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2018
Exports $523MWorld Rnk 20 / 209
Flag Rnk 96 / 1198
2018
Destination $75.5M Indonesia
2021 - 2022
FASTEST GROWING MARKET $75.5MIndonesia
2022
PRODUCT COMPLEXITY IN Other Heating Machinery1.15Rnk 116 / 1025
2018
Imports $575MN/AFlag Rnk 92 / 1203
2018
Origin $50.3MN/A
2021 - 2022
FASTEST GROWING ORIGIN $50.3MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2018, Malaysia exported $523M in Other Heating Machinery, making it the 20th largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 96th most exported product in Malaysia. The main destination of Other Heating Machinery exports from Malaysia are: Indonesia ($153M), Singapore ($81.2M), Germany ($39.7M), United States ($30.7M), and Thailand ($21.9M).

The fastest growing export markets for Other Heating Machinery of Malaysia between 2021 and 2022 were Indonesia ($75.5M), Singapore ($35.5M), and Germany ($33.4M).

Imports In 2018, Malaysia imported $575M in Other Heating Machinery, becoming the N/A largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 92nd most imported product in Malaysia. Malaysia imports Other Heating Machinery primarily from: N/A.

The fastest growing import markets in Other Heating Machinery for Malaysia between 2021 and 2022 were China ($50.3M), Vietnam ($48.3M), and South Korea ($18.6M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Other Heating Machinery exports accounted up to MYR131M and imports accounted up to MYR263M, resulting in a negative trade balance of MYR132M. Between June 2023 and June 2024 the exports of Malaysia's   Other Heating Machinery have decreased by MYR-12.6M (-8.76%) from MYR144M to MYR131M, while imports increased by MYR3.8M (1.47%) from MYR259M to MYR263M.

Destinations In June 2024, Other Heating Machinery were exported mostly to Indonesia (MYR27.4M), Singapore (MYR14.4M), Zambia (MYR12.8M), United States (MYR12.3M), and Saudi Arabia (MYR10.5M), and were imported mostly from China (MYR121M), United States (MYR37.2M), Germany (MYR15.3M), France (MYR13.6M), and Singapore (MYR13.2M).

Growth In June 2024, the decrease in Other Heating Machinery's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Other Heating Machinery's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-12.6M(-8.76%)
IMPORT GROWTH (June 2023 - June 2024)MYR3.8M(1.47%)
MAIN DESTINATION (June 2024)IndonesiaMYR27.4M

This section shows Other Heating Machinery'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 Other Heating Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$523M
IMPORTS (2022)$575M
NET TRADE (2022)-$52.4M

In 2022, Malaysia exported $523M in Other Heating Machinery. The main destinations of Malaysia exports on Other Heating Machinery were Indonesia ($153M), Singapore ($81.2M), Germany ($39.7M), United States ($30.7M), and Thailand ($21.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Indonesia$75.5M (97.6%)
Singapore$35.5M (77.7%)
Germany$33.4M (532%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery BY Malaysia WERE (2021 - 2022):
India-$12.8M (-78.3%)
Vietnam-$12.4M (-60.2%)
China-$5.92M (-40.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Other Heating Machinery were:
China $8.12B
Germany $5.79B
United States $4.51B
In 2022, Malaysia's main importing competitors in Other Heating Machinery were:
United States $7.45B
Germany $3.38B
China $2.56B

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Trade Value of Other Heating Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Other Heating Machinery’s highest export potential is N/A. With an export gap of N/A.   Other Heating Machinery’s highest import potential is N/A with an import gap of N/A.

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