2022
Exports
$371MWorld Rnk 28 / 213
Flag Rnk 124 / 1198
2022
PRODUCT COMPLEXITY IN Refrigerators
0.56Rnk 339 / 1025
2022
Imports
$482MWorld Rnk 30 / 224
Flag Rnk 113 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $371M in Refrigerators, making it the 28th largest exporter of Refrigerators in the world. At the same year, Refrigerators was the 124th most exported product in Malaysia. The main destination of Refrigerators exports from Malaysia are: Singapore ($90.5M), Germany ($34.3M), France ($27.2M), Australia ($25.7M), and United States ($18.3M).

The fastest growing export markets for Refrigerators of Malaysia between 2021 and 2022 were Poland ($10.8M), Australia ($9.81M), and United Kingdom ($4.26M).

Imports In 2022, Malaysia imported $482M in Refrigerators, becoming the 30th largest importer of Refrigerators in the world. At the same year, Refrigerators was the 113th most imported product in Malaysia. Malaysia imports Refrigerators primarily from: China ($296M), Thailand ($88.6M), United States ($27.4M), Vietnam ($20.1M), and Indonesia ($14.1M).

The fastest growing import markets in Refrigerators for Malaysia between 2021 and 2022 were China ($27.8M), United States ($11.1M), and Vietnam ($6.42M).

COMPANIES In 2023, leading companies such as Electrolux (1), Motorola (1), and Panasonic (1) were at the forefront of shipping Refrigerators from Malaysia to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR3.42M(3.2%)
IMPORT GROWTH (June 2023 - June 2024)MYR26.3M(21.1%)
MAIN DESTINATION (June 2024)SingaporeMYR32.5M

This section shows Refrigerators'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 Refrigerators over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$371M
IMPORTS (2022)$482M
NET TRADE (2022)-$112M

In 2022, Malaysia exported $371M in Refrigerators. The main destinations of Malaysia exports on Refrigerators were Singapore ($90.5M), Germany ($34.3M), France ($27.2M), Australia ($25.7M), and United States ($18.3M).

In 2022, Malaysia imported $482M in Refrigerators, mainly from China ($296M), Thailand ($88.6M), United States ($27.4M), Vietnam ($20.1M), and Indonesia ($14.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refrigerators EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Poland$10.8M (165%)
Australia$9.81M (61.6%)
United Kingdom$4.26M (41.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refrigerators BY Malaysia WERE (2021 - 2022):
Singapore-$18.9M (-17.3%)
Germany-$14.9M (-30.3%)
Austria-$2.05M (-40.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Refrigerators were:
China $16.7B
Mexico $7.06B
Italy $4.21B
In 2022, Malaysia's main importing competitors in Refrigerators were:

Explore Visualizations

Trade Value of Refrigerators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $28.7M
TOP IMPORT POTENTIALChina+ $45.3M

Refrigerators’s highest export potential is United States. With an export gap of $28.7M.   Refrigerators’s highest import potential is China with an import gap of $45.3M.

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