2023
Exports
$40.5MWorld Rnk 33 / 190
Flag Rnk 387 / 1208
2023
PRODUCT COMPLEXITY IN High-voltage Protection Equipment
0.62Rnk 318 / 1025
2023
Imports
$179MWorld Rnk 15 / 223
Flag Rnk 224 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $40.5M in High-voltage Protection Equipment, making it the 33rd largest exporter of High-voltage Protection Equipment in the world. At the same year, High-voltage Protection Equipment was the 387th most exported product in Malaysia. The main destination of High-voltage Protection Equipment exports from Malaysia are: Singapore ($10.4M), Bangladesh ($8.06M), China ($6.94M), Germany ($3.37M), and United Kingdom ($1.43M).

The fastest growing export markets for High-voltage Protection Equipment of Malaysia between 2022 and 2023 were China ($6.38M), Bangladesh ($3.33M), and Indonesia ($476k).

Imports In 2023, Malaysia imported $179M in High-voltage Protection Equipment, becoming the 15th largest importer of High-voltage Protection Equipment in the world. At the same year, High-voltage Protection Equipment was the 224th most imported product in Malaysia. Malaysia imports High-voltage Protection Equipment primarily from: Singapore ($59.1M), China ($58.4M), Germany ($8.83M), South Korea ($6.85M), and Thailand ($6.42M).

The fastest growing import markets in High-voltage Protection Equipment for Malaysia between 2022 and 2023 were Singapore ($50.7M), Vietnam ($2.29M), and United Arab Emirates ($1.69M).

COMPANIES In 2023, leading companies such as Lollicup (2) were at the forefront of shipping High-voltage Protection Equipment from Malaysia to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-26.2M(-70.4%)
IMPORT GROWTH (November 2023 - November 2024)MYR-23.9M(-29.5%)
MAIN DESTINATION (November 2024)United StatesMYR2.56M

This section shows High-voltage Protection 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 High-voltage Protection Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$40.5M
IMPORTS (2023)$179M
NET TRADE (2023)-$139M

In 2023, Malaysia exported $40.5M in High-voltage Protection Equipment. The main destinations of Malaysia exports on High-voltage Protection Equipment were Singapore ($10.4M), Bangladesh ($8.06M), China ($6.94M), Germany ($3.37M), and United Kingdom ($1.43M).

In 2023, Malaysia imported $179M in High-voltage Protection Equipment, mainly from Singapore ($59.1M), China ($58.4M), Germany ($8.83M), South Korea ($6.85M), and Thailand ($6.42M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING High-voltage Protection Equipment EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
China$6.38M (1.13k%)
Bangladesh$3.33M (70.5%)
Indonesia$476k (50.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF High-voltage Protection Equipment BY Malaysia WERE (2022 - 2023):
Singapore-$2.45M (-19.1%)
Japan-$1.3M (-62%)
Ghana-$884k (-49.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in High-voltage Protection Equipment were:
In 2023, Malaysia's main importing competitors in High-voltage Protection Equipment were:

Explore Visualizations

Trade Value of High-voltage Protection Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.33M
TOP IMPORT POTENTIALGermany+ $2.85M

High-voltage Protection Equipment’s highest export potential is United States. With an export gap of $1.33M.   High-voltage Protection Equipment’s highest import potential is Germany with an import gap of $2.85M.

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