Gas Turbines in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $746M in Gas Turbines, making it the 24th largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 65th most exported product in Malaysia. The main destination of Gas Turbines exports from Malaysia are: Nigeria ($172M), United Kingdom ($145M), United States ($92M), Singapore ($69.3M), and India ($66.7M).

The fastest growing export markets for Gas Turbines of Malaysia between 2021 and 2022 were Nigeria ($155M), United States ($68M), and India ($58M).

Imports In 2022, Malaysia imported $1.21B in Gas Turbines, becoming the 25th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 34th most imported product in Malaysia. Malaysia imports Gas Turbines primarily from: Singapore ($410M), United Kingdom ($195M), India ($96.7M), United Arab Emirates ($90.6M), and Germany ($83.4M).

The fastest growing import markets in Gas Turbines for Malaysia between 2021 and 2022 were Singapore ($165M), India ($59.2M), and France ($55.4M).

COMPANIES In 2019, leading companies such as were at the forefront of shipping Gas Turbines from Malaysia to the United States.

Latest Trends

September 2020

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Overview In September 2020 Malaysia's Gas Turbines exports accounted up to MYR93.6M and imports accounted up to MYR152M, resulting in a negative trade balance of MYR58M. Between September 2019 and September 2020 the exports of Malaysia's Gas Turbines have decreased by MYR-61.5M (-39.7%) from MYR155M to MYR93.6M, while imports decreased by MYR-396M (-72.3%) from MYR548M to MYR152M.

Destinations In September 2020, Gas Turbines were exported mostly to Singapore (MYR25.9M), Italy (MYR25.6M), United States (MYR17.5M), Papua New Guinea (MYR9.15M), and Thailand (MYR6.16M), and were imported mostly from United States (MYR66.3M), Italy (MYR17.4M), France (MYR17.1M), Netherlands (MYR10.1M), and China (MYR7.42M).

Growth In September 2020, the decrease in Gas Turbines's year-by-year exports was explained primarily by a decrease in exports to Italy (MYR-19.1M or -93%), Indonesia (MYR-4.17M or -98.2%), and China (MYR-3.33M or -69.5%). In September 2020, the decrease in Gas Turbines's year-by-year imports was explained primarily by a decrease in imports from United States (MYR-58M or -33.6%), France (MYR-34.5M or -40.2%), and Netherlands (MYR-20.3M or -94%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-61.5M(-39.7%)

IMPORT GROWTH (September 2019 - September 2020)MYR-396M(-72.3%)

MAIN DESTINATION (September 2020)SingaporeMYR25.9M

This section shows Gas Turbines'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 Gas Turbines over time.

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