Valves in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $704M in Valves, making it the 27th largest exporter of Valves in the world. At the same year, Valves was the 67th most exported product in Malaysia. The main destination of Valves exports from Malaysia are: Singapore ($145M), China ($119M), United States ($70.9M), South Korea ($41M), and Japan ($27.1M).

The fastest growing export markets for Valves of Malaysia between 2021 and 2022 were Turkey ($26.3M), China ($23.9M), and United States ($15.6M).

Imports In 2022, Malaysia imported $979M in Valves, becoming the 31st largest importer of Valves in the world. At the same year, Valves was the 50th most imported product in Malaysia. Malaysia imports Valves primarily from: China ($315M), United States ($136M), Singapore ($113M), Switzerland ($78.9M), and Japan ($55.7M).

The fastest growing import markets in Valves for Malaysia between 2021 and 2022 were China ($76.2M), Switzerland ($29.2M), and United States ($25.9M).

COMPANIES In 2023, leading companies such as Haas Automation (5) were at the forefront of shipping Valves from Malaysia to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Malaysia's Valves exports accounted up to MYR349M and imports accounted up to MYR582M, resulting in a negative trade balance of MYR233M. Between July 2023 and July 2024 the exports of Malaysia's Valves have increased by MYR63.1M (22.1%) from MYR286M to MYR349M, while imports increased by MYR180M (44.9%) from MYR402M to MYR582M.

Destinations In July 2024, Valves were exported mostly to China (MYR101M), United States (MYR55.6M), Singapore (MYR49M), Japan (MYR14.9M), and Indonesia (MYR14.2M), and were imported mostly from China (MYR144M), United States (MYR119M), Singapore (MYR77M), Switzerland (MYR52.8M), and Japan (MYR31.8M).

Growth In July 2024, the increase in Valves's year-by-year exports was explained primarily by an increase in exports to United States (MYR14.7M or 85.1%), China (MYR10.5M or 43.9%), and Chinese Taipei (MYR4.94M or 142%). In July 2024, the increase in Valves's year-by-year imports was explained primarily by an increase in imports from Singapore (MYR13.1M or 56.7%), Switzerland (MYR11.6M or 46%), and Italy (MYR3.71M or 20%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)MYR63.1M(22.1%)

IMPORT GROWTH (July 2023 - July 2024)MYR180M(44.9%)

MAIN DESTINATION (July 2024)ChinaMYR101M

This section shows Valves'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 Valves over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$704M

IMPORTS (2022)$979M

NET TRADE (2022)-$275M

In 2022, Malaysia exported $704M in Valves. The main destinations of Malaysia exports on Valves were Singapore ($145M), China ($119M), United States ($70.9M), South Korea ($41M), and Japan ($27.1M).

In 2022, Malaysia imported $979M in Valves, mainly from China ($315M), United States ($136M), Singapore ($113M), Switzerland ($78.9M), and Japan ($55.7M).

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