2022
Exports
$2.07MWorld Rnk 48 / 102
Flag Rnk 871 / 1198
2022
PRODUCT COMPLEXITY IN Other Sea Vessels
-0.29Rnk 646 / 1025
2022
Imports
$11.9MWorld Rnk 43 / 178
Flag Rnk 802 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $2.07M in Other Sea Vessels, making it the 48th largest exporter of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 871st most exported product in Malaysia. The main destination of Other Sea Vessels exports from Malaysia are: United Kingdom ($890k), Thailand ($474k), Chinese Taipei ($276k), Singapore ($142k), and Switzerland ($136k).

The fastest growing export markets for Other Sea Vessels of Malaysia between 2021 and 2022 were United Kingdom ($890k), Thailand ($464k), and Switzerland ($136k).

Imports In 2022, Malaysia imported $11.9M in Other Sea Vessels, becoming the 43rd largest importer of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 802nd most imported product in Malaysia. Malaysia imports Other Sea Vessels primarily from: China ($4.38M), Canada ($3.83M), Singapore ($1.43M), Thailand ($871k), and South Korea ($436k).

The fastest growing import markets in Other Sea Vessels for Malaysia between 2021 and 2022 were China ($3.25M), Canada ($1.69M), and Singapore ($758k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - June 2024)MYR-3.73M(-94.8%)
IMPORT GROWTH (June 2023 - June 2024)MYR-190k(-30.7%)
MAIN DESTINATION (June 2024)AustraliaMYR206k

This section shows Other Sea Vessels'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 Sea Vessels over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.07M
IMPORTS (2022)$11.9M
NET TRADE (2022)-$9.87M

In 2022, Malaysia exported $2.07M in Other Sea Vessels. The main destinations of Malaysia exports on Other Sea Vessels were United Kingdom ($890k), Thailand ($474k), Chinese Taipei ($276k), Singapore ($142k), and Switzerland ($136k).

In 2022, Malaysia imported $11.9M in Other Sea Vessels, mainly from China ($4.38M), Canada ($3.83M), Singapore ($1.43M), Thailand ($871k), and South Korea ($436k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Sea Vessels EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United Kingdom$890k (1%)
Thailand$464k (4.88k%)
Switzerland$136k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Sea Vessels BY Malaysia WERE (2021 - 2022):
Saudi Arabia-$31.1M (-100%)
Oman-$1.94M (-100%)
Chinese Taipei-$753k (-73.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Other Sea Vessels were:
In 2022, Malaysia's main importing competitors in Other Sea Vessels were:

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Trade Value of Other Sea Vessels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $136k
TOP IMPORT POTENTIALSouth Korea+ $247k

Other Sea Vessels’s highest export potential is Singapore. With an export gap of $136k.   Other Sea Vessels’s highest import potential is South Korea with an import gap of $247k.

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