2022
Exports
$6.05BWorld Rnk 8 / 216
Flag Rnk 10 / 1198
2022
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.9Rnk 10 / 1025
2022
Imports
$4.15BWorld Rnk 10 / 225
Flag Rnk 7 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 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

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR78M(11.5%)
IMPORT GROWTH (August 2023 - August 2024)MYR47.3M(8.35%)
MAIN DESTINATION (August 2024)IndonesiaMYR240M

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%)

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:
In 2022, Malaysia's main importing competitors in Machinery Having Individual Functions were:

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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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