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2022
Exports $182MWorld Rnk 19 / 187
Flag Rnk 197 / 1198
2022
Destination $27.3M United States
2021 - 2022
FASTEST GROWING MARKET $27.3MUnited States
2022
PRODUCT COMPLEXITY IN Rubberworking Machinery1.71Rnk 22 / 1025
2022
Imports $407MWorld Rnk 21 / 213
Flag Rnk 131 / 1203
2022
Origin $10.3M China
2021 - 2022
FASTEST GROWING ORIGIN $10.3MAustria
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $182M in Rubberworking Machinery, making it the 19th largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 197th most exported product in Malaysia. The main destination of Rubberworking Machinery exports from Malaysia are: United States ($38.7M), Thailand ($18.8M), China ($13.9M), India ($13.3M), and Japan ($12.1M).

The fastest growing export markets for Rubberworking Machinery of Malaysia between 2021 and 2022 were United States ($27.3M), France ($10.9M), and Japan ($9.52M).

Imports In 2022, Malaysia imported $407M in Rubberworking Machinery, becoming the 21st largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 131st most imported product in Malaysia. Malaysia imports Rubberworking Machinery primarily from: China ($207M), Germany ($40.7M), Japan ($38.9M), Austria ($27.8M), and Chinese Taipei ($26.8M).

The fastest growing import markets in Rubberworking Machinery for Malaysia between 2021 and 2022 were Austria ($10.3M), Chinese Taipei ($5.68M), and South Korea ($5.66M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Rubberworking Machinery exports accounted up to MYR41.6M and imports accounted up to MYR130M, resulting in a negative trade balance of MYR88.8M. Between June 2023 and June 2024 the exports of Malaysia's   Rubberworking Machinery have increased by MYR6.37M (18.1%) from MYR35.2M to MYR41.6M, while imports increased by MYR19.1M (17.2%) from MYR111M to MYR130M.

Destinations In June 2024, Rubberworking Machinery were exported mostly to Cote d'Ivoire (MYR10.3M), United States (MYR8.73M), Singapore (MYR4.65M), Chinese Taipei (MYR4.38M), and Indonesia (MYR2.96M), and were imported mostly from China (MYR46.7M), Germany (MYR25.6M), Singapore (MYR10.1M), Czechia (MYR8.68M), and Japan (MYR8.1M).

Growth In June 2024, the increase in Rubberworking Machinery's year-by-year exports was explained primarily by an increase in exports to India (MYR3.53M or 128%), Japan (MYR3.46M or 1.23k%), and Iran (MYR1.6M or 401%). In June 2024, the increase in Rubberworking Machinery's year-by-year imports was explained primarily by an increase in imports from Austria (MYR18.5M or 6.23k%), South Korea (MYR12.3M or 186%), and Italy (MYR1.58M or 41.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR6.37M(18.1%)
IMPORT GROWTH (June 2023 - June 2024)MYR19.1M(17.2%)
MAIN DESTINATION (June 2024)Cote d'IvoireMYR10.3M

This section shows Rubberworking 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 Rubberworking Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$182M
IMPORTS (2022)$407M
NET TRADE (2022)-$224M

In 2022, Malaysia exported $182M in Rubberworking Machinery. The main destinations of Malaysia exports on Rubberworking Machinery were United States ($38.7M), Thailand ($18.8M), China ($13.9M), India ($13.3M), and Japan ($12.1M).

In 2022, Malaysia imported $407M in Rubberworking Machinery, mainly from China ($207M), Germany ($40.7M), Japan ($38.9M), Austria ($27.8M), and Chinese Taipei ($26.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United States$27.3M (239%)
France$10.9M (1.24k%)
Japan$9.52M (363%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Malaysia WERE (2021 - 2022):
China-$10.5M (-43%)
Thailand-$7.41M (-28.3%)
Chinese Taipei-$6.48M (-90.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Rubberworking Machinery were:
China $7.21B
Germany $5.5B
Japan $2.29B
In 2022, Malaysia's main importing competitors in Rubberworking Machinery were:
United States $4B
China $2.82B
Germany $1.66B

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Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $14.3M
TOP IMPORT POTENTIALChina+ $11.1M

Rubberworking Machinery’s highest export potential is China. With an export gap of $14.3M.   Rubberworking Machinery’s highest import potential is China with an import gap of $11.1M.

See methodology.

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