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2022
Exports $172MWorld Rnk 37 / 216
Flag Rnk 206 / 1198
2022
Destination $7.74M United States
2021 - 2022
FASTEST GROWING MARKET $7.74MUnited States
2022
PRODUCT COMPLEXITY IN Electric Motors0.76Rnk 259 / 1025
2022
Imports $888MWorld Rnk 24 / 226
Flag Rnk 58 / 1203
2022
Origin $17.8M China
2021 - 2022
FASTEST GROWING ORIGIN $17.8MJapan
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $172M in Electric Motors, making it the 37th largest exporter of Electric Motors in the world. At the same year, Electric Motors was the 206th most exported product in Malaysia. The main destination of Electric Motors exports from Malaysia are: United States ($37.8M), Singapore ($22.7M), Japan ($22.5M), Germany ($10.5M), and China ($9.18M).

The fastest growing export markets for Electric Motors of Malaysia between 2021 and 2022 were United States ($7.74M), Mexico ($6.76M), and Singapore ($5.91M).

Imports In 2022, Malaysia imported $888M in Electric Motors, becoming the 24th largest importer of Electric Motors in the world. At the same year, Electric Motors was the 58th most imported product in Malaysia. Malaysia imports Electric Motors primarily from: China ($357M), Singapore ($144M), Philippines ($82.9M), Japan ($44.3M), and United States ($34.7M).

The fastest growing import markets in Electric Motors for Malaysia between 2021 and 2022 were Japan ($17.8M), China ($16.2M), and Philippines ($15.7M).

COMPANIES In 2023, leading companies such as Motorola (4) were at the forefront of shipping Electric Motors from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Electric Motors exports accounted up to MYR69.5M and imports accounted up to MYR325M, resulting in a negative trade balance of MYR256M. Between June 2023 and June 2024 the exports of Malaysia's   Electric Motors have increased by MYR21.3M (44.2%) from MYR48.2M to MYR69.5M, while imports increased by MYR41.4M (14.6%) from MYR284M to MYR325M.

Destinations In June 2024, Electric Motors were exported mostly to United States (MYR23.1M), Singapore (MYR10.9M), Germany (MYR6.82M), Japan (MYR6.74M), and Indonesia (MYR4.45M), and were imported mostly from China (MYR150M), Singapore (MYR67.1M), Philippines (MYR25.4M), Japan (MYR12.1M), and Vietnam (MYR11.9M).

Growth In June 2024, the increase in Electric Motors's year-by-year exports was explained primarily by an increase in exports to Japan (MYR38.3M or 578%), Germany (MYR2.39M or 86.6%), and Brazil (MYR490k or 193%). In June 2024, the increase in Electric Motors's year-by-year imports was explained primarily by an increase in imports from United States (MYR5.58M or 60.2%), South Korea (MYR2.27M or 238%), and Romania (MYR516k or 6.45k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR21.3M(44.2%)
IMPORT GROWTH (June 2023 - June 2024)MYR41.4M(14.6%)
MAIN DESTINATION (June 2024)United StatesMYR23.1M

This section shows Electric Motors'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 Electric Motors over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$172M
IMPORTS (2022)$888M
NET TRADE (2022)-$717M

In 2022, Malaysia exported $172M in Electric Motors. The main destinations of Malaysia exports on Electric Motors were United States ($37.8M), Singapore ($22.7M), Japan ($22.5M), Germany ($10.5M), and China ($9.18M).

In 2022, Malaysia imported $888M in Electric Motors, mainly from China ($357M), Singapore ($144M), Philippines ($82.9M), Japan ($44.3M), and United States ($34.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motors EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United States$7.74M (25.8%)
Mexico$6.76M (365%)
Singapore$5.91M (35.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motors BY Malaysia WERE (2021 - 2022):
Japan-$5.97M (-21%)
Brazil-$2.64M (-64.4%)
Iran-$1.43M (-99.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Electric Motors were:
China $18.4B
Germany $8.51B
Mexico $4.62B
In 2022, Malaysia's main importing competitors in Electric Motors were:
United States $12.1B
Germany $7.08B
China $4.2B

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Trade Value of Electric Motors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $22.3M
TOP IMPORT POTENTIALChina+ $71.1M

Electric Motors’s highest export potential is United States. With an export gap of $22.3M.   Electric Motors’s highest import potential is China with an import gap of $71.1M.

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