Electric Motor Parts in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $46.6M in Electric Motor Parts, making it the 39th largest exporter of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 383rd most exported product in Malaysia. The main destination of Electric Motor Parts exports from Malaysia are: United States ($11.3M), Thailand ($7.33M), Singapore ($5.25M), Vietnam ($3.61M), and Germany ($2.14M).

The fastest growing export markets for Electric Motor Parts of Malaysia between 2021 and 2022 were Thailand ($3.23M), United States ($2.84M), and Singapore ($2.11M).

Imports In 2022, Malaysia imported $174M in Electric Motor Parts, becoming the 33rd largest importer of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 254th most imported product in Malaysia. Malaysia imports Electric Motor Parts primarily from: China ($99.3M), Netherlands ($17.7M), Singapore ($11.2M), Poland ($10.6M), and Indonesia ($6.73M).

The fastest growing import markets in Electric Motor Parts for Malaysia between 2021 and 2022 were China ($18.1M), Netherlands ($17.5M), and Poland ($10.5M).

Latest Trends

September 2020

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Overview In September 2020 Malaysia's Electric Motor Parts exports accounted up to MYR6.84M and imports accounted up to MYR16.4M, resulting in a negative trade balance of MYR9.55M. Between September 2019 and September 2020 the exports of Malaysia's Electric Motor Parts have decreased by MYR-7.43M (-52.1%) from MYR14.3M to MYR6.84M, while imports increased by MYR135k (0.83%) from MYR16.2M to MYR16.4M.

Destinations In September 2020, Electric Motor Parts were exported mostly to Japan (MYR1.83M), China (MYR1.05M), Vietnam (MYR1.05M), Italy (MYR911k), and Cambodia (MYR492k), and were imported mostly from China (MYR8.78M), Japan (MYR2.4M), United States (MYR1.71M), Germany (MYR916k), and Singapore (MYR621k).

Growth In September 2020, the decrease in Electric Motor Parts's year-by-year exports was explained primarily by a decrease in exports to Japan (MYR-3.32M or -51.7%), Singapore (MYR-1.52M or -81.8%), and Philippines (MYR-409k or -90.8%). In September 2020, the increase in Electric Motor Parts's year-by-year imports was explained primarily by an increase in imports from China (MYR2.55M or 41.2%), India (MYR1.68M or 493%), and Netherlands (MYR712k or 1.02k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-7.43M(-52.1%)

IMPORT GROWTH (September 2019 - September 2020)MYR135k(0.83%)

MAIN DESTINATION (September 2020)JapanMYR1.83M

This section shows Electric Motor 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 Electric Motor Parts over time.

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