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2022
ExportsfalseWorld Rnk 42 / 208
Flag Rnk 386 / 1198
2021 - 2022
FASTEST GROWING MARKET $1.33MThailand
2022
PRODUCT COMPLEXITY IN Other Engines0.83Rnk 234 / 1025
2022
Origin $7.09M China
2021 - 2022
FASTEST GROWING ORIGIN $7.09MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $46.3M in Other Engines, making it the 42nd largest exporter of Other Engines in the world. At the same year, Other Engines was the 386th most exported product in Malaysia. The main destination of Other Engines exports from Malaysia are: United States ($11.1M), Singapore ($5.27M), India ($3.63M), Thailand ($2.93M), and United Kingdom ($2.88M).

The fastest growing export markets for Other Engines of Malaysia between 2021 and 2022 were Thailand ($1.33M), United States ($982k), and Hungary ($559k).

The fastest growing import markets in Other Engines for Malaysia between 2021 and 2022 were China ($7.09M), United States ($2.04M), and Netherlands ($1.24M).

COMPANIES In 2023, leading companies such as Haas Automation (15) were at the forefront of shipping Other Engines from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Other Engines exports accounted up to MYR21.6M and imports accounted up to MYR64M, resulting in a negative trade balance of MYR42.3M. Between June 2023 and June 2024 the exports of Malaysia's   Other Engines have increased by MYR4.32M (25%) from MYR17.3M to MYR21.6M, while imports increased by MYR16.1M (33.7%) from MYR47.8M to MYR64M.

Destinations In June 2024, Other Engines were exported mostly to United States (MYR7.17M), India (MYR3M), Indonesia (MYR2.5M), Singapore (MYR2.17M), and China (MYR1.38M), and were imported mostly from United States (MYR15.6M), Singapore (MYR9.33M), China (MYR9.01M), Switzerland (MYR7.68M), and Japan (MYR7.23M).

Growth In June 2024, the increase in Other Engines's year-by-year exports was explained primarily by an increase in exports to United States (MYR3.12M or 144%), Singapore (MYR953k or 58.2%), and South Korea (MYR653k or 254%). In June 2024, the increase in Other Engines's year-by-year imports was explained primarily by an increase in imports from Switzerland (MYR2.54M or 426%), United Kingdom (MYR2.35M or 276%), and United States (MYR991k or 18.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR4.32M(25%)
IMPORT GROWTH (June 2023 - June 2024)MYR16.1M(33.7%)
MAIN DESTINATION (June 2024)United StatesMYR7.17M

This section shows Other Engines'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 Other Engines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$46.3M

In 2022, Malaysia exported $46.3M in Other Engines. The main destinations of Malaysia exports on Other Engines were United States ($11.1M), Singapore ($5.27M), India ($3.63M), Thailand ($2.93M), and United Kingdom ($2.88M).

In N/A, Malaysia imported N/A in Other Engines, mainly from China ($29.1M), Singapore ($26.4M), United States ($14.5M), Japan ($10.6M), and Italy ($8.99M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Engines EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Thailand$1.33M (83.1%)
United States$982k (9.75%)
Hungary$559k (35.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Engines BY Malaysia WERE (2021 - 2022):
United Kingdom-$3.05M (-51.5%)
Singapore-$2.73M (-34.1%)
Germany-$1.72M (-67.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Other Engines were:
China $4.52B
United States $3.4B
Germany $3.05B
In 2022, Malaysia's main importing competitors in Other Engines were:
United States $4.79B
Germany $2.57B
China $1.45B

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Trade Value of Other Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.21M
TOP IMPORT POTENTIALChina+ $13.5M

Other Engines’s highest export potential is United States. With an export gap of $7.21M.   Other Engines’s highest import potential is China with an import gap of $13.5M.

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