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2022
Exports $1.54BWorld Rnk 13 / 207
Flag Rnk 35 / 1198
2022
Destination $181M Belgium
2021 - 2022
FASTEST GROWING MARKET $181MUnited States
2022
PRODUCT COMPLEXITY IN Orthopedic Appliances0.98Rnk 180 / 1025
2022
Imports $315MWorld Rnk 35 / 221
Flag Rnk 157 / 1203
2022
Origin $9.45M United States
2021 - 2022
FASTEST GROWING ORIGIN $9.45MBelgium
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1.54B in Orthopedic Appliances, making it the 13th largest exporter of Orthopedic Appliances in the world. At the same year, Orthopedic Appliances was the 35th most exported product in Malaysia. The main destination of Orthopedic Appliances exports from Malaysia are: Belgium ($450M), United States ($360M), Singapore ($198M), China ($105M), and United Kingdom ($82.6M).

The fastest growing export markets for Orthopedic Appliances of Malaysia between 2021 and 2022 were United States ($181M), China ($61.6M), and United Kingdom ($58.1M).

Imports In 2022, Malaysia imported $315M in Orthopedic Appliances, becoming the 35th largest importer of Orthopedic Appliances in the world. At the same year, Orthopedic Appliances was the 157th most imported product in Malaysia. Malaysia imports Orthopedic Appliances primarily from: United States ($85.6M), Singapore ($45.7M), China ($42.9M), Switzerland ($20.2M), and Denmark ($19.7M).

The fastest growing import markets in Orthopedic Appliances for Malaysia between 2021 and 2022 were Belgium ($9.45M), Sweden ($8.64M), and China ($8.63M).

COMPANIES In 2023, leading companies such as Mattel (1) were at the forefront of shipping Orthopedic Appliances from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Orthopedic Appliances exports accounted up to MYR574M and imports accounted up to MYR130M, resulting in a positive trade balance of MYR443M. Between June 2023 and June 2024 the exports of Malaysia's   Orthopedic Appliances have increased by MYR9.59M (1.7%) from MYR564M to MYR574M, while imports increased by MYR43.5M (50%) from MYR86.9M to MYR130M.

Destinations In June 2024, Orthopedic Appliances were exported mostly to United States (MYR211M), Belgium (MYR177M), Singapore (MYR62.6M), China (MYR39.8M), and United Kingdom (MYR21M), and were imported mostly from Singapore (MYR20.8M), Australia (MYR17.6M), United States (MYR17.3M), China (MYR17.3M), and Switzerland (MYR16.4M).

Growth In June 2024, the increase in Orthopedic Appliances's year-by-year exports was explained primarily by an increase in exports to Belgium (MYR81M or 61.4%), United Kingdom (MYR6.37M or 38.3%), and Australia (MYR5.68M or 134%). In June 2024, the increase in Orthopedic Appliances's year-by-year imports was explained primarily by an increase in imports from Singapore (MYR6.68M or 55.8%), Australia (MYR3.76M or 116%), and Hong Kong (MYR1.67M or 366%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR9.59M(1.7%)
IMPORT GROWTH (June 2023 - June 2024)MYR43.5M(50%)
MAIN DESTINATION (June 2024)United StatesMYR211M

This section shows Orthopedic Appliances'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 Orthopedic Appliances over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.54B
IMPORTS (2022)$315M
NET TRADE (2022)$1.23B

In 2022, Malaysia exported $1.54B in Orthopedic Appliances. The main destinations of Malaysia exports on Orthopedic Appliances were Belgium ($450M), United States ($360M), Singapore ($198M), China ($105M), and United Kingdom ($82.6M).

In 2022, Malaysia imported $315M in Orthopedic Appliances, mainly from United States ($85.6M), Singapore ($45.7M), China ($42.9M), Switzerland ($20.2M), and Denmark ($19.7M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Orthopedic Appliances EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United States$181M (101%)
China$61.6M (142%)
United Kingdom$58.1M (237%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Orthopedic Appliances BY Malaysia WERE (2021 - 2022):
Singapore-$179M (-47.4%)
Russia-$5.47M (-89.8%)
Austria-$5.04M (-95.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Orthopedic Appliances were:
United States $12.2B
Netherlands $9.21B
Switzerland $7.42B
In 2022, Malaysia's main importing competitors in Orthopedic Appliances were:
United States $14.1B
Netherlands $7.77B
Germany $5.39B

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Trade Value of Orthopedic Appliances by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $67.4M
TOP IMPORT POTENTIALSingapore+ $23.6M

Orthopedic Appliances’s highest export potential is United States. With an export gap of $67.4M.   Orthopedic Appliances’s highest import potential is Singapore with an import gap of $23.6M.

See methodology.

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