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2022
Exports $22.9MWorld Rnk 13 / 130
Flag Rnk 502 / 1198
2022
Destination $4.77M Turkey
2021 - 2022
FASTEST GROWING MARKET $4.77MTurkey
2022
PRODUCT COMPLEXITY IN Tobacco Processing Machines-0.19Rnk 613 / 1025
2022
Imports $18.4MWorld Rnk 19 / 175
Flag Rnk 731 / 1203
2022
Origin $3.04M Germany
2021 - 2022
FASTEST GROWING ORIGIN $3.04MJapan
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $22.9M in Tobacco Processing Machines, making it the 13th largest exporter of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 502nd most exported product in Malaysia. The main destination of Tobacco Processing Machines exports from Malaysia are: Turkey ($6.25M), Germany ($3.63M), Nigeria ($2.19M), Uruguay ($1.96M), and Lebanon ($1.23M).

The fastest growing export markets for Tobacco Processing Machines of Malaysia between 2021 and 2022 were Turkey ($4.77M), Lebanon ($1.23M), and Sudan ($1.19M).

Imports In 2022, Malaysia imported $18.4M in Tobacco Processing Machines, becoming the 19th largest importer of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 731st most imported product in Malaysia. Malaysia imports Tobacco Processing Machines primarily from: Germany ($9.19M), Japan ($3.09M), Hungary ($2.36M), Singapore ($1.22M), and United Arab Emirates ($1.04M).

The fastest growing import markets in Tobacco Processing Machines for Malaysia between 2021 and 2022 were Japan ($3.04M), Germany ($2.82M), and United Arab Emirates ($1.03M).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Tobacco Processing Machines exports accounted up to MYR19.8M and imports accounted up to MYR10.3M, resulting in a positive trade balance of MYR9.57M. Between June 2023 and June 2024 the exports of Malaysia's   Tobacco Processing Machines have increased by MYR2.68M (15.6%) from MYR17.2M to MYR19.8M, while imports decreased by MYR-3.97M (-27.9%) from MYR14.2M to MYR10.3M.

Destinations In June 2024, Tobacco Processing Machines were exported mostly to Germany (MYR8.15M), Zimbabwe (MYR2.78M), United States (MYR1.21M), Indonesia (MYR1.09M), and South Korea (MYR819k), and were imported mostly from Germany (MYR7.78M), Hungary (MYR1.81M), Singapore (MYR441k), Italy (MYR100k), and China (MYR51.7k).

Growth In June 2024, the increase in Tobacco Processing Machines's year-by-year exports was explained primarily by an increase in exports to Germany (MYR268k or 40.6%). In June 2024, the decrease in Tobacco Processing Machines's year-by-year imports was explained primarily by a decrease in imports from China (MYR-34.1k or -15%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR2.68M(15.6%)
IMPORT GROWTH (June 2023 - June 2024)MYR-3.97M(-27.9%)
MAIN DESTINATION (June 2024)GermanyMYR8.15M

This section shows Tobacco Processing Machines'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 Tobacco Processing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$22.9M
IMPORTS (2022)$18.4M
NET TRADE (2022)$4.49M

In 2022, Malaysia exported $22.9M in Tobacco Processing Machines. The main destinations of Malaysia exports on Tobacco Processing Machines were Turkey ($6.25M), Germany ($3.63M), Nigeria ($2.19M), Uruguay ($1.96M), and Lebanon ($1.23M).

In 2022, Malaysia imported $18.4M in Tobacco Processing Machines, mainly from Germany ($9.19M), Japan ($3.09M), Hungary ($2.36M), Singapore ($1.22M), and United Arab Emirates ($1.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tobacco Processing Machines EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Turkey$4.77M (322%)
Lebanon$1.23M (1%)
Sudan$1.19M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tobacco Processing Machines BY Malaysia WERE (2021 - 2022):
Nigeria-$8.2M (-78.9%)
Ukraine-$2.47M (-100%)
Nepal-$2.25M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Malaysia's main exporting competitors in Tobacco Processing Machines were:
Germany $358M
Italy $199M
Netherlands $77.9M
In 2022, Malaysia's main importing competitors in Tobacco Processing Machines were:
Indonesia $97.3M
China $90.5M
United States $83.3M

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Trade Value of Tobacco Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $990k
TOP IMPORT POTENTIALChina+ $303k

Tobacco Processing Machines’s highest export potential is Indonesia. With an export gap of $990k.   Tobacco Processing Machines’s highest import potential is China with an import gap of $303k.

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