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2022
ExportsfalseWorld Rnk 11 / 203
Flag Rnk 204 / 1198
2021 - 2022
FASTEST GROWING MARKET $82.4MIceland
2022
PRODUCT COMPLEXITY IN Hydrometers0.82Rnk 240 / 1025
2022
Origin $4.44M China
2021 - 2022
FASTEST GROWING ORIGIN $4.44MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $177M in Hydrometers, making it the 11th largest exporter of Hydrometers in the world. At the same year, Hydrometers was the 204th most exported product in Malaysia. The main destination of Hydrometers exports from Malaysia are: Iceland ($115M), Switzerland ($12M), United States ($7.52M), China ($4.47M), and Hong Kong ($4.42M).

The fastest growing export markets for Hydrometers of Malaysia between 2021 and 2022 were Iceland ($82.4M), Hong Kong ($4.23M), and China ($3.38M).

The fastest growing import markets in Hydrometers for Malaysia between 2021 and 2022 were China ($4.44M), Canada ($3.73M), and United States ($3.3M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Hydrometers exports accounted up to MYR19.1M and imports accounted up to MYR45.7M, resulting in a negative trade balance of MYR26.6M. Between June 2023 and June 2024 the exports of Malaysia's   Hydrometers have decreased by MYR-6.07M (-24.1%) from MYR25.2M to MYR19.1M, while imports increased by MYR19.6M (75.1%) from MYR26.1M to MYR45.7M.

Destinations In June 2024, Hydrometers were exported mostly to United States (MYR6.71M), Switzerland (MYR5.06M), Singapore (MYR2.47M), Netherlands (MYR1.22M), and Chinese Taipei (MYR490k), and were imported mostly from Singapore (MYR30.6M), China (MYR4.46M), United States (MYR3.8M), United Kingdom (MYR1.77M), and Germany (MYR1.03M).

Growth In June 2024, the decrease in Hydrometers's year-by-year exports was explained primarily by a decrease in exports to Iceland (MYR-57.3M or -78%), Switzerland (MYR-3.84M or -72.1%), and Netherlands (MYR-695k or -80.6%). In June 2024, the increase in Hydrometers's year-by-year imports was explained primarily by an increase in imports from Mexico (MYR370k or 183%), Finland (MYR227k or 98.1%), and Ireland (MYR204k or 2.62k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-6.07M(-24.1%)
IMPORT GROWTH (June 2023 - June 2024)MYR19.6M(75.1%)
MAIN DESTINATION (June 2024)United StatesMYR6.71M

This section shows Hydrometers'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 Hydrometers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$177M

In 2022, Malaysia exported $177M in Hydrometers. The main destinations of Malaysia exports on Hydrometers were Iceland ($115M), Switzerland ($12M), United States ($7.52M), China ($4.47M), and Hong Kong ($4.42M).

In N/A, Malaysia imported N/A in Hydrometers, mainly from China ($25M), United States ($10.5M), Singapore ($6.53M), Canada ($3.93M), and Germany ($3.52M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrometers EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Iceland$82.4M (255%)
Hong Kong$4.23M (2.21k%)
China$3.38M (308%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrometers BY Malaysia WERE (2021 - 2022):
Bulgaria-$3.52M (-47.3%)
South Korea-$2.02M (-42%)
India-$1.09M (-59%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Hydrometers were:
China $1.72B
Germany $1.01B
United States $961M
In 2022, Malaysia's main importing competitors in Hydrometers were:
United States $1.28B
Germany $814M
China $580M

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Trade Value of Hydrometers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.53M
TOP IMPORT POTENTIALChina+ $6.69M

Hydrometers’s highest export potential is China. With an export gap of $5.53M.   Hydrometers’s highest import potential is China with an import gap of $6.69M.

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