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2022
Exports $4.37MWorld Rnk 38 / 154
Flag Rnk 764 / 1198
2022
Destination $2.6M Singapore
2021 - 2022
FASTEST GROWING MARKET $2.6MSingapore
2022
PRODUCT COMPLEXITY IN Binoculars and Telescopes0.32Rnk 438 / 1025
2022
Imports $7.34MWorld Rnk 48 / 209
Flag Rnk 884 / 1203
2022
Origin $2.07M United States
2021 - 2022
FASTEST GROWING ORIGIN $2.07MFrance
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $4.37M in Binoculars and Telescopes, making it the 38th largest exporter of Binoculars and Telescopes in the world. At the same year, Binoculars and Telescopes was the 764th most exported product in Malaysia. The main destination of Binoculars and Telescopes exports from Malaysia are: Singapore ($4.03M), Hong Kong ($117k), Thailand ($60.4k), New Zealand ($51.6k), and Philippines ($34.7k).

The fastest growing export markets for Binoculars and Telescopes of Malaysia between 2021 and 2022 were Singapore ($2.6M), Hong Kong ($116k), and New Zealand ($50.8k).

Imports In 2022, Malaysia imported $7.34M in Binoculars and Telescopes, becoming the 48th largest importer of Binoculars and Telescopes in the world. At the same year, Binoculars and Telescopes was the 884th most imported product in Malaysia. Malaysia imports Binoculars and Telescopes primarily from: United States ($2.37M), France ($2.3M), China ($1.31M), Singapore ($433k), and Spain ($175k).

The fastest growing import markets in Binoculars and Telescopes for Malaysia between 2021 and 2022 were France ($2.07M), United States ($1.48M), and China ($287k).

Latest Trends

September 2024

About

Overview In September 2024 Malaysia's Binoculars and Telescopes exports accounted up to MYR504k and imports accounted up to MYR1.1M, resulting in a negative trade balance of MYR601k. Between September 2023 and September 2024 the exports of Malaysia's   Binoculars and Telescopes have decreased by MYR-134k (-21%) from MYR638k to MYR504k, while imports increased by MYR738k (201%) from MYR367k to MYR1.1M.

Destinations In September 2024, Binoculars and Telescopes were exported mostly to United States (MYR333k), Canada (MYR157k), Austria (MYR4.28k), Singapore (MYR4.08k), and Japan (MYR2.25k), and were imported mostly from United States (MYR589k), China (MYR93.6k), Ireland (MYR84k), Germany (MYR76.3k), and Chinese Taipei (MYR73.4k).

Growth In September 2024, the decrease in Binoculars and Telescopes's year-by-year exports was explained primarily by a decrease in exports to . In September 2024, the increase in Binoculars and Telescopes's year-by-year imports was explained primarily by an increase in imports from China (MYR334k or 62.9%), Germany (MYR28.4k or 98.3%), and United States (MYR14.7k or 44.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR-134k(-21%)
IMPORT GROWTH (September 2023 - September 2024)MYR738k(201%)
MAIN DESTINATION (September 2024)United StatesMYR333k

This section shows Binoculars and Telescopes'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 Binoculars and Telescopes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.37M
IMPORTS (2022)$7.34M
NET TRADE (2022)-$2.96M

In 2022, Malaysia exported $4.37M in Binoculars and Telescopes. The main destinations of Malaysia exports on Binoculars and Telescopes were Singapore ($4.03M), Hong Kong ($117k), Thailand ($60.4k), New Zealand ($51.6k), and Philippines ($34.7k).

In 2022, Malaysia imported $7.34M in Binoculars and Telescopes, mainly from United States ($2.37M), France ($2.3M), China ($1.31M), Singapore ($433k), and Spain ($175k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Binoculars and Telescopes EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$2.6M (182%)
Hong Kong$116k (7.98k%)
New Zealand$50.8k (6.03k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Binoculars and Telescopes BY Malaysia WERE (2021 - 2022):
Thailand-$3.41M (-98.3%)
Austria-$484k (-100%)
Chinese Taipei-$16k (-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 Binoculars and Telescopes were:
China $730M
United States $256M
Germany $138M
In 2022, Malaysia's main importing competitors in Binoculars and Telescopes were:
United States $485M
Germany $175M
Australia $96.4M

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Trade Value of Binoculars and Telescopes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $112k
TOP IMPORT POTENTIALChina+ $983k

Binoculars and Telescopes’s highest export potential is United States. With an export gap of $112k.   Binoculars and Telescopes’s highest import potential is China with an import gap of $983k.

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