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2022
Exports $183MWorld Rnk 12 / 164
Flag Rnk 196 / 1198
2022
Destination $9.23M Vietnam
2021 - 2022
FASTEST GROWING MARKET $9.23MChinese Taipei
2022
PRODUCT COMPLEXITY IN Other Agricultural Machinery0.88Rnk 213 / 1025
2022
Imports $51.9MWorld Rnk 45 / 217
Flag Rnk 509 / 1203
2022
Origin $4.08M China
2021 - 2022
FASTEST GROWING ORIGIN $4.08MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $183M in Other Agricultural Machinery, making it the 12th largest exporter of Other Agricultural Machinery in the world. At the same year, Other Agricultural Machinery was the 196th most exported product in Malaysia. The main destination of Other Agricultural Machinery exports from Malaysia are: Vietnam ($22.2M), Indonesia ($19.1M), Thailand ($17.5M), Philippines ($16.6M), and Chinese Taipei ($14.4M).

The fastest growing export markets for Other Agricultural Machinery of Malaysia between 2021 and 2022 were Chinese Taipei ($9.23M), Vietnam ($6.63M), and South Korea ($4.04M).

Imports In 2022, Malaysia imported $51.9M in Other Agricultural Machinery, becoming the 45th largest importer of Other Agricultural Machinery in the world. At the same year, Other Agricultural Machinery was the 509th most imported product in Malaysia. Malaysia imports Other Agricultural Machinery primarily from: China ($17.1M), Germany ($9.01M), Denmark ($6.79M), United States ($5.01M), and Belgium ($3.21M).

The fastest growing import markets in Other Agricultural Machinery for Malaysia between 2021 and 2022 were China ($4.08M), Netherlands ($883k), and Thailand ($732k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Other Agricultural Machinery exports accounted up to MYR52.3M and imports accounted up to MYR35.3M, resulting in a positive trade balance of MYR16.9M. Between June 2023 and June 2024 the exports of Malaysia's   Other Agricultural Machinery have increased by MYR6.02M (13%) from MYR46.2M to MYR52.3M, while imports decreased by MYR-42k (-0.12%) from MYR35.4M to MYR35.3M.

Destinations In June 2024, Other Agricultural Machinery were exported mostly to Thailand (MYR11.6M), Australia (MYR5.49M), Indonesia (MYR5.23M), Japan (MYR4.48M), and Philippines (MYR3.62M), and were imported mostly from Germany (MYR15.8M), China (MYR9.24M), Denmark (MYR4.26M), United States (MYR2.87M), and Netherlands (MYR725k).

Growth In June 2024, the increase in Other Agricultural Machinery's year-by-year exports was explained primarily by an increase in exports to Australia (MYR4.93M or 119%), Vietnam (MYR3.61M or 148%), and Fiji (MYR736k or 981%). In June 2024, the decrease in Other Agricultural Machinery's year-by-year imports was explained primarily by a decrease in imports from Germany (MYR-611k or -7.45%), United Kingdom (MYR-449k or -99.7%), and Netherlands (MYR-289k or -70.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR6.02M(13%)
IMPORT GROWTH (June 2023 - June 2024)MYR-42k(-0.12%)
MAIN DESTINATION (June 2024)ThailandMYR11.6M

This section shows Other Agricultural Machinery'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 Other Agricultural Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$183M
IMPORTS (2022)$51.9M
NET TRADE (2022)$131M

In 2022, Malaysia exported $183M in Other Agricultural Machinery. The main destinations of Malaysia exports on Other Agricultural Machinery were Vietnam ($22.2M), Indonesia ($19.1M), Thailand ($17.5M), Philippines ($16.6M), and Chinese Taipei ($14.4M).

In 2022, Malaysia imported $51.9M in Other Agricultural Machinery, mainly from China ($17.1M), Germany ($9.01M), Denmark ($6.79M), United States ($5.01M), and Belgium ($3.21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Agricultural Machinery EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Chinese Taipei$9.23M (179%)
Vietnam$6.63M (42.6%)
South Korea$4.04M (59.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Agricultural Machinery BY Malaysia WERE (2021 - 2022):
Indonesia-$6.88M (-26.5%)
Thailand-$4M (-18.6%)
India-$2M (-31.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Other Agricultural Machinery were:
Germany $1.19B
Netherlands $1.06B
China $958M
In 2022, Malaysia's main importing competitors in Other Agricultural Machinery were:
United States $1.52B
Germany $672M
Canada $466M

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Trade Value of Other Agricultural Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $3.68M
TOP IMPORT POTENTIALChina+ $2.3M

Other Agricultural Machinery’s highest export potential is Indonesia. With an export gap of $3.68M.   Other Agricultural Machinery’s highest import potential is China with an import gap of $2.3M.

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