2023
Exports
$599kWorld Rnk 35 / 118
Flag Rnk 1010 / 1208
2023
PRODUCT COMPLEXITY IN Time Switches
0.85Rnk 231 / 1025
2023
Imports
$3.09MWorld Rnk 33 / 200
Flag Rnk 973 / 1211
2023
ECONOMIC COMPLEXITY of Malaysia
1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $599k in Time Switches, making it the 35th largest exporter of Time Switches in the world. At the same year, Time Switches was the 1010th most exported product in Malaysia. The main destination of Time Switches exports from Malaysia are: Saudi Arabia ($172k), France ($96k), Spain ($88.5k), United Kingdom ($78.9k), and Japan ($27.7k).

The fastest growing export markets for Time Switches of Malaysia between 2022 and 2023 were Saudi Arabia ($146k), France ($27.2k), and Japan ($18.9k).

Imports In 2023, Malaysia imported $3.09M in Time Switches, becoming the 33rd largest importer of Time Switches in the world. At the same year, Time Switches was the 973rd most imported product in Malaysia. Malaysia imports Time Switches primarily from: Singapore ($1.02M), China ($624k), France ($440k), Chinese Taipei ($320k), and Hong Kong ($260k).

The fastest growing import markets in Time Switches for Malaysia between 2022 and 2023 were Singapore ($713k), United States ($64.2k), and Switzerland ($23.7k).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)MYR-18.2k(-20.8%)
IMPORT GROWTH (December 2023 - December 2024)MYR2.08M(350%)
MAIN DESTINATION (December 2024)IndonesiaMYR46.6k

This section shows Time Switches'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 Time Switches over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$599k
IMPORTS (2023)$3.09M
NET TRADE (2023)-$2.49M

In 2023, Malaysia exported $599k in Time Switches. The main destinations of Malaysia exports on Time Switches were Saudi Arabia ($172k), France ($96k), Spain ($88.5k), United Kingdom ($78.9k), and Japan ($27.7k).

In 2023, Malaysia imported $3.09M in Time Switches, mainly from Singapore ($1.02M), China ($624k), France ($440k), Chinese Taipei ($320k), and Hong Kong ($260k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Time Switches EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Saudi Arabia$146k (575%)
France$27.2k (39.5%)
Japan$18.9k (214%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Switches BY Malaysia WERE (2022 - 2023):
United Kingdom-$119k (-60.1%)
Spain-$26.9k (-23.3%)
Chile-$18.2k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Time Switches were:
China $152M
Mexico $63.1M
Germany $52.8M
In 2023, Malaysia's main importing competitors in Time Switches were:

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Trade Value of Time Switches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $43.4k
TOP IMPORT POTENTIALChina+ $386k

Time Switches’s highest export potential is United States. With an export gap of $43.4k.   Time Switches’s highest import potential is China with an import gap of $386k.

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