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2022
Exports $136MWorld Rnk 12 / 108
Flag Rnk 240 / 1198
2022
Destination $16.4M Italy
2021 - 2022
FASTEST GROWING MARKET $16.4MItaly
2022
PRODUCT COMPLEXITY IN Glass Working Machines1.35Rnk 82 / 1025
2022
Imports $480MWorld Rnk 5 / 182
Flag Rnk 114 / 1203
2022
Origin $22.8M Japan
2021 - 2022
FASTEST GROWING ORIGIN $22.8MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $136M in Glass Working Machines, making it the 12th largest exporter of Glass Working Machines in the world. At the same year, Glass Working Machines was the 240th most exported product in Malaysia. The main destination of Glass Working Machines exports from Malaysia are: Italy ($16.7M), Colombia ($14.3M), Australia ($14M), South Africa ($13.4M), and Turkey ($10.3M).

The fastest growing export markets for Glass Working Machines of Malaysia between 2021 and 2022 were Italy ($16.4M), Colombia ($14.2M), and South Africa ($12.6M).

Imports In 2022, Malaysia imported $480M in Glass Working Machines, becoming the 5th largest importer of Glass Working Machines in the world. At the same year, Glass Working Machines was the 114th most imported product in Malaysia. Malaysia imports Glass Working Machines primarily from: Japan ($387M), China ($53.1M), Sweden ($22.8M), United States ($8.85M), and Singapore ($2.1M).

The fastest growing import markets in Glass Working Machines for Malaysia between 2021 and 2022 were China ($22.8M), United States ($2.88M), and Sweden ($1.81M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Glass Working Machines exports accounted up to MYR57M and imports accounted up to MYR113M, resulting in a negative trade balance of MYR56.3M. Between June 2023 and June 2024 the exports of Malaysia's   Glass Working Machines have increased by MYR29.6M (108%) from MYR27.4M to MYR57M, while imports increased by MYR87.1M (333%) from MYR26.2M to MYR113M.

Destinations In June 2024, Glass Working Machines were exported mostly to India (MYR28M), Hungary (MYR16.2M), Saudi Arabia (MYR2.81M), Germany (MYR2.45M), and Singapore (MYR2.44M), and were imported mostly from Japan (MYR91.8M), China (MYR11.2M), Sweden (MYR5.79M), Singapore (MYR2M), and United States (MYR1.12M).

Growth In June 2024, the increase in Glass Working Machines's year-by-year exports was explained primarily by an increase in exports to Luxembourg (MYR695k or 75.1%), United States (MYR412k or 86.6%), and Italy (MYR268k or 112%). In June 2024, the increase in Glass Working Machines's year-by-year imports was explained primarily by an increase in imports from United States (MYR1.16M or 44.2%), Germany (MYR334k or 217%), and Sweden (MYR318k or 5.39%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR29.6M(108%)
IMPORT GROWTH (June 2023 - June 2024)MYR87.1M(333%)
MAIN DESTINATION (June 2024)IndiaMYR28M

This section shows Glass Working Machines'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 Glass Working Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$136M
IMPORTS (2022)$480M
NET TRADE (2022)-$344M

In 2022, Malaysia exported $136M in Glass Working Machines. The main destinations of Malaysia exports on Glass Working Machines were Italy ($16.7M), Colombia ($14.3M), Australia ($14M), South Africa ($13.4M), and Turkey ($10.3M).

In 2022, Malaysia imported $480M in Glass Working Machines, mainly from Japan ($387M), China ($53.1M), Sweden ($22.8M), United States ($8.85M), and Singapore ($2.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Working Machines EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Italy$16.4M (4.53k%)
Colombia$14.2M (61.3k%)
South Africa$12.6M (1.73k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Working Machines BY Malaysia WERE (2021 - 2022):
Poland-$10.2M (-82.8%)
Bulgaria-$7.82M (-100%)
Brazil-$5.29M (-78.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Glass Working Machines were:
Singapore $1.21B
Germany $879M
Japan $691M
In 2022, Malaysia's main importing competitors in Glass Working Machines were:
United States $788M
Belgium $687M
Chinese Taipei $567M

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Trade Value of Glass Working Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $4.04M
TOP IMPORT POTENTIALSingapore+ $3.06M

Glass Working Machines’s highest export potential is Singapore. With an export gap of $4.04M.   Glass Working Machines’s highest import potential is Singapore with an import gap of $3.06M.

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