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2022
Exports $11.1MWorld Rnk 31 / 144
Flag Rnk 615 / 1198
2022
Destination $2.99M Vietnam
2021 - 2022
FASTEST GROWING MARKET $2.99MVietnam
2022
PRODUCT COMPLEXITY IN Liquid Fuel Furnaces1.17Rnk 112 / 1025
2022
Imports $23.1MWorld Rnk 28 / 209
Flag Rnk 675 / 1203
2022
Origin $857k China
2021 - 2022
FASTEST GROWING ORIGIN $857kSouth Korea
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $11.1M in Liquid Fuel Furnaces, making it the 31st largest exporter of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 615th most exported product in Malaysia. The main destination of Liquid Fuel Furnaces exports from Malaysia are: Vietnam ($3.03M), Netherlands ($1.84M), India ($1.67M), Germany ($1.03M), and Singapore ($1.02M).

The fastest growing export markets for Liquid Fuel Furnaces of Malaysia between 2021 and 2022 were Vietnam ($2.99M), Thailand ($544k), and South Korea ($402k).

Imports In 2022, Malaysia imported $23.1M in Liquid Fuel Furnaces, becoming the 28th largest importer of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 675th most imported product in Malaysia. Malaysia imports Liquid Fuel Furnaces primarily from: China ($5.8M), Germany ($4.91M), Italy ($1.49M), Singapore ($1.42M), and United States ($1.36M).

The fastest growing import markets in Liquid Fuel Furnaces for Malaysia between 2021 and 2022 were South Korea ($857k), Thailand ($810k), and Austria ($454k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Liquid Fuel Furnaces exports accounted up to MYR4.42M and imports accounted up to MYR8.9M, resulting in a negative trade balance of MYR4.47M. Between June 2023 and June 2024 the exports of Malaysia's   Liquid Fuel Furnaces have decreased by MYR-41.6M (-90.4%) from MYR46M to MYR4.42M, while imports increased by MYR247k (2.85%) from MYR8.65M to MYR8.9M.

Destinations In June 2024, Liquid Fuel Furnaces were exported mostly to Singapore (MYR4.09M), Nepal (MYR214k), France (MYR45.6k), Pakistan (MYR20.4k), and Australia (MYR18.8k), and were imported mostly from China (MYR3.61M), Germany (MYR2.26M), Italy (MYR1.16M), United States (MYR897k), and Japan (MYR288k).

Growth In June 2024, the decrease in Liquid Fuel Furnaces's year-by-year exports was explained primarily by a decrease in exports to Thailand (MYR-1.07M or -86.9%) and Singapore (MYR-185k or -66.5%). In June 2024, the increase in Liquid Fuel Furnaces's year-by-year imports was explained primarily by an increase in imports from Vietnam (MYR333k or 181%) and United States (MYR90.4k or 49%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-41.6M(-90.4%)
IMPORT GROWTH (June 2023 - June 2024)MYR247k(2.85%)
MAIN DESTINATION (June 2024)SingaporeMYR4.09M

This section shows Liquid Fuel Furnaces'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 Liquid Fuel Furnaces over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.1M
IMPORTS (2022)$23.1M
NET TRADE (2022)-$12M

In 2022, Malaysia exported $11.1M in Liquid Fuel Furnaces. The main destinations of Malaysia exports on Liquid Fuel Furnaces were Vietnam ($3.03M), Netherlands ($1.84M), India ($1.67M), Germany ($1.03M), and Singapore ($1.02M).

In 2022, Malaysia imported $23.1M in Liquid Fuel Furnaces, mainly from China ($5.8M), Germany ($4.91M), Italy ($1.49M), Singapore ($1.42M), and United States ($1.36M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Fuel Furnaces EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Vietnam$2.99M (9.52k%)
Thailand$544k (347%)
South Korea$402k (18.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Fuel Furnaces BY Malaysia WERE (2021 - 2022):
India-$3.64M (-68.5%)
Germany-$2.91M (-73.8%)
Singapore-$2.54M (-71.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Liquid Fuel Furnaces were:
Germany $567M
Italy $423M
China $272M
In 2022, Malaysia's main importing competitors in Liquid Fuel Furnaces were:
United States $219M
Germany $178M
China $138M

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Trade Value of Liquid Fuel Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $478k
TOP IMPORT POTENTIALChina+ $1.15M

Liquid Fuel Furnaces’s highest export potential is Indonesia. With an export gap of $478k.   Liquid Fuel Furnaces’s highest import potential is China with an import gap of $1.15M.

See methodology.

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