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2022
Exports $5.47BWorld Rnk 12 / 226
Flag Rnk 12 / 1198
2022
Destination $308M United States
2021 - 2022
FASTEST GROWING MARKET $308MUnited States
2022
PRODUCT COMPLEXITY IN Office Machine Parts1.32Rnk 90 / 1025
2022
Imports $3.74BWorld Rnk 17 / 224
Flag Rnk 9 / 1203
2022
Origin $110M China
2021 - 2022
FASTEST GROWING ORIGIN $110MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $5.47B in Office Machine Parts, making it the 12th largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 12th most exported product in Malaysia. The main destination of Office Machine Parts exports from Malaysia are: United States ($1.35B), Singapore ($719M), Hong Kong ($417M), China ($382M), and Mexico ($365M).

The fastest growing export markets for Office Machine Parts of Malaysia between 2021 and 2022 were United States ($308M), Poland ($150M), and Mexico ($121M).

Imports In 2022, Malaysia imported $3.74B in Office Machine Parts, becoming the 17th largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 9th most imported product in Malaysia. Malaysia imports Office Machine Parts primarily from: China ($1.92B), Singapore ($317M), Chinese Taipei ($297M), Thailand ($261M), and United States ($224M).

The fastest growing import markets in Office Machine Parts for Malaysia between 2021 and 2022 were China ($110M), Vietnam ($108M), and Chinese Taipei ($75.6M).

COMPANIES In 2023, leading companies such as StarTech (9) were at the forefront of shipping Office Machine Parts from Malaysia to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Malaysia's Office Machine Parts exports accounted up to MYR680M and imports accounted up to MYR1.52B, resulting in a negative trade balance of MYR841M. Between September 2023 and September 2024 the exports of Malaysia's   Office Machine Parts have decreased by MYR-91.5M (-11.9%) from MYR771M to MYR680M, while imports increased by MYR692M (83.5%) from MYR829M to MYR1.52B.

Destinations In September 2024, Office Machine Parts were exported mostly to United States (MYR164M), Thailand (MYR123M), China (MYR94.2M), Singapore (MYR58M), and Hong Kong (MYR53.3M), and were imported mostly from Chinese Taipei (MYR659M), China (MYR372M), Vietnam (MYR119M), South Korea (MYR70.6M), and Singapore (MYR67.3M).

Growth In September 2024, the decrease in Office Machine Parts's year-by-year exports was explained primarily by a decrease in exports to Thailand (MYR-95.2M or -59.6%), Netherlands (MYR-45.7M or -87.2%), and Poland (MYR-40.8M or -81.3%). In September 2024, the increase in Office Machine Parts's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei (MYR34.1M or 37.7%), Vietnam (MYR20.7M or 75.3%), and United States (MYR7.65M or 21.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR-91.5M(-11.9%)
IMPORT GROWTH (September 2023 - September 2024)MYR692M(83.5%)
MAIN DESTINATION (September 2024)United StatesMYR164M

This section shows Office Machine Parts'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 Office Machine Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.47B
IMPORTS (2022)$3.74B
NET TRADE (2022)$1.72B

In 2022, Malaysia exported $5.47B in Office Machine Parts. The main destinations of Malaysia exports on Office Machine Parts were United States ($1.35B), Singapore ($719M), Hong Kong ($417M), China ($382M), and Mexico ($365M).

In 2022, Malaysia imported $3.74B in Office Machine Parts, mainly from China ($1.92B), Singapore ($317M), Chinese Taipei ($297M), Thailand ($261M), and United States ($224M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Office Machine Parts EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United States$308M (29.6%)
Poland$150M (557%)
Mexico$121M (49.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Office Machine Parts BY Malaysia WERE (2021 - 2022):
Singapore-$287M (-28.6%)
Thailand-$118M (-28.4%)
Hungary-$48.2M (-48%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Office Machine Parts were:
China $111B
Chinese Taipei $26.4B
United States $22.5B
In 2022, Malaysia's main importing competitors in Office Machine Parts were:
United States $60.3B
Hong Kong $30.5B
China $27.2B

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Trade Value of Office Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $213M
TOP IMPORT POTENTIALChina+ $137M

Office Machine Parts’s highest export potential is China. With an export gap of $213M.   Office Machine Parts’s highest import potential is China with an import gap of $137M.

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