Other Heating Machinery in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $523M in Other Heating Machinery, making it the 20th largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 96th most exported product in Malaysia. The main destination of Other Heating Machinery exports from Malaysia are: Indonesia ($153M), Singapore ($81.2M), Germany ($39.7M), United States ($30.7M), and Thailand ($21.9M).

The fastest growing export markets for Other Heating Machinery of Malaysia between 2021 and 2022 were Indonesia ($75.5M), Singapore ($35.5M), and Germany ($33.4M).

Imports In 2022, Malaysia imported $575M in Other Heating Machinery, becoming the 25th largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 92nd most imported product in Malaysia. Malaysia imports Other Heating Machinery primarily from: China ($159M), United States ($68.8M), Vietnam ($49.3M), South Korea ($44.7M), and Germany ($43M).

The fastest growing import markets in Other Heating Machinery for Malaysia between 2021 and 2022 were China ($50.3M), Vietnam ($48.3M), and South Korea ($18.6M).

Latest Trends

September 2020

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Overview In September 2020 Malaysia's Other Heating Machinery exports accounted up to MYR92M and imports accounted up to MYR135M, resulting in a negative trade balance of MYR42.7M. Between September 2019 and September 2020 the exports of Malaysia's Other Heating Machinery have decreased by MYR-41.1M (-30.9%) from MYR133M to MYR92M, while imports decreased by MYR-9.11M (-6.34%) from MYR144M to MYR135M.

Destinations In September 2020, Other Heating Machinery were exported mostly to Singapore (MYR22.4M), Saudi Arabia (MYR13.7M), United States (MYR8.03M), Japan (MYR7.53M), and Thailand (MYR5.75M), and were imported mostly from China (MYR48.2M), Chinese Taipei (MYR14.3M), Germany (MYR13.2M), India (MYR11.4M), and United States (MYR8M).

Growth In September 2020, the decrease in Other Heating Machinery's year-by-year exports was explained primarily by a decrease in exports to China (MYR-3.73M or -76.7%), Vietnam (MYR-2.89M or -59.5%), and Hong Kong (MYR-2.07M or -63.2%). In September 2020, the decrease in Other Heating Machinery's year-by-year imports was explained primarily by a decrease in imports from United States (MYR-25.7M or -48.1%), Belgium (MYR-11.3M or -73.9%), and India (MYR-10.5M or -79.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-41.1M(-30.9%)

IMPORT GROWTH (September 2019 - September 2020)MYR-9.11M(-6.34%)

MAIN DESTINATION (September 2020)SingaporeMYR22.4M

This section shows Other Heating Machinery'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 Other Heating Machinery over time.

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