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2023
Exports $128MWorld Rnk 1 / 89
Flag Rnk 239 / 1208
2023
Destination $11.5M Singapore
2022 - 2023
FASTEST GROWING MARKET $11.5MSingapore
2023
Imports $17.6MWorld Rnk 5 / 152
Flag Rnk 705 / 1211
2023
Origin $151k Singapore
2022 - 2023
FASTEST GROWING ORIGIN $151kChina
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $128M in Incomplete Movement Sets, making it the 1st largest exporter of Incomplete Movement Sets in the world. At the same year, Incomplete Movement Sets was the 239th most exported product in Malaysia. The main destination of Incomplete Movement Sets exports from Malaysia are: Singapore ($77.6M), Hong Kong ($33.9M), Japan ($16.4M), Thailand ($95.6k), and China ($29.9k).

The fastest growing export markets for Incomplete Movement Sets of Malaysia between 2022 and 2023 were Singapore ($11.5M), Hong Kong ($10.9M), and Brazil ($27.2k).

Imports In 2023, Malaysia imported $17.6M in Incomplete Movement Sets, becoming the 5th largest importer of Incomplete Movement Sets in the world. At the same year, Incomplete Movement Sets was the 705th most imported product in Malaysia. Malaysia imports Incomplete Movement Sets primarily from: Singapore ($15.7M), China ($859k), Japan ($744k), Thailand ($153k), and Switzerland ($71.6k).

The fastest growing import markets in Incomplete Movement Sets for Malaysia between 2022 and 2023 were China ($151k), United Arab Emirates ($28.6k), and Switzerland ($21.7k).

Latest Trends

December 2024

About

Overview In December 2024 Malaysia's Incomplete Movement Sets exports accounted up to MYR13M and imports accounted up to MYR6.08M, resulting in a positive trade balance of MYR6.95M. Between December 2023 and December 2024 the exports of Malaysia's   Incomplete Movement Sets have increased by MYR22.4k (0.17%) from MYR13M to MYR13M, while imports decreased by MYR-912k (-13%) from MYR6.99M to MYR6.08M.

Destinations In December 2024, Incomplete Movement Sets were exported mostly to Japan (MYR7.77M), Singapore (MYR4.56M), Thailand (MYR675k), Hong Kong (MYR21k), and Brunei (MYR2.49k), and were imported mostly from Singapore (MYR5.71M), China (MYR221k), Thailand (MYR119k), Japan (MYR21.9k), and Hong Kong (MYR6.04k).

Growth In December 2024, the increase in Incomplete Movement Sets's year-by-year exports was explained primarily by an increase in exports to Singapore (MYR1.92M or 74.3%) and Thailand (MYR896k or 967%). In December 2024, the decrease in Incomplete Movement Sets's year-by-year imports was explained primarily by a decrease in imports from Japan (MYR-361k or -91.3%), China (MYR-306k or -87.4%), and Hong Kong (MYR-35.4k or -49.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)MYR22.4k(0.17%)
IMPORT GROWTH (December 2023 - December 2024)MYR-912k(-13%)
MAIN DESTINATION (December 2024)JapanMYR7.77M

This section shows Incomplete Movement Sets'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 Incomplete Movement Sets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$128M
IMPORTS (2023)$17.6M
NET TRADE (2023)$111M

In 2023, Malaysia exported $128M in Incomplete Movement Sets. The main destinations of Malaysia exports on Incomplete Movement Sets were Singapore ($77.6M), Hong Kong ($33.9M), Japan ($16.4M), Thailand ($95.6k), and China ($29.9k).

In 2023, Malaysia imported $17.6M in Incomplete Movement Sets, mainly from Singapore ($15.7M), China ($859k), Japan ($744k), Thailand ($153k), and Switzerland ($71.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Incomplete Movement Sets EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Singapore$11.5M (17.4%)
Hong Kong$10.9M (47.4%)
Brazil$27.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Incomplete Movement Sets BY Malaysia WERE (2022 - 2023):
Japan-$9.76M (-37.2%)
Thailand-$825k (-89.6%)
Macau-$623k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Incomplete Movement Sets were:
Japan $115M
Singapore $73.8M
In 2023, Malaysia's main importing competitors in Incomplete Movement Sets were:
Hong Kong $155M
Japan $90.7M
Singapore $79.3M

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Trade Value of Incomplete Movement Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $560k
TOP IMPORT POTENTIALSingapore+ $283k

Incomplete Movement Sets’s highest export potential is Hong Kong. With an export gap of $560k.   Incomplete Movement Sets’s highest import potential is Singapore with an import gap of $283k.

See methodology.

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