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2022
Exports $142MWorld Rnk 39 / 221
Flag Rnk 233 / 1198
2022
Destination $5.94M United States
2021 - 2022
FASTEST GROWING MARKET $5.94MThailand
2022
PRODUCT COMPLEXITY IN Liquid Pumps1.19Rnk 105 / 1025
2022
Imports $520MWorld Rnk 32 / 225
Flag Rnk 102 / 1203
2022
Origin $28.9M China
2021 - 2022
FASTEST GROWING ORIGIN $28.9MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $142M in Liquid Pumps, making it the 39th largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 233rd most exported product in Malaysia. The main destination of Liquid Pumps exports from Malaysia are: United States ($22.4M), Singapore ($19.9M), Thailand ($17.4M), Indonesia ($14.9M), and India ($8.37M).

The fastest growing export markets for Liquid Pumps of Malaysia between 2021 and 2022 were Thailand ($5.94M), United States ($4.9M), and Indonesia ($2.85M).

Imports In 2022, Malaysia imported $520M in Liquid Pumps, becoming the 32nd largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 102nd most imported product in Malaysia. Malaysia imports Liquid Pumps primarily from: China ($195M), Singapore ($56.9M), Japan ($47.1M), Germany ($39.2M), and United States ($38.6M).

The fastest growing import markets in Liquid Pumps for Malaysia between 2021 and 2022 were China ($28.9M), Singapore ($12.1M), and South Korea ($11.7M).

Latest Trends

October 2024

About

Overview In October 2024 Malaysia's Liquid Pumps exports accounted up to MYR60.2M and imports accounted up to MYR238M, resulting in a negative trade balance of MYR178M. Between October 2023 and October 2024 the exports of Malaysia's   Liquid Pumps have increased by MYR4.11M (7.32%) from MYR56.1M to MYR60.2M, while imports increased by MYR8.12M (3.53%) from MYR230M to MYR238M.

Destinations In October 2024, Liquid Pumps were exported mostly to Indonesia (MYR10.5M), Singapore (MYR7.55M), United States (MYR6.91M), Thailand (MYR5.6M), and Australia (MYR4.52M), and were imported mostly from China (MYR79.2M), Japan (MYR27.2M), United States (MYR26.4M), Germany (MYR15M), and Singapore (MYR13.9M).

Growth In October 2024, the increase in Liquid Pumps's year-by-year exports was explained primarily by an increase in exports to China (MYR1.8M or 106%), France (MYR575k or 197%), and New Zealand (MYR400k or 253%). In October 2024, the increase in Liquid Pumps's year-by-year imports was explained primarily by an increase in imports from South Korea (MYR56M or 1.16k%), Japan (MYR10.3M or 74.5%), and Brunei (MYR4.05M or 12.8k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)MYR4.11M(7.32%)
IMPORT GROWTH (October 2023 - October 2024)MYR8.12M(3.53%)
MAIN DESTINATION (October 2024)IndonesiaMYR10.5M

This section shows Liquid Pumps'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 Pumps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$142M
IMPORTS (2022)$520M
NET TRADE (2022)-$377M

In 2022, Malaysia exported $142M in Liquid Pumps. The main destinations of Malaysia exports on Liquid Pumps were United States ($22.4M), Singapore ($19.9M), Thailand ($17.4M), Indonesia ($14.9M), and India ($8.37M).

In 2022, Malaysia imported $520M in Liquid Pumps, mainly from China ($195M), Singapore ($56.9M), Japan ($47.1M), Germany ($39.2M), and United States ($38.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Pumps EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Thailand$5.94M (51.9%)
United States$4.9M (28%)
Indonesia$2.85M (23.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Pumps BY Malaysia WERE (2021 - 2022):
United Kingdom-$2.62M (-35.9%)
China-$2.03M (-30.7%)
Singapore-$1.53M (-7.11%)
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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 Pumps were:
China $12.2B
Germany $11B
United States $8.25B
In 2022, Malaysia's main importing competitors in Liquid Pumps were:
United States $11.7B
Germany $5.33B
China $4.29B

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Trade Value of Liquid Pumps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $18.4M
TOP IMPORT POTENTIALChina+ $45.5M

Liquid Pumps’s highest export potential is United States. With an export gap of $18.4M.   Liquid Pumps’s highest import potential is China with an import gap of $45.5M.

See methodology.

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