Motor vehicles; parts and accessories (8701 to 8705) in Malaysia

About

Exports In 2022, Malaysia exported $1.01B in Motor vehicles; parts and accessories (8701 to 8705), making it the 33rd largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 52nd most exported product in Malaysia. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Malaysia are: Thailand ($126M), Singapore ($95.3M), Indonesia ($78.3M), Japan ($66.9M), and United States ($66.2M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Malaysia between 2021 and 2022 were Indonesia ($28M), India ($15.8M), and Thailand ($15.6M).

Imports In 2022, Malaysia imported $4.12B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 26th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 8th most imported product in Malaysia. Malaysia imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: China ($1.1B), Thailand ($897M), Japan ($758M), Indonesia ($401M), and Germany ($354M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Malaysia between 2021 and 2022 were China ($284M), Thailand ($234M), and Japan ($169M).

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Motor vehicles; parts and accessories (8701 to 8705) exports accounted up to MYR403M and imports accounted up to MYR863M, resulting in a negative trade balance of MYR461M. Between September 2019 and September 2020 the exports of Malaysia's Motor vehicles; parts and accessories (8701 to 8705) have decreased by MYR-115M (-22.2%) from MYR518M to MYR403M, while imports decreased by MYR-50.4M (-5.52%) from MYR914M to MYR863M.

Destinations In September 2020, Motor vehicles; parts and accessories (8701 to 8705) were exported mostly to Philippines (MYR47.3M), Singapore (MYR42.5M), Thailand (MYR36.4M), Chinese Taipei (MYR34.2M), and Australia (MYR31.9M), and were imported mostly from Thailand (MYR249M), Japan (MYR197M), China (MYR130M), Germany (MYR120M), and Indonesia (MYR78.2M).

Growth In September 2020, the decrease in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year exports was explained primarily by a decrease in exports to China (MYR-15.5M or -60.9%), Indonesia (MYR-10.4M or -37.1%), and United Kingdom (MYR-5.59M or -48%). In September 2020, the decrease in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year imports was explained primarily by a decrease in imports from China (MYR-15.6M or -11.9%), United States (MYR-10.7M or -63.3%), and United Kingdom (MYR-5.19M or -33.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-115M(-22.2%)

IMPORT GROWTH (September 2019 - September 2020)MYR-50.4M(-5.52%)

MAIN DESTINATION (September 2020)PhilippinesMYR47.3M

This section shows Motor vehicles; parts and accessories (8701 to 8705)'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 Motor vehicles; parts and accessories (8701 to 8705) over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download