Sign In
Pricing

2022
Exports $303MWorld Rnk 6 / 200
Flag Rnk 52 / 96
2022
Destination $11.6M United States
2021 - 2022
FASTEST GROWING MARKET $11.6MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Musical instruments1.43Rnk 66 / 1025
2022
Imports $109MWorld Rnk 17 / 224
Flag Rnk 79 / 96
2022
Origin $8.73M China
2021 - 2022
FASTEST GROWING ORIGIN $8.73MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $303M in Musical instruments, making it the 6th largest exporter of Musical instruments in the world. At the same year, Musical instruments was the 52nd most exported product in Malaysia. The main destination of Musical instruments exports from Malaysia are: United States ($71.6M), Belgium ($40.9M), Japan ($29.6M), China ($19.8M), and India ($14.2M).

The fastest growing export markets for Musical instruments of Malaysia between 2021 and 2022 were United Kingdom ($11.6M), United States ($7.3M), and Japan ($6.77M).

Imports In 2022, Malaysia imported $109M in Musical instruments, becoming the 17th largest importer of Musical instruments in the world. At the same year, Musical instruments was the 79th most imported product in Malaysia. Malaysia imports Musical instruments primarily from: China ($59.4M), Indonesia ($26.7M), India ($6.1M), Japan ($5.29M), and Singapore ($3.92M).

The fastest growing import markets in Musical instruments for Malaysia between 2021 and 2022 were China ($8.73M), Indonesia ($5.75M), and India ($4.83M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Musical instruments exports accounted up to MYR117M and imports accounted up to MYR27.2M, resulting in a positive trade balance of MYR90.1M. Between June 2023 and June 2024 the exports of Malaysia's   Musical instruments have increased by MYR8.37M (7.69%) from MYR109M to MYR117M, while imports increased by MYR3.61M (15.3%) from MYR23.6M to MYR27.2M.

Destinations In June 2024, Musical instruments were exported mostly to United States (MYR46.4M), Belgium (MYR25.1M), Canada (MYR5.91M), Japan (MYR5.81M), and India (MYR5.49M), and were imported mostly from China (MYR10.5M), Indonesia (MYR9.44M), Japan (MYR1.97M), Chinese Taipei (MYR1.33M), and United States (MYR1.15M).

Growth In June 2024, the increase in Musical instruments's year-by-year exports was explained primarily by an increase in exports to Canada (MYR1.5M or 87.5%), Thailand (MYR954k or 1.05k%), and South Korea (MYR521k or 33.6%). In June 2024, the increase in Musical instruments's year-by-year imports was explained primarily by an increase in imports from India (MYR2.18M or 249%), United States (MYR634k or 68%), and Mexico (MYR295k or 87.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR8.37M(7.69%)
IMPORT GROWTH (June 2023 - June 2024)MYR3.61M(15.3%)
MAIN DESTINATION (June 2024)United StatesMYR46.4M

This section shows Musical 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 Musical instruments over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$303M
IMPORTS (2022)$109M
NET TRADE (2022)$194M

In 2022, Malaysia exported $303M in Musical instruments. The main destinations of Malaysia exports on Musical instruments were United States ($71.6M), Belgium ($40.9M), Japan ($29.6M), China ($19.8M), and India ($14.2M).

In 2022, Malaysia imported $109M in Musical instruments, mainly from China ($59.4M), Indonesia ($26.7M), India ($6.1M), Japan ($5.29M), and Singapore ($3.92M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Musical instruments EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United Kingdom$11.6M (7.27k%)
United States$7.3M (11.4%)
Japan$6.77M (29.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical instruments BY Malaysia WERE (2021 - 2022):
Austria-$2.74M (-99.8%)
Russia-$2.69M (-96.7%)
China-$1.59M (-7.42%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Musical instruments were:
China $2.53B
Indonesia $1.08B
Germany $1.01B
In 2022, Malaysia's main importing competitors in Musical instruments were:
United States $1.91B
Germany $876M
China $615M

Explore Visualizations

Trade Value of Musical instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.74M
TOP IMPORT POTENTIALIndonesia+ $7.6M

Musical instruments’s highest export potential is China. With an export gap of $5.74M.   Musical instruments’s highest import potential is Indonesia with an import gap of $7.6M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms