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2022
Exports $15.6MWorld Rnk 37 / 186
Flag Rnk 565 / 1198
2022
Destination $1.19M Indonesia
2021 - 2022
FASTEST GROWING MARKET $1.19MUnited Arab Emirates
2022
PRODUCT COMPLEXITY IN Combustion Engines1.13Rnk 126 / 1025
2022
Imports $238MWorld Rnk 33 / 220
Flag Rnk 206 / 1203
2022
Origin $25.3M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $25.3MThailand
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $15.6M in Combustion Engines, making it the 37th largest exporter of Combustion Engines in the world. At the same year, Combustion Engines was the 565th most exported product in Malaysia. The main destination of Combustion Engines exports from Malaysia are: Indonesia ($2.14M), Thailand ($2.02M), Singapore ($1.86M), United Arab Emirates ($1.33M), and United States ($919k).

The fastest growing export markets for Combustion Engines of Malaysia between 2021 and 2022 were United Arab Emirates ($1.19M), United States ($587k), and Malaysia ($436k).

Imports In 2022, Malaysia imported $238M in Combustion Engines, becoming the 33rd largest importer of Combustion Engines in the world. At the same year, Combustion Engines was the 206th most imported product in Malaysia. Malaysia imports Combustion Engines primarily from: Thailand ($106M), Singapore ($35.7M), China ($24.6M), Japan ($19.2M), and United Kingdom ($13.3M).

The fastest growing import markets in Combustion Engines for Malaysia between 2021 and 2022 were Thailand ($25.3M), United States ($7.99M), and Hong Kong ($5.6M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Combustion Engines exports accounted up to MYR6.79M and imports accounted up to MYR91.6M, resulting in a negative trade balance of MYR84.8M. Between June 2023 and June 2024 the exports of Malaysia's   Combustion Engines have decreased by MYR-1.44M (-17.5%) from MYR8.22M to MYR6.79M, while imports decreased by MYR-17.2M (-15.8%) from MYR109M to MYR91.6M.

Destinations In June 2024, Combustion Engines were exported mostly to United Arab Emirates (MYR1.55M), Indonesia (MYR880k), Saudi Arabia (MYR606k), Russia (MYR467k), and Costa Rica (MYR456k), and were imported mostly from Thailand (MYR30.2M), Japan (MYR27.6M), Germany (MYR8.98M), China (MYR6.92M), and South Korea (MYR5.04M).

Growth In June 2024, the decrease in Combustion Engines's year-by-year exports was explained primarily by a decrease in exports to Indonesia (MYR-1.02M or -76.4%), South Africa (MYR-348k or -75.9%), and Nigeria (MYR-185k or -43.6%). In June 2024, the decrease in Combustion Engines's year-by-year imports was explained primarily by a decrease in imports from Thailand (MYR-20.1M or -44.9%), China (MYR-7.54M or -61.4%), and Germany (MYR-5.39M or -87.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-1.44M(-17.5%)
IMPORT GROWTH (June 2023 - June 2024)MYR-17.2M(-15.8%)
MAIN DESTINATION (June 2024)United Arab EmiratesMYR1.55M

This section shows Combustion Engines'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 Combustion Engines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$15.6M
IMPORTS (2022)$238M
NET TRADE (2022)-$222M

In 2022, Malaysia exported $15.6M in Combustion Engines. The main destinations of Malaysia exports on Combustion Engines were Indonesia ($2.14M), Thailand ($2.02M), Singapore ($1.86M), United Arab Emirates ($1.33M), and United States ($919k).

In 2022, Malaysia imported $238M in Combustion Engines, mainly from Thailand ($106M), Singapore ($35.7M), China ($24.6M), Japan ($19.2M), and United Kingdom ($13.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Combustion Engines EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United Arab Emirates$1.19M (868%)
United States$587k (177%)
Malaysia$436k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Combustion Engines BY Malaysia WERE (2021 - 2022):
China-$966k (-96.5%)
Vietnam-$685k (-98%)
Indonesia-$668k (-23.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Combustion Engines were:
United States $8.39B
Germany $5.58B
Japan $4.24B
In 2022, Malaysia's main importing competitors in Combustion Engines were:
United States $5.93B
Mexico $5.75B
Germany $3.93B

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Trade Value of Combustion Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $1.74M
TOP IMPORT POTENTIALChina+ $12.6M

Combustion Engines’s highest export potential is Thailand. With an export gap of $1.74M.   Combustion Engines’s highest import potential is China with an import gap of $12.6M.

See methodology.

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