Motor vehicles; parts and accessories (8701 to 8705) in Malaysia

About

Exports In 2023, Malaysia exported $711M in Motor vehicles; parts and accessories (8701 to 8705), making it the 35th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 70th most exported product in Malaysia. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Malaysia are: United States ($79.8M), Thailand ($78.6M), Singapore ($73.6M), Indonesia ($56.1M), and Germany ($44M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Malaysia between 2022 and 2023 were United States ($12.2M), United Arab Emirates ($7.72M), and Mexico ($6.68M).

Imports In 2023, Malaysia imported $4.41B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 25th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 7th most imported product in Malaysia. Malaysia imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: China ($1.11B), Thailand ($1.11B), Japan ($772M), Indonesia ($552M), and Germany ($443M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Malaysia between 2022 and 2023 were Germany ($150M), Thailand ($106M), and Indonesia ($87.8M).

COMPANIES In 2023, leading companies such as CONTINENTAL AUTOMOTIVE SYSTEMS, INC (81), Marelli Automotive Lighting (37), and Panasonic (7) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from Malaysia to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Motor vehicles; parts and accessories (8701 to 8705) exports accounted up to MYR527M and imports accounted up to MYR1.51B, resulting in a negative trade balance of MYR979M. Between November 2023 and November 2024 the exports of Malaysia's Motor vehicles; parts and accessories (8701 to 8705) have increased by MYR67.2M (14.6%) from MYR460M to MYR527M, while imports decreased by MYR-269M (-15.1%) from MYR1.77B to MYR1.51B.

Destinations In November 2024, Motor vehicles; parts and accessories (8701 to 8705) were exported mostly to Australia (MYR76.2M), Singapore (MYR68.9M), Thailand (MYR60.1M), Chinese Taipei (MYR49.5M), and United States (MYR39M), and were imported mostly from Thailand (MYR354M), China (MYR328M), Germany (MYR304M), Japan (MYR231M), and Indonesia (MYR128M).

Growth In November 2024, the increase in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year exports was explained primarily by an increase in exports to Chinese Taipei (MYR19.6M or 124%), Australia (MYR11.2M or 42.1%), and India (MYR6.06M or 96.4%). In November 2024, the decrease in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year imports was explained primarily by a decrease in imports from Germany (MYR-15.1M or -7.22%), Hong Kong (MYR-3.16M or -82.4%), and Singapore (MYR-2.08M or -6.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)MYR67.2M(14.6%)

IMPORT GROWTH (November 2023 - November 2024)MYR-269M(-15.1%)

MAIN DESTINATION (November 2024)AustraliaMYR76.2M

This section shows Motor vehicles; parts and accessories (8701 to 8705)'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 Motor vehicles; parts and accessories (8701 to 8705) over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download