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2022
Exports $54.7MWorld Rnk 6 / 133
Flag Rnk 358 / 1198
2022
Destination $17.6M China
2021 - 2022
FASTEST GROWING MARKET $17.6MChina
2022
PRODUCT COMPLEXITY IN Audio and Video Recording Accessories0.98Rnk 178 / 1025
2022
Imports $55.3MWorld Rnk 8 / 199
Flag Rnk 493 / 1203
2022
Origin $3.48M China
2021 - 2022
FASTEST GROWING ORIGIN $3.48MThailand
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $54.7M in Audio and Video Recording Accessories, making it the 6th largest exporter of Audio and Video Recording Accessories in the world. At the same year, Audio and Video Recording Accessories was the 358th most exported product in Malaysia. The main destination of Audio and Video Recording Accessories exports from Malaysia are: China ($22.5M), Hong Kong ($10M), United States ($4.07M), Singapore ($3.82M), and Mexico ($3.67M).

The fastest growing export markets for Audio and Video Recording Accessories of Malaysia between 2021 and 2022 were China ($17.6M), Mexico ($3.54M), and Brazil ($556k).

Imports In 2022, Malaysia imported $55.3M in Audio and Video Recording Accessories, becoming the 8th largest importer of Audio and Video Recording Accessories in the world. At the same year, Audio and Video Recording Accessories was the 493rd most imported product in Malaysia. Malaysia imports Audio and Video Recording Accessories primarily from: China ($20.6M), Thailand ($19.6M), Singapore ($9.12M), Japan ($1.88M), and Hong Kong ($1.02M).

The fastest growing import markets in Audio and Video Recording Accessories for Malaysia between 2021 and 2022 were Thailand ($3.48M), Mexico ($507k), and Chinese Taipei ($162k).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Audio and Video Recording Accessories exports accounted up to MYR2.7M and imports accounted up to MYR24M, resulting in a negative trade balance of MYR21.3M. Between August 2023 and August 2024 the exports of Malaysia's   Audio and Video Recording Accessories have decreased by MYR-11.6M (-81.1%) from MYR14.3M to MYR2.7M, while imports decreased by MYR-17.2M (-41.7%) from MYR41.2M to MYR24M.

Destinations In August 2024, Audio and Video Recording Accessories were exported mostly to Germany (MYR754k), Thailand (MYR458k), United States (MYR363k), Singapore (MYR324k), and China (MYR241k), and were imported mostly from China (MYR16.8M), Singapore (MYR3.12M), Thailand (MYR2.05M), Japan (MYR588k), and Portugal (MYR451k).

Growth In August 2024, the decrease in Audio and Video Recording Accessories's year-by-year exports was explained primarily by a decrease in exports to Hong Kong (MYR-8.86M or -99.6%), Portugal (MYR-1.82M or -95.5%), and United States (MYR-1.08M or -60.9%). In August 2024, the decrease in Audio and Video Recording Accessories's year-by-year imports was explained primarily by a decrease in imports from Thailand (MYR-2.43M or -26.2%), Singapore (MYR-920k or -53.7%), and Philippines (MYR-384k or -98.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR-11.6M(-81.1%)
IMPORT GROWTH (August 2023 - August 2024)MYR-17.2M(-41.7%)
MAIN DESTINATION (August 2024)GermanyMYR754k

This section shows Audio and Video Recording Accessories'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 Audio and Video Recording Accessories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$54.7M
IMPORTS (2022)$55.3M
NET TRADE (2022)-$604k

In 2022, Malaysia exported $54.7M in Audio and Video Recording Accessories. The main destinations of Malaysia exports on Audio and Video Recording Accessories were China ($22.5M), Hong Kong ($10M), United States ($4.07M), Singapore ($3.82M), and Mexico ($3.67M).

In 2022, Malaysia imported $55.3M in Audio and Video Recording Accessories, mainly from China ($20.6M), Thailand ($19.6M), Singapore ($9.12M), Japan ($1.88M), and Hong Kong ($1.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Audio and Video Recording Accessories EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$17.6M (358%)
Mexico$3.54M (2.73k%)
Brazil$556k (43.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Audio and Video Recording Accessories BY Malaysia WERE (2021 - 2022):
Hong Kong-$18.5M (-64.8%)
United States-$4.02M (-49.7%)
Thailand-$3.43M (-74.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Audio and Video Recording Accessories were:
China $680M
United States $210M
Indonesia $168M
In 2022, Malaysia's main importing competitors in Audio and Video Recording Accessories were:
Hong Kong $297M
Singapore $191M
China $153M

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Trade Value of Audio and Video Recording Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $2.69M
TOP IMPORT POTENTIALIndonesia+ $1.58M

Audio and Video Recording Accessories’s highest export potential is Singapore. With an export gap of $2.69M.   Audio and Video Recording Accessories’s highest import potential is Indonesia with an import gap of $1.58M.

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