2022
Exports
$524MWorld Rnk 41 / 210
Flag Rnk 95 / 1198
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$2.34BWorld Rnk 46 / 224
Flag Rnk 16 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $524M in Cars, making it the 41st largest exporter of Cars in the world. At the same year, Cars was the 95th most exported product in Malaysia. The main destination of Cars exports from Malaysia are: Thailand ($240M), Vietnam ($80.4M), Philippines ($56.6M), Pakistan ($35.4M), and Indonesia ($26.6M).

The fastest growing export markets for Cars of Malaysia between 2021 and 2022 were Vietnam ($40.1M), Philippines ($30.1M), and Thailand ($27.9M).

Imports In 2022, Malaysia imported $2.34B in Cars, becoming the 46th largest importer of Cars in the world. At the same year, Cars was the 16th most imported product in Malaysia. Malaysia imports Cars primarily from: Japan ($1.1B), China ($596M), United Kingdom ($253M), Germany ($142M), and Thailand ($52.5M).

The fastest growing import markets in Cars for Malaysia between 2021 and 2022 were Japan ($446M), China ($297M), and Germany ($68.6M).

COMPANIES In 2023, leading companies such as Motorola (3), Bridgestone Tires (1), and Apex Product Group (1) were at the forefront of shipping Cars from Malaysia to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR-19.6M(-11.7%)
IMPORT GROWTH (August 2023 - August 2024)MYR200M(32.6%)
MAIN DESTINATION (August 2024)ThailandMYR78.8M

This section shows Cars'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 Cars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$524M
IMPORTS (2022)$2.34B
NET TRADE (2022)-$1.81B

In 2022, Malaysia exported $524M in Cars. The main destinations of Malaysia exports on Cars were Thailand ($240M), Vietnam ($80.4M), Philippines ($56.6M), Pakistan ($35.4M), and Indonesia ($26.6M).

In 2022, Malaysia imported $2.34B in Cars, mainly from Japan ($1.1B), China ($596M), United Kingdom ($253M), Germany ($142M), and Thailand ($52.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Vietnam$40.1M (99.4%)
Philippines$30.1M (114%)
Thailand$27.9M (13.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Malaysia WERE (2021 - 2022):
United Arab Emirates-$2.82M (-80.9%)
Brunei-$1.31M (-15.4%)
Egypt-$1.12M (-24.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Cars were:
In 2022, Malaysia's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $23.4M
TOP IMPORT POTENTIALChina+ $208M

Cars’s highest export potential is Indonesia. With an export gap of $23.4M.   Cars’s highest import potential is China with an import gap of $208M.

See methodology.

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