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2023
Exports $3.51BWorld Rnk 6 / 217
Flag Rnk 15 / 1208
2023
Destination $114M United States
2022 - 2023
FASTEST GROWING MARKET $114MUnited Arab Emirates
2023
PRODUCT COMPLEXITY IN Other Electrical Machinery1.46Rnk 52 / 1025
2023
Imports $1.22BWorld Rnk 14 / 225
Flag Rnk 34 / 1211
2023
Origin $399M China
2022 - 2023
FASTEST GROWING ORIGIN $399MChina
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $3.51B in Other Electrical Machinery, making it the 6th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 15th most exported product in Malaysia. The main destination of Other Electrical Machinery exports from Malaysia are: United States ($1.55B), Singapore ($307M), Germany ($249M), Japan ($181M), and United Arab Emirates ($149M).

The fastest growing export markets for Other Electrical Machinery of Malaysia between 2022 and 2023 were United Arab Emirates ($114M), Russia ($79.9M), and Thailand ($54.6M).

Imports In 2023, Malaysia imported $1.22B in Other Electrical Machinery, becoming the 14th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 34th most imported product in Malaysia. Malaysia imports Other Electrical Machinery primarily from: China ($664M), Japan ($125M), South Korea ($122M), Singapore ($92.1M), and United States ($55.4M).

The fastest growing import markets in Other Electrical Machinery for Malaysia between 2022 and 2023 were China ($399M), Singapore ($60.6M), and South Korea ($49.3M).

COMPANIES In 2023, leading companies such as Panasonic (5) were at the forefront of shipping Other Electrical Machinery from Malaysia to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Other Electrical Machinery exports accounted up to MYR817M and imports accounted up to MYR169M, resulting in a positive trade balance of MYR648M. Between November 2023 and November 2024 the exports of Malaysia's   Other Electrical Machinery have increased by MYR198M (31.9%) from MYR619M to MYR817M, while imports decreased by MYR-29.4M (-14.8%) from MYR198M to MYR169M.

Destinations In November 2024, Other Electrical Machinery were exported mostly to United States (MYR449M), Singapore (MYR55.7M), Japan (MYR47.3M), Germany (MYR41.3M), and Thailand (MYR37.8M), and were imported mostly from China (MYR56.5M), United States (MYR24.3M), Singapore (MYR17.2M), Japan (MYR13.6M), and South Korea (MYR10.1M).

Growth In November 2024, the increase in Other Electrical Machinery's year-by-year exports was explained primarily by an increase in exports to Thailand (MYR25.3M or 106%), Germany (MYR17.6M or 30.6%), and Netherlands (MYR14.8M or 182%). In November 2024, the decrease in Other Electrical Machinery's year-by-year imports was explained primarily by a decrease in imports from China (MYR-12.5M or -15%), Thailand (MYR-12.4M or -60.2%), and Germany (MYR-3.93M or -41.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR198M(31.9%)
IMPORT GROWTH (November 2023 - November 2024)MYR-29.4M(-14.8%)
MAIN DESTINATION (November 2024)United StatesMYR449M

This section shows Other Electrical 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 Electrical Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.51B
IMPORTS (2023)$1.22B
NET TRADE (2023)$2.29B

In 2023, Malaysia exported $3.51B in Other Electrical Machinery. The main destinations of Malaysia exports on Other Electrical Machinery were United States ($1.55B), Singapore ($307M), Germany ($249M), Japan ($181M), and United Arab Emirates ($149M).

In 2023, Malaysia imported $1.22B in Other Electrical Machinery, mainly from China ($664M), Japan ($125M), South Korea ($122M), Singapore ($92.1M), and United States ($55.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
United Arab Emirates$114M (325%)
Russia$79.9M (278%)
Thailand$54.6M (74.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Malaysia WERE (2022 - 2023):
United States-$974M (-38.6%)
Singapore-$202M (-39.7%)
Laos-$197M (-99.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Other Electrical Machinery were:
China $20.3B
United States $5.26B
Germany $4.99B
In 2023, Malaysia's main importing competitors in Other Electrical Machinery were:
United States $17.6B
Germany $4.08B
China $3.85B

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $119M
TOP IMPORT POTENTIALChina+ $72.3M

Other Electrical Machinery’s highest export potential is China. With an export gap of $119M.   Other Electrical Machinery’s highest import potential is China with an import gap of $72.3M.

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