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2022
Exports $219MWorld Rnk 19 / 101
Flag Rnk 173 / 1198
2022
Destination $20.3M India
2021 - 2022
FASTEST GROWING MARKET $20.3MUnited Arab Emirates
2022
PRODUCT COMPLEXITY IN Special Purpose Ships-1.27Rnk 902 / 1025
2022
Imports $226MWorld Rnk 29 / 174
Flag Rnk 218 / 1203
2022
Origin $91.5M China
2021 - 2022
FASTEST GROWING ORIGIN $91.5MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $219M in Special Purpose Ships, making it the 19th largest exporter of Special Purpose Ships in the world. At the same year, Special Purpose Ships was the 173rd most exported product in Malaysia. The main destination of Special Purpose Ships exports from Malaysia are: India ($162M), United Arab Emirates ($20.3M), Philippines ($15.6M), Indonesia ($5.62M), and Thailand ($5.06M).

The fastest growing export markets for Special Purpose Ships of Malaysia between 2021 and 2022 were United Arab Emirates ($20.3M), Philippines ($15.6M), and Egypt ($4.19M).

Imports In 2022, Malaysia imported $226M in Special Purpose Ships, becoming the 29th largest importer of Special Purpose Ships in the world. At the same year, Special Purpose Ships was the 218th most imported product in Malaysia. Malaysia imports Special Purpose Ships primarily from: China ($100M), Thailand ($78.8M), Japan ($19.3M), Vietnam ($16M), and India ($7.73M).

The fastest growing import markets in Special Purpose Ships for Malaysia between 2021 and 2022 were China ($91.5M), Thailand ($78.8M), and Japan ($19.3M).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Special Purpose Ships exports accounted up to MYR44M and imports accounted up to MYR752M, resulting in a negative trade balance of MYR708M. Between August 2023 and August 2024 the exports of Malaysia's   Special Purpose Ships have increased by MYR40.5M (1.15k%) from MYR3.51M to MYR44M, while imports increased by MYR752M (156k%) from MYR481k to MYR752M.

Destinations In August 2024, Special Purpose Ships were exported mostly to United States (MYR29.9M), Indonesia (MYR10.8M), Singapore (MYR1.4M), Angola (MYR1.08M), and Vietnam (MYR790k), and were imported mostly from Indonesia (MYR750M), China (MYR2.11M), and Singapore (MYR22.8k).

Growth In August 2024, the increase in Special Purpose Ships's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the increase in Special Purpose Ships's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR40.5M(1.15k%)
IMPORT GROWTH (August 2023 - August 2024)MYR752M(156k%)
MAIN DESTINATION (August 2024)United StatesMYR29.9M

This section shows Special Purpose Ships'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 Special Purpose Ships over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$219M
IMPORTS (2022)$226M
NET TRADE (2022)-$6.81M

In 2022, Malaysia exported $219M in Special Purpose Ships. The main destinations of Malaysia exports on Special Purpose Ships were India ($162M), United Arab Emirates ($20.3M), Philippines ($15.6M), Indonesia ($5.62M), and Thailand ($5.06M).

In 2022, Malaysia imported $226M in Special Purpose Ships, mainly from China ($100M), Thailand ($78.8M), Japan ($19.3M), Vietnam ($16M), and India ($7.73M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special Purpose Ships EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United Arab Emirates$20.3M (1%)
Philippines$15.6M (106k%)
Egypt$4.19M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Purpose Ships BY Malaysia WERE (2021 - 2022):
Thailand-$101M (-95.2%)
India-$87.2M (-35.1%)
Singapore-$3.28M (-84.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Special Purpose Ships were:
South Korea $7.36B
China $6.67B
Singapore $2.96B
In 2022, Malaysia's main importing competitors in Special Purpose Ships were:
Mozambique $4.48B
Singapore $3.3B
India $3.14B

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Trade Value of Special Purpose Ships by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $4.39M
TOP IMPORT POTENTIALChina+ $10.7M

Special Purpose Ships’s highest export potential is Indonesia. With an export gap of $4.39M.   Special Purpose Ships’s highest import potential is China with an import gap of $10.7M.

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