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2022
Exports $6.05BWorld Rnk 8 / 216
Flag Rnk 10 / 1198
2022
Destination $1.11B Singapore
2021 - 2022
FASTEST GROWING MARKET $1.11BSingapore
2022
PRODUCT COMPLEXITY IN Machinery Having Individual Functions1.9Rnk 10 / 1025
2022
Imports $4.15BWorld Rnk 10 / 225
Flag Rnk 7 / 1203
2022
Origin $454M Singapore
2021 - 2022
FASTEST GROWING ORIGIN $454MUnited States
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $6.05B in Machinery Having Individual Functions, making it the 8th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 10th most exported product in Malaysia. The main destination of Machinery Having Individual Functions exports from Malaysia are: Singapore ($2.77B), United States ($829M), China ($454M), South Korea ($346M), and Chinese Taipei ($248M).

The fastest growing export markets for Machinery Having Individual Functions of Malaysia between 2021 and 2022 were Singapore ($1.11B), United States ($465M), and South Korea ($159M).

Imports In 2022, Malaysia imported $4.15B in Machinery Having Individual Functions, becoming the 10th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 7th most imported product in Malaysia. Malaysia imports Machinery Having Individual Functions primarily from: Singapore ($982M), China ($778M), United States ($705M), Japan ($639M), and Germany ($275M).

The fastest growing import markets in Machinery Having Individual Functions for Malaysia between 2021 and 2022 were United States ($454M), Singapore ($328M), and Japan ($315M).

COMPANIES In 2023, leading companies such as Motorola (13), Marelli Automotive Lighting (3), and Panasonic (2) were at the forefront of shipping Machinery Having Individual Functions from Malaysia to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Malaysia's Machinery Having Individual Functions exports accounted up to MYR717M and imports accounted up to MYR694M, resulting in a positive trade balance of MYR22.4M. Between July 2023 and July 2024 the exports of Malaysia's   Machinery Having Individual Functions have increased by MYR195M (37.4%) from MYR522M to MYR717M, while imports increased by MYR167M (31.8%) from MYR527M to MYR694M.

Destinations In July 2024, Machinery Having Individual Functions were exported mostly to United States (MYR147M), Singapore (MYR142M), Indonesia (MYR106M), Chinese Taipei (MYR56.8M), and China (MYR24.9M), and were imported mostly from Singapore (MYR217M), China (MYR204M), Japan (MYR74.5M), South Korea (MYR65M), and Germany (MYR35.4M).

Growth In July 2024, the increase in Machinery Having Individual Functions's year-by-year exports was explained primarily by an increase in exports to Mexico (MYR15.6M or 284%), France (MYR8.01M or 957%), and Cote d'Ivoire (MYR7.72M or 444%). In July 2024, the increase in Machinery Having Individual Functions's year-by-year imports was explained primarily by an increase in imports from Japan (MYR65.7M or 132%), United States (MYR23.7M or 87.6%), and Singapore (MYR19.8M or 25.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)MYR195M(37.4%)
IMPORT GROWTH (July 2023 - July 2024)MYR167M(31.8%)
MAIN DESTINATION (July 2024)United StatesMYR147M

This section shows Machinery Having Individual Functions'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 Machinery Having Individual Functions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.05B
IMPORTS (2022)$4.15B
NET TRADE (2022)$1.9B

In 2022, Malaysia exported $6.05B in Machinery Having Individual Functions. The main destinations of Malaysia exports on Machinery Having Individual Functions were Singapore ($2.77B), United States ($829M), China ($454M), South Korea ($346M), and Chinese Taipei ($248M).

In 2022, Malaysia imported $4.15B in Machinery Having Individual Functions, mainly from Singapore ($982M), China ($778M), United States ($705M), Japan ($639M), and Germany ($275M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$1.11B (67%)
United States$465M (127%)
South Korea$159M (84.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Malaysia WERE (2021 - 2022):
Vietnam-$19.7M (-27.4%)
Philippines-$13.6M (-10.5%)
Azerbaijan-$13.3M (-98.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Machinery Having Individual Functions were:
Japan $38.5B
United States $33.1B
Germany $20.9B
In 2022, Malaysia's main importing competitors in Machinery Having Individual Functions were:
China $40.8B
United States $26B
South Korea $22.1B

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $99.5M
TOP IMPORT POTENTIALChina+ $79.7M

Machinery Having Individual Functions’s highest export potential is China. With an export gap of $99.5M.   Machinery Having Individual Functions’s highest import potential is China with an import gap of $79.7M.

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