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2022
Exports $117MWorld Rnk 6 / 175
Flag Rnk 263 / 1198
2022
Destination $41.3M United States
2021 - 2022
FASTEST GROWING MARKET $41.3MUnited States
2022
PRODUCT COMPLEXITY IN Sound Recording Equipment0.32Rnk 439 / 1025
2022
Imports $27.3MWorld Rnk 27 / 209
Flag Rnk 638 / 1203
2022
Origin $13.4M China
2021 - 2022
FASTEST GROWING ORIGIN $13.4MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $117M in Sound Recording Equipment, making it the 6th largest exporter of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 263rd most exported product in Malaysia. The main destination of Sound Recording Equipment exports from Malaysia are: United States ($50.6M), Germany ($7.86M), United Kingdom ($7.39M), Japan ($6.64M), and Belgium ($5.29M).

The fastest growing export markets for Sound Recording Equipment of Malaysia between 2021 and 2022 were United States ($41.3M), Belgium ($5.28M), and United Kingdom ($4.78M).

Imports In 2022, Malaysia imported $27.3M in Sound Recording Equipment, becoming the 27th largest importer of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 638th most imported product in Malaysia. Malaysia imports Sound Recording Equipment primarily from: China ($15M), Singapore ($10.2M), Vietnam ($320k), United States ($257k), and Hong Kong ($243k).

The fastest growing import markets in Sound Recording Equipment for Malaysia between 2021 and 2022 were China ($13.4M), Singapore ($9.52M), and Vietnam ($320k).

COMPANIES In 2023, leading companies such as Continental Tire (2) and Conair (1) were at the forefront of shipping Sound Recording Equipment from Malaysia to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Sound Recording Equipment exports accounted up to MYR38.4M and imports accounted up to MYR3.79M, resulting in a positive trade balance of MYR34.6M. Between August 2023 and August 2024 the exports of Malaysia's   Sound Recording Equipment have decreased by MYR-2.1M (-5.18%) from MYR40.5M to MYR38.4M, while imports increased by MYR886k (30.5%) from MYR2.9M to MYR3.79M.

Destinations In August 2024, Sound Recording Equipment were exported mostly to United States (MYR17.6M), Belgium (MYR4.77M), United Kingdom (MYR4.66M), Germany (MYR3.56M), and Singapore (MYR2.42M), and were imported mostly from China (MYR2.08M), Vietnam (MYR477k), Hong Kong (MYR470k), Chinese Taipei (MYR282k), and Singapore (MYR143k).

Growth In August 2024, the decrease in Sound Recording Equipment's year-by-year exports was explained primarily by a decrease in exports to United States (MYR-10.7M or -65.7%), United Kingdom (MYR-8.07M or -70.3%), and Germany (MYR-2.67M or -64.9%). In August 2024, the increase in Sound Recording Equipment's year-by-year imports was explained primarily by an increase in imports from United States (MYR155k or 630%), South Korea (MYR76.6k or 607%), and Japan (MYR49.4k or 156%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR-2.1M(-5.18%)
IMPORT GROWTH (August 2023 - August 2024)MYR886k(30.5%)
MAIN DESTINATION (August 2024)United StatesMYR17.6M

This section shows Sound Recording Equipment'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 Sound Recording Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$117M
IMPORTS (2022)$27.3M
NET TRADE (2022)$89.9M

In 2022, Malaysia exported $117M in Sound Recording Equipment. The main destinations of Malaysia exports on Sound Recording Equipment were United States ($50.6M), Germany ($7.86M), United Kingdom ($7.39M), Japan ($6.64M), and Belgium ($5.29M).

In 2022, Malaysia imported $27.3M in Sound Recording Equipment, mainly from China ($15M), Singapore ($10.2M), Vietnam ($320k), United States ($257k), and Hong Kong ($243k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sound Recording Equipment EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United States$41.3M (442%)
Belgium$5.28M (45k%)
United Kingdom$4.78M (183%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sound Recording Equipment BY Malaysia WERE (2021 - 2022):
China-$6.29M (-59.3%)
Japan-$1.75M (-20.8%)
Netherlands-$595k (-66.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Sound Recording Equipment were:
China $2.17B
Netherlands $332M
Vietnam $211M
In 2022, Malaysia's main importing competitors in Sound Recording Equipment were:
United States $1.01B
Germany $425M
Netherlands $324M

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Trade Value of Sound Recording Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.05M
TOP IMPORT POTENTIALChina+ $3.02M

Sound Recording Equipment’s highest export potential is United States. With an export gap of $4.05M.   Sound Recording Equipment’s highest import potential is China with an import gap of $3.02M.

See methodology.

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