Sign In
Pricing

2022
Exports $992MWorld Rnk 8 / 214
Flag Rnk 54 / 1198
2022
Destination $79.8M Thailand
2021 - 2022
FASTEST GROWING MARKET $79.8MThailand
2022
PRODUCT COMPLEXITY IN Thermostats1.04Rnk 157 / 1025
2022
Imports $421MWorld Rnk 24 / 223
Flag Rnk 127 / 1203
2022
Origin $42.9M China
2021 - 2022
FASTEST GROWING ORIGIN $42.9MJapan
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $992M in Thermostats, making it the 8th largest exporter of Thermostats in the world. At the same year, Thermostats was the 54th most exported product in Malaysia. The main destination of Thermostats exports from Malaysia are: Thailand ($286M), United States ($248M), Japan ($68.4M), Singapore ($53M), and Chinese Taipei ($40.5M).

The fastest growing export markets for Thermostats of Malaysia between 2021 and 2022 were Thailand ($79.8M), United States ($39M), and Singapore ($20.9M).

Imports In 2022, Malaysia imported $421M in Thermostats, becoming the 24th largest importer of Thermostats in the world. At the same year, Thermostats was the 127th most imported product in Malaysia. Malaysia imports Thermostats primarily from: China ($96.1M), Japan ($93.6M), United States ($61.2M), Thailand ($41.1M), and Singapore ($24M).

The fastest growing import markets in Thermostats for Malaysia between 2021 and 2022 were Japan ($42.9M), China ($27.4M), and South Korea ($9.93M).

COMPANIES In 2023, leading companies such as Wistron (58), Motorola (13), and Electrolux (3) were at the forefront of shipping Thermostats from Malaysia to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Thermostats exports accounted up to MYR348M and imports accounted up to MYR144M, resulting in a positive trade balance of MYR203M. Between June 2023 and June 2024 the exports of Malaysia's   Thermostats have decreased by MYR-4.68M (-1.33%) from MYR352M to MYR348M, while imports decreased by MYR-20.6M (-12.5%) from MYR165M to MYR144M.

Destinations In June 2024, Thermostats were exported mostly to Thailand (MYR103M), United States (MYR79.6M), Singapore (MYR43.8M), Indonesia (MYR29.2M), and Japan (MYR21.5M), and were imported mostly from Japan (MYR28.7M), China (MYR26.3M), Singapore (MYR19.5M), United States (MYR16.2M), and Philippines (MYR12.9M).

Growth In June 2024, the decrease in Thermostats's year-by-year exports was explained primarily by a decrease in exports to South Africa (MYR-7.75M or -39.3%), Canada (MYR-3.86M or -63.5%), and India (MYR-3.62M or -44.3%). In June 2024, the decrease in Thermostats's year-by-year imports was explained primarily by a decrease in imports from China (MYR-5.19M or -14.5%), Singapore (MYR-2.45M or -52.9%), and United States (MYR-1.85M or -9.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-4.68M(-1.33%)
IMPORT GROWTH (June 2023 - June 2024)MYR-20.6M(-12.5%)
MAIN DESTINATION (June 2024)ThailandMYR103M

This section shows Thermostats'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 Thermostats over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$992M
IMPORTS (2022)$421M
NET TRADE (2022)$571M

In 2022, Malaysia exported $992M in Thermostats. The main destinations of Malaysia exports on Thermostats were Thailand ($286M), United States ($248M), Japan ($68.4M), Singapore ($53M), and Chinese Taipei ($40.5M).

In 2022, Malaysia imported $421M in Thermostats, mainly from China ($96.1M), Japan ($93.6M), United States ($61.2M), Thailand ($41.1M), and Singapore ($24M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Thailand$79.8M (38.7%)
United States$39M (18.7%)
Singapore$20.9M (65.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Malaysia WERE (2021 - 2022):
Argentina-$1.94M (-50.3%)
Spain-$1.74M (-29.3%)
Brunei-$1.63M (-82.5%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Thermostats were:
Japan $5.66B
China $5.61B
Germany $4.45B
In 2022, Malaysia's main importing competitors in Thermostats were:
United States $6.78B
China $3.47B
Germany $3B

Explore Visualizations

Trade Value of Thermostats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $34.6M
TOP IMPORT POTENTIALChina+ $28.1M

Thermostats’s highest export potential is China. With an export gap of $34.6M.   Thermostats’s highest import potential is China with an import gap of $28.1M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms