2022
Exports
$77.3MWorld Rnk 23 / 201
Flag Rnk 309 / 1198
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.96Rnk 7 / 1025
2022
Imports
$143MWorld Rnk 26 / 220
Flag Rnk 284 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $77.3M in Electric Soldering Equipment, making it the 23rd largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 309th most exported product in Malaysia. The main destination of Electric Soldering Equipment exports from Malaysia are: China ($15.2M), Thailand ($11M), Germany ($10.2M), Hong Kong ($5.61M), and United States ($5.5M).

The fastest growing export markets for Electric Soldering Equipment of Malaysia between 2021 and 2022 were China ($6.36M), Australia ($2.33M), and Thailand ($2.08M).

Imports In 2022, Malaysia imported $143M in Electric Soldering Equipment, becoming the 26th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 284th most imported product in Malaysia. Malaysia imports Electric Soldering Equipment primarily from: China ($59.6M), Japan ($21.4M), Germany ($14.5M), United States ($9.62M), and Singapore ($8.96M).

The fastest growing import markets in Electric Soldering Equipment for Malaysia between 2021 and 2022 were China ($5.54M), Thailand ($4.13M), and Germany ($3.93M).

COMPANIES In 2023, leading companies such as Xerox (19) were at the forefront of shipping Electric Soldering Equipment from Malaysia to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)MYR-31.1M(-52.8%)
IMPORT GROWTH (October 2023 - October 2024)MYR37.4M(82.7%)
MAIN DESTINATION (October 2024)GermanyMYR6.12M

This section shows Electric Soldering Equipment'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 Soldering Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$77.3M
IMPORTS (2022)$143M
NET TRADE (2022)-$65.4M

In 2022, Malaysia exported $77.3M in Electric Soldering Equipment. The main destinations of Malaysia exports on Electric Soldering Equipment were China ($15.2M), Thailand ($11M), Germany ($10.2M), Hong Kong ($5.61M), and United States ($5.5M).

In 2022, Malaysia imported $143M in Electric Soldering Equipment, mainly from China ($59.6M), Japan ($21.4M), Germany ($14.5M), United States ($9.62M), and Singapore ($8.96M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$6.36M (72.2%)
Australia$2.33M (427%)
Thailand$2.08M (23.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Malaysia WERE (2021 - 2022):
United States-$2.95M (-34.9%)
Singapore-$1.53M (-26%)
Canada-$625k (-77.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.48M
TOP IMPORT POTENTIALChina+ $8.14M

Electric Soldering Equipment’s highest export potential is China. With an export gap of $6.48M.   Electric Soldering Equipment’s highest import potential is China with an import gap of $8.14M.

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