaysia imported $512M in Air Conditioners, becoming the 35th largest importer of Air Conditioners in the world. At the same year, Air Conditioners was the 104th most imported product in Malaysia. Malaysia imports Air Conditioners primarily from: China ($328M), Thailand ($84.8M), Netherlands ($27M), South Korea ($13.9M), and Singapore ($11.5M).

The fastest growing import markets in Air Conditioners for Malaysia between 2021 and 2022 were China ($85.7M), Thailand ($14M), and Netherlands ($8.69M).

COMPANIES In 2023, leading companies such as Panasonic (65) and ZF Friedrichshafen (48) were at the forefront of shipping Air Conditioners from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Air Conditioners exports accounted up to MYR516M and imports accounted up to MYR261M, resulting in a positive trade balance of MYR255M. Between June 2023 and June 2024 the exports of Malaysia's   Air Conditioners have increased by MYR108M (26.5%) from MYR407M to MYR516M, while imports increased by MYR51.3M (24.5%) from MYR210M to MYR261M.

Destinations In June 2024, Air Conditioners were exported mostly to Vietnam (MYR99.1M), United States (MYR50.6M), Philippines (MYR45.5M), Italy (MYR34.7M), and Singapore (MYR28.5M), and were imported mostly from China (MYR199M), Thailand (MYR40.6M), Singapore (MYR5.3M), Japan (MYR3.94M), and Indonesia (MYR2.54M).

Growth In June 2024, the increase in Air Conditioners's year-by-year exports was explained primarily by an increase in exports to Vietnam (MYR64.8M or 85.4%), Philippines (MYR13.1M or 109%), and Italy (MYR12.7M or 28.2%). In June 2024, the increase in Air Conditioners's year-by-year imports was explained primarily by an increase in imports from South Korea (MYR4.92M or 668%), Sweden (MYR554k or 82.3%), and Germany (MYR499k or 30.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR108M(26.5%)
IMPORT GROWTH (June 2023 - June 2024)MYR51.3M(24.5%)
MAIN DESTINATION (June 2024)VietnamMYR99.1M

This section shows Air Conditioners'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 Air Conditioners over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.66B
IMPORTS (2022)$512M
NET TRADE (2022)$1.15B

In 2022, Malaysia exported $1.66B in Air Conditioners. The main destinations of Malaysia exports on Air Conditioners were Vietnam ($288M), Germany ($160M), United States ($157M), Australia ($99.5M), and Italy ($86.2M).

In 2022, Malaysia imported $512M in Air Conditioners, mainly from China ($328M), Thailand ($84.8M), Netherlands ($27M), South Korea ($13.9M), and Singapore ($11.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Vietnam$65.3M (29.3%)
Germany$54.2M (51.3%)
Philippines$46.6M (149%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY Malaysia WERE (2021 - 2022):
France-$33.9M (-58.6%)
Italy-$24.5M (-22.1%)
Indonesia-$7.91M (-12%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Air Conditioners were:
China $23.1B
Thailand $7.26B
Mexico $6.1B
In 2022, Malaysia's main importing competitors in Air Conditioners were:
United States $13.1B
Germany $2.75B
Japan $2.71B

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Trade Value of Air Conditioners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $85.1M
TOP IMPORT POTENTIALChina+ $53.8M

Air Conditioners’s highest export potential is United States. With an export gap of $85.1M.   Air Conditioners’s highest import potential is China with an import gap of $53.8M.

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