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2022
Exports $41MWorld Rnk 37 / 180
Flag Rnk 404 / 1198
2022
Destination $10.4M Singapore
2021 - 2022
FASTEST GROWING MARKET $10.4MSingapore
2022
PRODUCT COMPLEXITY IN Spark-Ignition Engines1.15Rnk 117 / 1025
2022
Imports $522MWorld Rnk 19 / 222
Flag Rnk 101 / 1203
2022
Origin $46.7M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $46.7MIndonesia
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $41M in Spark-Ignition Engines, making it the 37th largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 404th most exported product in Malaysia. The main destination of Spark-Ignition Engines exports from Malaysia are: Singapore ($12.2M), New Zealand ($4.92M), Russia ($3.59M), Thailand ($3.59M), and Chile ($1.73M).

The fastest growing export markets for Spark-Ignition Engines of Malaysia between 2021 and 2022 were Singapore ($10.4M), New Zealand ($4.9M), and Russia ($3.18M).

Imports In 2022, Malaysia imported $522M in Spark-Ignition Engines, becoming the 19th largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 101st most imported product in Malaysia. Malaysia imports Spark-Ignition Engines primarily from: Indonesia ($166M), Japan ($103M), India ($58.4M), China ($51.1M), and Germany ($49.6M).

The fastest growing import markets in Spark-Ignition Engines for Malaysia between 2021 and 2022 were Indonesia ($46.7M), India ($40.5M), and China ($32.7M).

Latest Trends

October 2024

About

Overview In October 2024 Malaysia's Spark-Ignition Engines exports accounted up to MYR23.2M and imports accounted up to MYR426M, resulting in a negative trade balance of MYR403M. Between October 2023 and October 2024 the exports of Malaysia's   Spark-Ignition Engines have decreased by MYR-1.72M (-6.91%) from MYR25M to MYR23.2M, while imports increased by MYR261M (159%) from MYR165M to MYR426M.

Destinations In October 2024, Spark-Ignition Engines were exported mostly to Russia (MYR11M), Germany (MYR1.68M), Thailand (MYR1.53M), United Arab Emirates (MYR1.24M), and China (MYR925k), and were imported mostly from United Kingdom (MYR143M), United States (MYR111M), Japan (MYR75.8M), Indonesia (MYR28.1M), and Germany (MYR22.6M).

Growth In October 2024, the decrease in Spark-Ignition Engines's year-by-year exports was explained primarily by a decrease in exports to Thailand (MYR-3.16M or -74.9%), Nigeria (MYR-704k or -72.9%), and United States (MYR-355k or -87.6%). In October 2024, the increase in Spark-Ignition Engines's year-by-year imports was explained primarily by an increase in imports from Indonesia (MYR42.2M or 257%), Japan (MYR11M or 73.1%), and Germany (MYR1.38M or 44.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)MYR-1.72M(-6.91%)
IMPORT GROWTH (October 2023 - October 2024)MYR261M(159%)
MAIN DESTINATION (October 2024)RussiaMYR11M

This section shows Spark-Ignition Engines'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 Spark-Ignition Engines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$41M
IMPORTS (2022)$522M
NET TRADE (2022)-$481M

In 2022, Malaysia exported $41M in Spark-Ignition Engines. The main destinations of Malaysia exports on Spark-Ignition Engines were Singapore ($12.2M), New Zealand ($4.92M), Russia ($3.59M), Thailand ($3.59M), and Chile ($1.73M).

In 2022, Malaysia imported $522M in Spark-Ignition Engines, mainly from Indonesia ($166M), Japan ($103M), India ($58.4M), China ($51.1M), and Germany ($49.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spark-Ignition Engines EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$10.4M (559%)
New Zealand$4.9M (46.8k%)
Russia$3.18M (769%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spark-Ignition Engines BY Malaysia WERE (2021 - 2022):
Philippines-$18.8M (-97.5%)
Canada-$4.19M (-98.8%)
China-$2.14M (-74.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Spark-Ignition Engines were:
United States $7B
Germany $5.21B
Japan $5.2B
In 2022, Malaysia's main importing competitors in Spark-Ignition Engines were:
United States $11.7B
Canada $4.24B
Germany $3.61B

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Trade Value of Spark-Ignition Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.54M
TOP IMPORT POTENTIALChina+ $24.1M

Spark-Ignition Engines’s highest export potential is United States. With an export gap of $3.54M.   Spark-Ignition Engines’s highest import potential is China with an import gap of $24.1M.

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