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2022
Exports $7.1MWorld Rnk 30 / 127
Flag Rnk 683 / 1198
2022
Destination $1.45M United States
2021 - 2022
FASTEST GROWING MARKET $1.45MHungary
2022
PRODUCT COMPLEXITY IN Vending Machines0.65Rnk 296 / 1025
2022
Imports $26.1MWorld Rnk 19 / 202
Flag Rnk 649 / 1203
2022
Origin $9.23M China
2021 - 2022
FASTEST GROWING ORIGIN $9.23MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $7.1M in Vending Machines, making it the 30th largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 683rd most exported product in Malaysia. The main destination of Vending Machines exports from Malaysia are: United States ($2.35M), Hungary ($1.45M), Singapore ($523k), Canada ($501k), and India ($331k).

The fastest growing export markets for Vending Machines of Malaysia between 2021 and 2022 were Hungary ($1.45M), United States ($871k), and Canada ($477k).

Imports In 2022, Malaysia imported $26.1M in Vending Machines, becoming the 19th largest importer of Vending Machines in the world. At the same year, Vending Machines was the 649th most imported product in Malaysia. Malaysia imports Vending Machines primarily from: China ($14.8M), Switzerland ($6.47M), Chinese Taipei ($1M), Italy ($967k), and Japan ($674k).

The fastest growing import markets in Vending Machines for Malaysia between 2021 and 2022 were China ($9.23M), Switzerland ($2.44M), and Sweden ($326k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Vending Machines exports accounted up to MYR257k and imports accounted up to MYR5.39M, resulting in a negative trade balance of MYR5.13M. Between June 2023 and June 2024 the exports of Malaysia's   Vending Machines have decreased by MYR-17.4k (-6.32%) from MYR275k to MYR257k, while imports decreased by MYR-1.4M (-20.7%) from MYR6.79M to MYR5.39M.

Destinations In June 2024, Vending Machines were exported mostly to Indonesia (MYR174k), Thailand (MYR40.2k), Singapore (MYR30.8k), Hong Kong (MYR7.17k), and Japan (MYR5.33k), and were imported mostly from China (MYR3.86M), Italy (MYR577k), Thailand (MYR521k), Chinese Taipei (MYR249k), and Germany (MYR106k).

Growth In June 2024, the decrease in Vending Machines's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-56.4k or -99.7%). In June 2024, the decrease in Vending Machines's year-by-year imports was explained primarily by a decrease in imports from Sweden (MYR-603k or -99.5%), Thailand (MYR-595k or -95.5%), and United States (MYR-80.8k or -58.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-17.4k(-6.32%)
IMPORT GROWTH (June 2023 - June 2024)MYR-1.4M(-20.7%)
MAIN DESTINATION (June 2024)IndonesiaMYR174k

This section shows Vending 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 Vending Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.1M
IMPORTS (2022)$26.1M
NET TRADE (2022)-$19M

In 2022, Malaysia exported $7.1M in Vending Machines. The main destinations of Malaysia exports on Vending Machines were United States ($2.35M), Hungary ($1.45M), Singapore ($523k), Canada ($501k), and India ($331k).

In 2022, Malaysia imported $26.1M in Vending Machines, mainly from China ($14.8M), Switzerland ($6.47M), Chinese Taipei ($1M), Italy ($967k), and Japan ($674k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Hungary$1.45M (1%)
United States$871k (58.9%)
Canada$477k (1.98k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY Malaysia WERE (2021 - 2022):
France-$140k (-84.2%)
Singapore-$129k (-19.8%)
Tanzania-$118k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Vending Machines were:
Italy $419M
China $384M
United States $89.1M
In 2022, Malaysia's main importing competitors in Vending Machines were:
United States $248M
France $149M
Germany $137M

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Trade Value of Vending Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $410k
TOP IMPORT POTENTIALItaly+ $646k

Vending Machines’s highest export potential is United States. With an export gap of $410k.   Vending Machines’s highest import potential is Italy with an import gap of $646k.

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