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2023
Exports $157MWorld Rnk 26 / 198
Flag Rnk 208 / 1208
2023
Destination $2.11M Australia
2022 - 2023
FASTEST GROWING MARKET $2.11MSouth Africa
2023
PRODUCT COMPLEXITY IN Stone Processing Machines0.43Rnk 399 / 1025
2023
Imports $182MWorld Rnk 32 / 224
Flag Rnk 219 / 1211
2023
Origin $12.9M China
2022 - 2023
FASTEST GROWING ORIGIN $12.9MChina
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $157M in Stone Processing Machines, making it the 26th largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 208th most exported product in Malaysia. The main destination of Stone Processing Machines exports from Malaysia are: Australia ($38.5M), United States ($30.6M), South Africa ($11M), Singapore ($10M), and Indonesia ($9.49M).

The fastest growing export markets for Stone Processing Machines of Malaysia between 2022 and 2023 were South Africa ($2.11M), Kazakhstan ($1.38M), and Papua New Guinea ($1.34M).

Imports In 2023, Malaysia imported $182M in Stone Processing Machines, becoming the 32nd largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 219th most imported product in Malaysia. Malaysia imports Stone Processing Machines primarily from: China ($115M), India ($10.9M), Japan ($6.75M), Italy ($5.25M), and South Korea ($5.15M).

The fastest growing import markets in Stone Processing Machines for Malaysia between 2022 and 2023 were China ($12.9M), Italy ($2.77M), and Netherlands ($2.29M).

COMPANIES In 2023, leading companies such as Motorola (11), Electrolux (1), and Continental Tire (1) were at the forefront of shipping Stone Processing Machines from Malaysia to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Stone Processing Machines exports accounted up to MYR61.3M and imports accounted up to MYR74.3M, resulting in a negative trade balance of MYR13M. Between November 2023 and November 2024 the exports of Malaysia's   Stone Processing Machines have increased by MYR18.7M (43.8%) from MYR42.6M to MYR61.3M, while imports increased by MYR4.84M (6.97%) from MYR69.5M to MYR74.3M.

Destinations In November 2024, Stone Processing Machines were exported mostly to United States (MYR20.4M), Australia (MYR8.56M), China (MYR6.94M), Namibia (MYR6.59M), and Philippines (MYR5.07M), and were imported mostly from China (MYR46.1M), Japan (MYR8.06M), Germany (MYR6.7M), Italy (MYR2.96M), and Singapore (MYR1.91M).

Growth In November 2024, the increase in Stone Processing Machines's year-by-year exports was explained primarily by an increase in exports to China (MYR2.59M or 483%), Indonesia (MYR637k or 31.9%), and Norway (MYR350k or 3.91k%). In November 2024, the increase in Stone Processing Machines's year-by-year imports was explained primarily by an increase in imports from China (MYR4.9M or 14%), Italy (MYR1.95M or 462%), and India (MYR1.1M or 40.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR18.7M(43.8%)
IMPORT GROWTH (November 2023 - November 2024)MYR4.84M(6.97%)
MAIN DESTINATION (November 2024)United StatesMYR20.4M

This section shows Stone Processing Machines'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 Stone Processing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$157M
IMPORTS (2023)$182M
NET TRADE (2023)-$24.8M

In 2023, Malaysia exported $157M in Stone Processing Machines. The main destinations of Malaysia exports on Stone Processing Machines were Australia ($38.5M), United States ($30.6M), South Africa ($11M), Singapore ($10M), and Indonesia ($9.49M).

In 2023, Malaysia imported $182M in Stone Processing Machines, mainly from China ($115M), India ($10.9M), Japan ($6.75M), Italy ($5.25M), and South Korea ($5.15M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
South Africa$2.11M (23.9%)
Kazakhstan$1.38M (730%)
Papua New Guinea$1.34M (288%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Malaysia WERE (2022 - 2023):
United States-$8.97M (-22.6%)
Thailand-$2.92M (-65.8%)
Canada-$1.99M (-23.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Stone Processing Machines were:
China $6.03B
Germany $2.35B
United Kingdom $1.61B
In 2023, Malaysia's main importing competitors in Stone Processing Machines were:
United States $2.46B
Australia $941M
Indonesia $914M

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Trade Value of Stone Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $8.52M
TOP IMPORT POTENTIALIndia+ $5.97M

Stone Processing Machines’s highest export potential is Indonesia. With an export gap of $8.52M.   Stone Processing Machines’s highest import potential is India with an import gap of $5.97M.

See methodology.

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