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2018
Exports $4.32MWorld Rnk 35 / 117
Flag Rnk 767 / 1198
2018
Destination $678k India
2021 - 2022
FASTEST GROWING MARKET $678kJapan
2022
PRODUCT COMPLEXITY IN Metal Lathes1.68Rnk 29 / 1025
2018
Imports $76.2MWorld Rnk 24 / 189
Flag Rnk 422 / 1203
2018
Origin $5.96M Japan
2021 - 2022
FASTEST GROWING ORIGIN $5.96MChinese Taipei
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2018, Malaysia exported $4.32M in Metal Lathes, making it the 35th largest exporter of Metal Lathes in the world. At the same year, Metal Lathes was the 767th most exported product in Malaysia. The main destination of Metal Lathes exports from Malaysia are: India ($1.07M), Japan ($1.01M), Indonesia ($357k), Singapore ($322k), and Iraq ($297k).

The fastest growing export markets for Metal Lathes of Malaysia between 2021 and 2022 were Japan ($678k), India ($520k), and Iraq ($297k).

Imports In 2022, Malaysia imported $76.2M in Metal Lathes, becoming the 24th largest importer of Metal Lathes in the world. At the same year, Metal Lathes was the 422nd most imported product in Malaysia. Malaysia imports Metal Lathes primarily from: Japan ($19.2M), China ($17.1M), Chinese Taipei ($13.4M), Thailand ($7.9M), and South Korea ($5.51M).

The fastest growing import markets in Metal Lathes for Malaysia between 2021 and 2022 were Chinese Taipei ($5.96M), China ($5.4M), and Poland ($2.48M).

Latest Trends

September 2024

About

Overview In September 2024 Malaysia's Metal Lathes exports accounted up to MYR2.24M and imports accounted up to MYR21.1M, resulting in a negative trade balance of MYR18.9M. Between September 2023 and September 2024 the exports of Malaysia's   Metal Lathes have decreased by MYR-9.08M (-80.2%) from MYR11.3M to MYR2.24M, while imports increased by MYR14M (195%) from MYR7.16M to MYR21.1M.

Destinations In September 2024, Metal Lathes were exported mostly to United Arab Emirates (MYR1.15M), Singapore (MYR672k), Indonesia (MYR196k), Pakistan (MYR71k), and Chinese Taipei (MYR60.2k), and were imported mostly from Singapore (MYR6.03M), Thailand (MYR4.77M), China (MYR3M), Japan (MYR2.34M), and Chinese Taipei (MYR1.94M).

Growth In September 2024, the decrease in Metal Lathes's year-by-year exports was explained primarily by a decrease in exports to . In September 2024, the increase in Metal Lathes's year-by-year imports was explained primarily by an increase in imports from Singapore (MYR1.98M or 2.26k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR-9.08M(-80.2%)
IMPORT GROWTH (September 2023 - September 2024)MYR14M(195%)
MAIN DESTINATION (September 2024)United Arab EmiratesMYR1.15M

This section shows Metal Lathes'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 Metal Lathes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.32M
IMPORTS (2022)$76.2M
NET TRADE (2022)-$71.9M

In 2022, Malaysia exported $4.32M in Metal Lathes. The main destinations of Malaysia exports on Metal Lathes were India ($1.07M), Japan ($1.01M), Indonesia ($357k), Singapore ($322k), and Iraq ($297k).

In 2022, Malaysia imported $76.2M in Metal Lathes, mainly from Japan ($19.2M), China ($17.1M), Chinese Taipei ($13.4M), Thailand ($7.9M), and South Korea ($5.51M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Lathes EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Japan$678k (203%)
India$520k (94.1%)
Iraq$297k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Lathes BY Malaysia WERE (2021 - 2022):
Vietnam-$2.12M (-97.5%)
Brazil-$1.1M (-100%)
China-$731k (-79%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Metal Lathes were:
Japan $1.72B
South Korea $919M
Germany $778M
In 2022, Malaysia's main importing competitors in Metal Lathes were:
United States $1.15B
China $631M
Germany $594M

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Trade Value of Metal Lathes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $399k
TOP IMPORT POTENTIALChina+ $2.91M

Metal Lathes’s highest export potential is India. With an export gap of $399k.   Metal Lathes’s highest import potential is China with an import gap of $2.91M.

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