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2022
Exports $2.48BWorld Rnk 16 / 224
Flag Rnk 19 / 1198
2022
Destination $199M United States
2021 - 2022
FASTEST GROWING MARKET $199MUnited States
2022
PRODUCT COMPLEXITY IN Medical Instruments0.76Rnk 260 / 1025
2022
Imports $842MWorld Rnk 30 / 225
Flag Rnk 67 / 1203
2022
Origin $37.3M United States
2021 - 2022
FASTEST GROWING ORIGIN $37.3MUnited States
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $2.48B in Medical Instruments, making it the 16th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 19th most exported product in Malaysia. The main destination of Medical Instruments exports from Malaysia are: United States ($792M), Germany ($499M), Japan ($230M), China ($155M), and Netherlands ($114M).

The fastest growing export markets for Medical Instruments of Malaysia between 2021 and 2022 were United States ($199M), Germany ($104M), and United Kingdom ($56M).

Imports In 2022, Malaysia imported $842M in Medical Instruments, becoming the 30th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 67th most imported product in Malaysia. Malaysia imports Medical Instruments primarily from: United States ($201M), Singapore ($136M), China ($111M), Japan ($73.8M), and Germany ($65M).

The fastest growing import markets in Medical Instruments for Malaysia between 2021 and 2022 were United States ($37.3M), Singapore ($22M), and South Korea ($6.17M).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Medical Instruments exports accounted up to MYR1.75B and imports accounted up to MYR462M, resulting in a positive trade balance of MYR1.29B. Between August 2023 and August 2024 the exports of Malaysia's   Medical Instruments have increased by MYR872M (98.7%) from MYR883M to MYR1.75B, while imports increased by MYR45.6M (10.9%) from MYR417M to MYR462M.

Destinations In August 2024, Medical Instruments were exported mostly to United States (MYR883M), Germany (MYR202M), Netherlands (MYR152M), Singapore (MYR97.6M), and Japan (MYR76.6M), and were imported mostly from Singapore (MYR87.9M), United States (MYR85.9M), Japan (MYR70.4M), China (MYR63M), and Germany (MYR35.5M).

Growth In August 2024, the increase in Medical Instruments's year-by-year exports was explained primarily by an increase in exports to United States (MYR66.1M or 31.7%), Netherlands (MYR38.3M or 197%), and India (MYR29M or 390%). In August 2024, the increase in Medical Instruments's year-by-year imports was explained primarily by an increase in imports from United States (MYR21.3M or 46.1%), Mexico (MYR14.2M or 160%), and Hungary (MYR7.84M or 1.51k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR872M(98.7%)
IMPORT GROWTH (August 2023 - August 2024)MYR45.6M(10.9%)
MAIN DESTINATION (August 2024)United StatesMYR883M

This section shows Medical Instruments'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 Medical Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.48B
IMPORTS (2022)$842M
NET TRADE (2022)$1.64B

In 2022, Malaysia exported $2.48B in Medical Instruments. The main destinations of Malaysia exports on Medical Instruments were United States ($792M), Germany ($499M), Japan ($230M), China ($155M), and Netherlands ($114M).

In 2022, Malaysia imported $842M in Medical Instruments, mainly from United States ($201M), Singapore ($136M), China ($111M), Japan ($73.8M), and Germany ($65M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United States$199M (33.5%)
Germany$104M (26.3%)
United Kingdom$56M (269%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Malaysia WERE (2021 - 2022):
Belgium-$29M (-53%)
Russia-$9.07M (-97.6%)
France-$6.85M (-42.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Medical Instruments were:
United States $33.3B
Germany $17.6B
Mexico $14.1B
In 2022, Malaysia's main importing competitors in Medical Instruments were:
United States $34.7B
Netherlands $12.9B
Germany $11.4B

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Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $126M
TOP IMPORT POTENTIALChina+ $63.4M

Medical Instruments’s highest export potential is China. With an export gap of $126M.   Medical Instruments’s highest import potential is China with an import gap of $63.4M.

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