Large Construction Vehicles in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $23.5M in Large Construction Vehicles, making it the 49th largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 494th most exported product in Malaysia. The main destination of Large Construction Vehicles exports from Malaysia are: Papua New Guinea ($10.2M), Solomon Islands ($2.41M), Switzerland ($1.03M), Suriname ($972k), and Vietnam ($934k).

The fastest growing export markets for Large Construction Vehicles of Malaysia between 2021 and 2022 were Solomon Islands ($2.03M), Switzerland ($938k), and Guyana ($853k).

Imports In 2022, Malaysia imported $477M in Large Construction Vehicles, becoming the 29th largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 115th most imported product in Malaysia. Malaysia imports Large Construction Vehicles primarily from: China ($230M), Indonesia ($60.6M), Japan ($57.5M), Thailand ($44.4M), and Singapore ($23.9M).

The fastest growing import markets in Large Construction Vehicles for Malaysia between 2021 and 2022 were China ($111M), Japan ($8.48M), and Indonesia ($8.35M).

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Large Construction Vehicles exports accounted up to MYR7.56M and imports accounted up to MYR67.6M, resulting in a negative trade balance of MYR60M. Between September 2019 and September 2020 the exports of Malaysia's Large Construction Vehicles have increased by MYR3.59M (90.6%) from MYR3.97M to MYR7.56M, while imports decreased by MYR-23.2M (-25.5%) from MYR90.7M to MYR67.6M.

Destinations In September 2020, Large Construction Vehicles were exported mostly to Papua New Guinea (MYR4.79M), Suriname (MYR949k), China (MYR409k), Nigeria (MYR375k), and Singapore (MYR345k), and were imported mostly from China (MYR18M), Japan (MYR11.7M), Indonesia (MYR10.9M), Thailand (MYR9.27M), and United States (MYR7.17M).

Growth In September 2020, the increase in Large Construction Vehicles's year-by-year exports was explained primarily by an increase in exports to Cambodia (MYR2.25M or 2.35k%), Bangladesh (MYR1.94M or 468%), and Suriname (MYR1.67M or 407%). In September 2020, the decrease in Large Construction Vehicles's year-by-year imports was explained primarily by a decrease in imports from Japan (MYR-11.4M or -45.4%), South Korea (MYR-9.53M or -52%), and China (MYR-5.48M or -19.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR3.59M(90.6%)

IMPORT GROWTH (September 2019 - September 2020)MYR-23.2M(-25.5%)

MAIN DESTINATION (September 2020)Papua New GuineaMYR4.79M

This section shows Large Construction Vehicles'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 Large Construction Vehicles over time.

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