2022
Exports
$368MWorld Rnk 16 / 208
Flag Rnk 48 / 96
2022
PRODUCT COMPLEXITY IN Clocks, watches, & parts
1.76Rnk 17 / 1025
2022
Imports
$788MWorld Rnk 15 / 224
Flag Rnk 51 / 96
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $368M in Clocks, watches, & parts, making it the 16th largest exporter of Clocks, watches, & parts in the world. At the same year, Clocks, watches, & parts was the 48th most exported product in Malaysia. The main destination of Clocks, watches, & parts exports from Malaysia are: Singapore ($165M), Japan ($85.8M), Hong Kong ($51.4M), China ($17M), and United States ($14.2M).

The fastest growing export markets for Clocks, watches, & parts of Malaysia between 2021 and 2022 were Singapore ($42.6M), Japan ($8.63M), and Germany ($1.95M).

Imports In 2022, Malaysia imported $788M in Clocks, watches, & parts, becoming the 15th largest importer of Clocks, watches, & parts in the world. At the same year, Clocks, watches, & parts was the 51st most imported product in Malaysia. Malaysia imports Clocks, watches, & parts primarily from: Singapore ($444M), China ($128M), Switzerland ($108M), Hong Kong ($60.4M), and Japan ($14.8M).

The fastest growing import markets in Clocks, watches, & parts for Malaysia between 2021 and 2022 were Singapore ($194M), China ($13.6M), and Hong Kong ($10.7M).

COMPANIES In 2023, leading companies such as Motorola (24), Panasonic (5), and Continental Tire (2) were at the forefront of shipping Clocks, watches, & parts from Malaysia to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-17.5M(-15.8%)
IMPORT GROWTH (June 2023 - June 2024)MYR-23.1M(-9.33%)
MAIN DESTINATION (June 2024)SingaporeMYR53.5M

This section shows Clocks, watches, & 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 Clocks, watches, & parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$368M
IMPORTS (2022)$788M
NET TRADE (2022)-$420M

In 2022, Malaysia exported $368M in Clocks, watches, & parts. The main destinations of Malaysia exports on Clocks, watches, & parts were Singapore ($165M), Japan ($85.8M), Hong Kong ($51.4M), China ($17M), and United States ($14.2M).

In 2022, Malaysia imported $788M in Clocks, watches, & parts, mainly from Singapore ($444M), China ($128M), Switzerland ($108M), Hong Kong ($60.4M), and Japan ($14.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Clocks, watches, & parts EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$42.6M (34.9%)
Japan$8.63M (11.2%)
Germany$1.95M (64%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Clocks, watches, & parts BY Malaysia WERE (2021 - 2022):
Hong Kong-$31.6M (-38.1%)
China-$14.1M (-45.3%)
United Kingdom-$6.11M (-74.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Clocks, watches, & parts were:
In 2022, Malaysia's main importing competitors in Clocks, watches, & parts were:

Explore Visualizations

Trade Value of Clocks, watches, & parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.8M
TOP IMPORT POTENTIALChina+ $17.4M

Clocks, watches, & parts’s highest export potential is United States. With an export gap of $10.8M.   Clocks, watches, & parts’s highest import potential is China with an import gap of $17.4M.

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