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2022
Exports $221kWorld Rnk 39 / 62
Flag Rnk 1059 / 1198
2022
Destination $3.43k Thailand
2021 - 2022
FASTEST GROWING MARKET $3.43kBurma
2022
PRODUCT COMPLEXITY IN Railway Maintenance Vehicles0.25Rnk 474 / 1025
2022
Imports $1.36MWorld Rnk 54 / 113
Flag Rnk 1059 / 1203
2022
Origin $106k Austria
2021 - 2022
FASTEST GROWING ORIGIN $106kJapan
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $221k in Railway Maintenance Vehicles, making it the 39th largest exporter of Railway Maintenance Vehicles in the world. At the same year, Railway Maintenance Vehicles was the 1059th most exported product in Malaysia. The main destination of Railway Maintenance Vehicles exports from Malaysia are: Thailand ($114k), Australia ($104k), and Burma ($3.43k).

The fastest growing export markets for Railway Maintenance Vehicles of Malaysia between 2021 and 2022 were Burma ($3.43k) and Thailand ($2.24k).

Imports In 2022, Malaysia imported $1.36M in Railway Maintenance Vehicles, becoming the 54th largest importer of Railway Maintenance Vehicles in the world. At the same year, Railway Maintenance Vehicles was the 1059th most imported product in Malaysia. Malaysia imports Railway Maintenance Vehicles primarily from: Austria ($1.07M), Japan ($106k), China ($79.2k), Ireland ($63.2k), and Chinese Taipei ($17.9k).

The fastest growing import markets in Railway Maintenance Vehicles for Malaysia between 2021 and 2022 were Japan ($106k), Ireland ($63.2k), and Chinese Taipei ($6.48k).

Latest Trends

March 2024

About

Overview In March 2024 Malaysia's Railway Maintenance Vehicles exports accounted up to MYR258k and imports accounted up to MYR19.7M, resulting in a negative trade balance of MYR19.4M. Between January 2021 and March 2024 the exports of Malaysia's   Railway Maintenance Vehicles have decreased by MYR-204k (-44.1%) from MYR461k to MYR258k, while imports increased by MYR18.1M (1.18k%) from MYR1.54M to MYR19.7M.

Destinations In March 2024, Railway Maintenance Vehicles were exported mostly to , and were imported mostly from Italy (MYR19.7M) and Austria (MYR20k).

Growth In March 2024, the decrease in Railway Maintenance Vehicles's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Railway Maintenance Vehicles's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2021 - March 2024)MYR-204k(-44.1%)
IMPORT GROWTH (March 2023 - June 2024)MYR18.1M(1.18k%)
MAIN DESTINATION (March 2024)

This section shows Railway Maintenance Vehicles'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 Railway Maintenance Vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$221k
IMPORTS (2022)$1.36M
NET TRADE (2022)-$1.14M

In 2022, Malaysia exported $221k in Railway Maintenance Vehicles. The main destinations of Malaysia exports on Railway Maintenance Vehicles were Thailand ($114k), Australia ($104k), and Burma ($3.43k).

In 2022, Malaysia imported $1.36M in Railway Maintenance Vehicles, mainly from Austria ($1.07M), Japan ($106k), China ($79.2k), Ireland ($63.2k), and Chinese Taipei ($17.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway Maintenance Vehicles EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Burma$3.43k (1%)
Thailand$2.24k (2.01%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Maintenance Vehicles BY Malaysia WERE (2021 - 2022):
Australia-$186k (-64.1%)
China-$84.5k (-100%)
New Zealand-$1.5k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Railway Maintenance Vehicles were:
Austria $263M
United States $179M
China $159M
In 2022, Malaysia's main importing competitors in Railway Maintenance Vehicles were:
Indonesia $120M
Japan $96.7M
Canada $84.3M

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Trade Value of Railway Maintenance Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $30.1k
TOP IMPORT POTENTIALChina+ $94.4k

Railway Maintenance Vehicles’s highest export potential is Thailand. With an export gap of $30.1k.   Railway Maintenance Vehicles’s highest import potential is China with an import gap of $94.4k.

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