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2022
Exports $2.49MWorld Rnk 36 / 166
Flag Rnk 844 / 1198
2022
Destination $316k Singapore
2021 - 2022
FASTEST GROWING MARKET $316kIndonesia
2022
PRODUCT COMPLEXITY IN Soldering and Welding Machinery1.33Rnk 87 / 1025
2022
Imports $21.3MWorld Rnk 16 / 214
Flag Rnk 695 / 1203
2022
Origin $5.03M China
2021 - 2022
FASTEST GROWING ORIGIN $5.03MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $2.49M in Soldering and Welding Machinery, making it the 36th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 844th most exported product in Malaysia. The main destination of Soldering and Welding Machinery exports from Malaysia are: Singapore ($571k), China ($478k), Indonesia ($386k), United Kingdom ($150k), and Japan ($139k).

The fastest growing export markets for Soldering and Welding Machinery of Malaysia between 2021 and 2022 were Indonesia ($316k), Singapore ($240k), and United Kingdom ($147k).

Imports In 2022, Malaysia imported $21.3M in Soldering and Welding Machinery, becoming the 16th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 695th most imported product in Malaysia. Malaysia imports Soldering and Welding Machinery primarily from: China ($12.8M), Hong Kong ($3.07M), Singapore ($1.43M), Thailand ($1.2M), and United States ($663k).

The fastest growing import markets in Soldering and Welding Machinery for Malaysia between 2021 and 2022 were China ($5.03M), Hong Kong ($1.58M), and Thailand ($598k).

COMPANIES In 2023, leading companies such as Conair (1) were at the forefront of shipping Soldering and Welding Machinery from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Soldering and Welding Machinery exports accounted up to MYR625k and imports accounted up to MYR3.26M, resulting in a negative trade balance of MYR2.63M. Between June 2023 and June 2024 the exports of Malaysia's   Soldering and Welding Machinery have increased by MYR462k (282%) from MYR164k to MYR625k, while imports decreased by MYR-1.47M (-31.1%) from MYR4.72M to MYR3.26M.

Destinations In June 2024, Soldering and Welding Machinery were exported mostly to United States (MYR201k), Japan (MYR128k), Philippines (MYR105k), Indonesia (MYR78.2k), and Sri Lanka (MYR29.1k), and were imported mostly from China (MYR2.3M), Estonia (MYR254k), Vietnam (MYR225k), France (MYR131k), and Singapore (MYR104k).

Growth In June 2024, the increase in Soldering and Welding Machinery's year-by-year exports was explained primarily by an increase in exports to Singapore (MYR3.11k or 25.4%). In June 2024, the decrease in Soldering and Welding Machinery's year-by-year imports was explained primarily by a decrease in imports from Hong Kong (MYR-1.2M or -99.8%), United Kingdom (MYR-586k or -100%), and United States (MYR-195k or -94.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR462k(282%)
IMPORT GROWTH (June 2023 - June 2024)MYR-1.47M(-31.1%)
MAIN DESTINATION (June 2024)United StatesMYR201k

This section shows Soldering and Welding Machinery'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 Soldering and Welding Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.49M
IMPORTS (2022)$21.3M
NET TRADE (2022)-$18.8M

In 2022, Malaysia exported $2.49M in Soldering and Welding Machinery. The main destinations of Malaysia exports on Soldering and Welding Machinery were Singapore ($571k), China ($478k), Indonesia ($386k), United Kingdom ($150k), and Japan ($139k).

In 2022, Malaysia imported $21.3M in Soldering and Welding Machinery, mainly from China ($12.8M), Hong Kong ($3.07M), Singapore ($1.43M), Thailand ($1.2M), and United States ($663k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Indonesia$316k (456%)
Singapore$240k (72.4%)
United Kingdom$147k (6.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Malaysia WERE (2021 - 2022):
United States-$231k (-79.7%)
Japan-$169k (-54.8%)
Thailand-$139k (-73.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Soldering and Welding Machinery were:
China $328M
Germany $105M
United States $80.1M
In 2022, Malaysia's main importing competitors in Soldering and Welding Machinery were:
United States $183M
Germany $58.6M
Mexico $48M

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Trade Value of Soldering and Welding Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $211k
TOP IMPORT POTENTIALGermany+ $279k

Soldering and Welding Machinery’s highest export potential is China. With an export gap of $211k.   Soldering and Welding Machinery’s highest import potential is Germany with an import gap of $279k.

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