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2023
Exports $421MWorld Rnk 6 / 193
Flag Rnk 109 / 1208
2023
Destination $63.2M China
2022 - 2023
FASTEST GROWING MARKET $63.2MChina
2023
PRODUCT COMPLEXITY IN Electrical Resistors0.83Rnk 235 / 1025
2023
Imports $352MWorld Rnk 10 / 215
Flag Rnk 131 / 1211
2023
Origin $55.4M Singapore
2022 - 2023
FASTEST GROWING ORIGIN $55.4MSingapore
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $421M in Electrical Resistors, making it the 6th largest exporter of Electrical Resistors in the world. At the same year, Electrical Resistors was the 109th most exported product in Malaysia. The main destination of Electrical Resistors exports from Malaysia are: China ($156M), Singapore ($55.3M), United States ($45.6M), Mexico ($40.1M), and Germany ($21.6M).

The fastest growing export markets for Electrical Resistors of Malaysia between 2022 and 2023 were China ($63.2M), Mexico ($2.12M), and South Korea ($1.68M).

Imports In 2023, Malaysia imported $352M in Electrical Resistors, becoming the 10th largest importer of Electrical Resistors in the world. At the same year, Electrical Resistors was the 131st most imported product in Malaysia. Malaysia imports Electrical Resistors primarily from: Singapore ($124M), China ($79.2M), Japan ($33.1M), Chinese Taipei ($26.7M), and United States ($22.5M).

The fastest growing import markets in Electrical Resistors for Malaysia between 2022 and 2023 were Singapore ($55.4M), Hong Kong ($6.5M), and Mexico ($1.17M).

COMPANIES In 2023, leading companies such as Panasonic (12) were at the forefront of shipping Electrical Resistors from Malaysia to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Electrical Resistors exports accounted up to MYR80.4M and imports accounted up to MYR105M, resulting in a negative trade balance of MYR24.5M. Between November 2023 and November 2024 the exports of Malaysia's   Electrical Resistors have increased by MYR4.05M (5.3%) from MYR76.3M to MYR80.4M, while imports decreased by MYR-38.8M (-27%) from MYR144M to MYR105M.

Destinations In November 2024, Electrical Resistors were exported mostly to Singapore (MYR15.1M), China (MYR14.2M), United States (MYR9.67M), Germany (MYR9.41M), and Hong Kong (MYR6.13M), and were imported mostly from Singapore (MYR31.6M), China (MYR31.5M), Japan (MYR15M), United States (MYR7.89M), and Chinese Taipei (MYR7.37M).

Growth In November 2024, the increase in Electrical Resistors's year-by-year exports was explained primarily by an increase in exports to China (MYR4.54M or 31.5%), Brazil (MYR1.88M or 896%), and Tunisia (MYR1.03M or 371%). In November 2024, the decrease in Electrical Resistors's year-by-year imports was explained primarily by a decrease in imports from Hong Kong (MYR-10.3M or -74.4%), Japan (MYR-6.19M or -29.6%), and Singapore (MYR-4.25M or -21.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR4.05M(5.3%)
IMPORT GROWTH (November 2023 - November 2024)MYR-38.8M(-27%)
MAIN DESTINATION (November 2024)SingaporeMYR15.1M

This section shows Electrical Resistors'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 Electrical Resistors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$421M
IMPORTS (2023)$352M
NET TRADE (2023)$69.6M

In 2023, Malaysia exported $421M in Electrical Resistors. The main destinations of Malaysia exports on Electrical Resistors were China ($156M), Singapore ($55.3M), United States ($45.6M), Mexico ($40.1M), and Germany ($21.6M).

In 2023, Malaysia imported $352M in Electrical Resistors, mainly from Singapore ($124M), China ($79.2M), Japan ($33.1M), Chinese Taipei ($26.7M), and United States ($22.5M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Resistors EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
China$63.2M (67.8%)
Mexico$2.12M (5.58%)
South Korea$1.68M (48.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Resistors BY Malaysia WERE (2022 - 2023):
Indonesia-$17.6M (-70.4%)
Singapore-$17.2M (-23.8%)
Hong Kong-$11.6M (-36.7%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Electrical Resistors were:
China $2.63B
Germany $1.31B
Japan $1.31B
In 2023, Malaysia's main importing competitors in Electrical Resistors were:
China $1.39B
Germany $1.07B
Hong Kong $1.04B

Explore Visualizations

Trade Value of Electrical Resistors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $17.3M
TOP IMPORT POTENTIALChina+ $17.4M

Electrical Resistors’s highest export potential is China. With an export gap of $17.3M.   Electrical Resistors’s highest import potential is China with an import gap of $17.4M.

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