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2023
Exports $156MWorld Rnk 14 / 209
Flag Rnk 210 / 1208
2023
Destination $7.51M Norway
2022 - 2023
FASTEST GROWING MARKET $7.51MBangladesh
2023
PRODUCT COMPLEXITY IN Surveying Equipment-0.063Rnk 579 / 1025
2023
Imports $93.6MWorld Rnk 26 / 225
Flag Rnk 347 / 1211
2023
Origin $13.9M United States
2022 - 2023
FASTEST GROWING ORIGIN $13.9MUnited States
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $156M in Surveying Equipment, making it the 14th largest exporter of Surveying Equipment in the world. At the same year, Surveying Equipment was the 210th most exported product in Malaysia. The main destination of Surveying Equipment exports from Malaysia are: Norway ($28.9M), Germany ($24.9M), China ($14.9M), Singapore ($14.6M), and United States ($13.8M).

The fastest growing export markets for Surveying Equipment of Malaysia between 2022 and 2023 were Bangladesh ($7.51M), Vietnam ($3.93M), and Japan ($1.2M).

Imports In 2023, Malaysia imported $93.6M in Surveying Equipment, becoming the 26th largest importer of Surveying Equipment in the world. At the same year, Surveying Equipment was the 347th most imported product in Malaysia. Malaysia imports Surveying Equipment primarily from: United States ($27.4M), China ($16.5M), Singapore ($13.2M), United Kingdom ($6.77M), and Norway ($3.94M).

The fastest growing import markets in Surveying Equipment for Malaysia between 2022 and 2023 were United States ($13.9M), China ($6.57M), and Singapore ($4.85M).

Latest Trends

December 2024

About

Overview In December 2024 Malaysia's Surveying Equipment exports accounted up to MYR68.5M and imports accounted up to MYR43.3M, resulting in a positive trade balance of MYR25.2M. Between December 2023 and December 2024 the exports of Malaysia's   Surveying Equipment have increased by MYR19M (38.5%) from MYR49.5M to MYR68.5M, while imports increased by MYR21.1M (95%) from MYR22.2M to MYR43.3M.

Destinations In December 2024, Surveying Equipment were exported mostly to Norway (MYR19.9M), United States (MYR12.1M), Germany (MYR8.31M), Singapore (MYR7.78M), and Thailand (MYR3.9M), and were imported mostly from United States (MYR9.46M), Germany (MYR7.16M), China (MYR6.16M), Poland (MYR4.88M), and Singapore (MYR2.67M).

Growth In December 2024, the increase in Surveying Equipment's year-by-year exports was explained primarily by an increase in exports to Netherlands (MYR3.02M or 149%), South Africa (MYR2.98M or 6.18k%), and India (MYR2.23M or 204%). In December 2024, the increase in Surveying Equipment's year-by-year imports was explained primarily by an increase in imports from United Kingdom (MYR7.84M or 390%), Thailand (MYR2.19M or 3.91k%), and Norway (MYR1.52M or 122%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)MYR19M(38.5%)
IMPORT GROWTH (December 2023 - December 2024)MYR21.1M(95%)
MAIN DESTINATION (December 2024)NorwayMYR19.9M

This section shows Surveying 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 Surveying Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$156M
IMPORTS (2023)$93.6M
NET TRADE (2023)$62.3M

In 2023, Malaysia exported $156M in Surveying Equipment. The main destinations of Malaysia exports on Surveying Equipment were Norway ($28.9M), Germany ($24.9M), China ($14.9M), Singapore ($14.6M), and United States ($13.8M).

In 2023, Malaysia imported $93.6M in Surveying Equipment, mainly from United States ($27.4M), China ($16.5M), Singapore ($13.2M), United Kingdom ($6.77M), and Norway ($3.94M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Surveying Equipment EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Bangladesh$7.51M (3.9k%)
Vietnam$3.93M (205%)
Japan$1.2M (43.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Surveying Equipment BY Malaysia WERE (2022 - 2023):
Norway-$11.1M (-27.8%)
Netherlands-$9.28M (-59.5%)
United States-$7.6M (-35.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Surveying Equipment were:
United States $1.88B
China $1.82B
Germany $947M
In 2023, Malaysia's main importing competitors in Surveying Equipment were:
United States $1.62B
China $1.15B
United Kingdom $608M

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Trade Value of Surveying Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $10.8M
TOP IMPORT POTENTIALChina+ $5.35M

Surveying Equipment’s highest export potential is China. With an export gap of $10.8M.   Surveying Equipment’s highest import potential is China with an import gap of $5.35M.

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