Electrical Lighting and Signalling Equipment in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $294M in Electrical Lighting and Signalling Equipment, making it the 23rd largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 142nd most exported product in Malaysia. The main destination of Electrical Lighting and Signalling Equipment exports from Malaysia are: United States ($62M), Thailand ($48.1M), Mexico ($26.4M), Indonesia ($24.3M), and Japan ($22.8M).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Malaysia between 2021 and 2022 were United States ($25.1M), Czechia ($5.07M), and Thailand ($4.92M).

Imports In 2022, Malaysia imported $371M in Electrical Lighting and Signalling Equipment, becoming the 23rd largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 137th most imported product in Malaysia. Malaysia imports Electrical Lighting and Signalling Equipment primarily from: China ($140M), Thailand ($62.6M), Indonesia ($46.8M), Japan ($33.7M), and Germany ($22.9M).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Malaysia between 2021 and 2022 were China ($34.5M), Indonesia ($27.7M), and Thailand ($11.2M).

COMPANIES In 2023, leading companies such as ReaderLink (5) were at the forefront of shipping Electrical Lighting and Signalling Equipment from Malaysia to the United States.

Latest Trends

June 2024

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Overview In June 2024 Malaysia's Electrical Lighting and Signalling Equipment exports accounted up to MYR71.4M and imports accounted up to MYR112M, resulting in a negative trade balance of MYR40.6M. Between June 2023 and June 2024 the exports of Malaysia's Electrical Lighting and Signalling Equipment have decreased by MYR-21.8M (-23.4%) from MYR93.2M to MYR71.4M, while imports increased by MYR9.18M (8.93%) from MYR103M to MYR112M.

Destinations In June 2024, Electrical Lighting and Signalling Equipment were exported mostly to Thailand (MYR17.5M), Indonesia (MYR10.7M), United States (MYR6.22M), India (MYR5.64M), and Brazil (MYR4.83M), and were imported mostly from China (MYR30M), Thailand (MYR23.6M), Japan (MYR22.6M), Indonesia (MYR7.36M), and Germany (MYR6.27M).

Growth In June 2024, the decrease in Electrical Lighting and Signalling Equipment's year-by-year exports was explained primarily by a decrease in exports to United States (MYR-6.32M or -36%), Singapore (MYR-4.11M or -59.4%), and Brazil (MYR-3.94M or -54.9%). In June 2024, the increase in Electrical Lighting and Signalling Equipment's year-by-year imports was explained primarily by an increase in imports from Vietnam (MYR5.41M or 207%), Indonesia (MYR4.22M or 53.4%), and Thailand (MYR3.98M or 26.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)MYR-21.8M(-23.4%)

IMPORT GROWTH (June 2023 - June 2024)MYR9.18M(8.93%)

MAIN DESTINATION (June 2024)ThailandMYR17.5M

This section shows Electrical Lighting and Signalling Equipment'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 Electrical Lighting and Signalling Equipment over time.

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