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Pricing

2022
Exports $550kWorld Rnk 36 / 110
Flag Rnk 1001 / 1198
2022
Destination $80k United Kingdom
2021 - 2022
FASTEST GROWING MARKET $80kSpain
2022
PRODUCT COMPLEXITY IN Time Switches0.78Rnk 256 / 1025
2022
Imports $3.67MWorld Rnk 31 / 198
Flag Rnk 982 / 1203
2022
Origin $392k Singapore
2021 - 2022
FASTEST GROWING ORIGIN $392kChinese Taipei
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $550k in Time Switches, making it the 36th largest exporter of Time Switches in the world. At the same year, Time Switches was the 1001st most exported product in Malaysia. The main destination of Time Switches exports from Malaysia are: United Kingdom ($198k), Spain ($115k), France ($68.8k), Hong Kong ($28.9k), and United States ($28.6k).

The fastest growing export markets for Time Switches of Malaysia between 2021 and 2022 were Spain ($80k), Hong Kong ($24.6k), and Chile ($18.2k).

Imports In 2022, Malaysia imported $3.67M in Time Switches, becoming the 31st largest importer of Time Switches in the world. At the same year, Time Switches was the 982nd most imported product in Malaysia. Malaysia imports Time Switches primarily from: Singapore ($1.63M), China ($695k), Chinese Taipei ($486k), Hong Kong ($278k), and Germany ($112k).

The fastest growing import markets in Time Switches for Malaysia between 2021 and 2022 were Chinese Taipei ($392k), China ($237k), and Hong Kong ($84.3k).

Latest Trends

September 2024

About

Overview In September 2024 Malaysia's Time Switches exports accounted up to MYR90.2k and imports accounted up to MYR3.03M, resulting in a negative trade balance of MYR2.94M. Between September 2023 and September 2024 the exports of Malaysia's   Time Switches have decreased by MYR-18.8k (-17.2%) from MYR109k to MYR90.2k, while imports increased by MYR1.98M (190%) from MYR1.05M to MYR3.03M.

Destinations In September 2024, Time Switches were exported mostly to Indonesia (MYR25.2k), United States (MYR23.7k), Cambodia (MYR14k), Switzerland (MYR6.87k), and Japan (MYR6.09k), and were imported mostly from China (MYR1.47M), Chinese Taipei (MYR838k), Singapore (MYR498k), Hong Kong (MYR87.5k), and United Kingdom (MYR70.2k).

Growth In September 2024, the decrease in Time Switches's year-by-year exports was explained primarily by a decrease in exports to . In September 2024, the increase in Time Switches's year-by-year imports was explained primarily by an increase in imports from Singapore (MYR87.4k or 249%), Japan (MYR10.1k or 33.4%), and Thailand (MYR2.17k or 35%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR-18.8k(-17.2%)
IMPORT GROWTH (September 2023 - September 2024)MYR1.98M(190%)
MAIN DESTINATION (September 2024)IndonesiaMYR25.2k

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 (2022)$550k
IMPORTS (2022)$3.67M
NET TRADE (2022)-$3.12M

In 2022, Malaysia exported $550k in Time Switches. The main destinations of Malaysia exports on Time Switches were United Kingdom ($198k), Spain ($115k), France ($68.8k), Hong Kong ($28.9k), and United States ($28.6k).

In 2022, Malaysia imported $3.67M in Time Switches, mainly from Singapore ($1.63M), China ($695k), Chinese Taipei ($486k), Hong Kong ($278k), and Germany ($112k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Time Switches EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Spain$80k (227%)
Hong Kong$24.6k (566%)
Chile$18.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Switches BY Malaysia WERE (2021 - 2022):
United States-$264k (-90.2%)
United Kingdom-$106k (-34.9%)
Saudi Arabia-$60.7k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Time Switches were:
China $165M
Mexico $92M
France $43.8M
In 2022, Malaysia's main importing competitors in Time Switches were:
United States $107M
France $42M
Germany $25.1M

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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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