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2023
Exports $1.56MWorld Rnk 47 / 129
Flag Rnk 904 / 1208
2023
Destination $108k United States
2022 - 2023
FASTEST GROWING MARKET $108kBrunei
2023
PRODUCT COMPLEXITY IN Vending Machines0.74Rnk 269 / 1025
2023
Imports $19.8MWorld Rnk 24 / 196
Flag Rnk 671 / 1211
2023
Origin $2.01M China
2022 - 2023
FASTEST GROWING ORIGIN $2.01MSingapore
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $1.56M in Vending Machines, making it the 47th largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 904th most exported product in Malaysia. The main destination of Vending Machines exports from Malaysia are: United States ($772k), Singapore ($137k), Brunei ($124k), United Kingdom ($102k), and Indonesia ($99.6k).

The fastest growing export markets for Vending Machines of Malaysia between 2022 and 2023 were Brunei ($108k), Indonesia ($64.3k), and Italy ($7.38k).

Imports In 2023, Malaysia imported $19.8M in Vending Machines, becoming the 24th largest importer of Vending Machines in the world. At the same year, Vending Machines was the 671st most imported product in Malaysia. Malaysia imports Vending Machines primarily from: China ($8.85M), Singapore ($2.28M), Switzerland ($2.23M), Chinese Taipei ($2.22M), and Thailand ($1.5M).

The fastest growing import markets in Vending Machines for Malaysia between 2022 and 2023 were Singapore ($2.01M), Thailand ($1.28M), and Chinese Taipei ($1.2M).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Vending Machines exports accounted up to MYR299k and imports accounted up to MYR8.58M, resulting in a negative trade balance of MYR8.28M. Between November 2023 and November 2024 the exports of Malaysia's   Vending Machines have decreased by MYR-95k (-24.1%) from MYR394k to MYR299k, while imports increased by MYR752k (9.6%) from MYR7.83M to MYR8.58M.

Destinations In November 2024, Vending Machines were exported mostly to Germany (MYR154k), China (MYR78.2k), Singapore (MYR53.8k), Vietnam (MYR5.36k), and Sri Lanka (MYR4.45k), and were imported mostly from China (MYR6.53M), Italy (MYR656k), Singapore (MYR478k), Japan (MYR305k), and Chinese Taipei (MYR283k).

Growth In November 2024, the decrease in Vending Machines's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-56.4k or -99.7%). In November 2024, the increase in Vending Machines's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei (MYR1.44M or 814%), China (MYR1.17M or 70.8%), and Japan (MYR700k or 186%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-95k(-24.1%)
IMPORT GROWTH (November 2023 - November 2024)MYR752k(9.6%)
MAIN DESTINATION (November 2024)GermanyMYR154k

This section shows Vending 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 Vending Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.56M
IMPORTS (2023)$19.8M
NET TRADE (2023)-$18.2M

In 2023, Malaysia exported $1.56M in Vending Machines. The main destinations of Malaysia exports on Vending Machines were United States ($772k), Singapore ($137k), Brunei ($124k), United Kingdom ($102k), and Indonesia ($99.6k).

In 2023, Malaysia imported $19.8M in Vending Machines, mainly from China ($8.85M), Singapore ($2.28M), Switzerland ($2.23M), Chinese Taipei ($2.22M), and Thailand ($1.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Brunei$108k (637%)
Indonesia$64.3k (182%)
Italy$7.38k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY Malaysia WERE (2022 - 2023):
United States-$2.19M (-74%)
Hungary-$1.45M (-100%)
Canada-$468k (-93.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Vending Machines were:
Italy $454M
China $330M
Germany $152M
In 2023, Malaysia's main importing competitors in Vending Machines were:
United States $257M
France $156M
United Kingdom $135M

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Trade Value of Vending Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $410k
TOP IMPORT POTENTIALItaly+ $646k

Vending Machines’s highest export potential is United States. With an export gap of $410k.   Vending Machines’s highest import potential is Italy with an import gap of $646k.

See methodology.

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