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2022
Exports $3.54MWorld Rnk 36 / 93
Flag Rnk 799 / 1198
2022
Destination $1.23M India
2021 - 2022
FASTEST GROWING MARKET $1.23MIndia
2022
PRODUCT COMPLEXITY IN Metalworking Transfer Machines2.21Rnk 2 / 1025
2022
Imports $154MWorld Rnk 15 / 169
Flag Rnk 276 / 1203
2022
Origin $8.25M Japan
2021 - 2022
FASTEST GROWING ORIGIN $8.25MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $3.54M in Metalworking Transfer Machines, making it the 36th largest exporter of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 799th most exported product in Malaysia. The main destination of Metalworking Transfer Machines exports from Malaysia are: India ($1.69M), Singapore ($585k), Indonesia ($271k), China ($206k), and Philippines ($172k).

The fastest growing export markets for Metalworking Transfer Machines of Malaysia between 2021 and 2022 were India ($1.23M), Philippines ($172k), and Indonesia ($166k).

Imports In 2022, Malaysia imported $154M in Metalworking Transfer Machines, becoming the 15th largest importer of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 276th most imported product in Malaysia. Malaysia imports Metalworking Transfer Machines primarily from: Japan ($44.8M), Chinese Taipei ($44.4M), China ($23.9M), Germany ($15.3M), and United States ($10.5M).

The fastest growing import markets in Metalworking Transfer Machines for Malaysia between 2021 and 2022 were China ($8.25M), Chinese Taipei ($5.44M), and Japan ($5M).

Latest Trends

September 2024

About

Overview In September 2024 Malaysia's Metalworking Transfer Machines exports accounted up to MYR2.59M and imports accounted up to MYR19.6M, resulting in a negative trade balance of MYR17M. Between September 2023 and September 2024 the exports of Malaysia's   Metalworking Transfer Machines have increased by MYR335k (14.8%) from MYR2.26M to MYR2.59M, while imports decreased by MYR-18.4M (-48.4%) from MYR38M to MYR19.6M.

Destinations In September 2024, Metalworking Transfer Machines were exported mostly to United Arab Emirates (MYR1.71M), Singapore (MYR398k), India (MYR244k), Japan (MYR193k), and Pakistan (MYR46.5k), and were imported mostly from China (MYR8.29M), Chinese Taipei (MYR5.46M), Japan (MYR3.01M), Singapore (MYR1.79M), and South Korea (MYR534k).

Growth In September 2024, the increase in Metalworking Transfer Machines's year-by-year exports was explained primarily by an increase in exports to Singapore (MYR304k or 863%). In September 2024, the decrease in Metalworking Transfer Machines's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei (MYR-19.1M or -93.3%), United States (MYR-4.16M or -83.6%), and China (MYR-4.1M or -58.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR335k(14.8%)
IMPORT GROWTH (September 2023 - September 2024)MYR-18.4M(-48.4%)
MAIN DESTINATION (September 2024)United Arab EmiratesMYR1.71M

This section shows Metalworking Transfer Machines'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 Metalworking Transfer Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.54M
IMPORTS (2022)$154M
NET TRADE (2022)-$151M

In 2022, Malaysia exported $3.54M in Metalworking Transfer Machines. The main destinations of Malaysia exports on Metalworking Transfer Machines were India ($1.69M), Singapore ($585k), Indonesia ($271k), China ($206k), and Philippines ($172k).

In 2022, Malaysia imported $154M in Metalworking Transfer Machines, mainly from Japan ($44.8M), Chinese Taipei ($44.4M), China ($23.9M), Germany ($15.3M), and United States ($10.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Transfer Machines EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
India$1.23M (273%)
Philippines$172k (1%)
Indonesia$166k (159%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Transfer Machines BY Malaysia WERE (2021 - 2022):
Cambodia-$1.99M (-100%)
Saudi Arabia-$1.05M (-100%)
Singapore-$932k (-61.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Metalworking Transfer Machines were:
Japan $2.84B
Germany $1.79B
Chinese Taipei $1.13B
In 2022, Malaysia's main importing competitors in Metalworking Transfer Machines were:
China $1.85B
United States $1.5B
Germany $559M

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Trade Value of Metalworking Transfer Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $493k
TOP IMPORT POTENTIALSingapore+ $2.01M

Metalworking Transfer Machines’s highest export potential is China. With an export gap of $493k.   Metalworking Transfer Machines’s highest import potential is Singapore with an import gap of $2.01M.

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