Batteries in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $260M in Batteries, making it the 9th largest exporter of Batteries in the world. At the same year, Batteries was the 153rd most exported product in Malaysia. The main destination of Batteries exports from Malaysia are: United States ($112M), Singapore ($29.7M), Germany ($24.8M), China ($17.8M), and Slovenia ($15.4M).

The fastest growing export markets for Batteries of Malaysia between 2021 and 2022 were Slovenia ($14.2M), China ($13.2M), and Mexico ($4.47M).

Imports In 2022, Malaysia imported $262M in Batteries, becoming the 12th largest importer of Batteries in the world. At the same year, Batteries was the 181st most imported product in Malaysia. Malaysia imports Batteries primarily from: Singapore ($125M), United States ($32.7M), China ($26.5M), Japan ($26.2M), and Indonesia ($15.9M).

The fastest growing import markets in Batteries for Malaysia between 2021 and 2022 were Japan ($19.3M), Singapore ($9.48M), and Chinese Taipei ($3.34M).

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Batteries exports accounted up to MYR127M and imports accounted up to MYR217M, resulting in a negative trade balance of MYR90M. Between September 2019 and September 2020 the exports of Malaysia's Batteries have increased by MYR41.7M (49%) from MYR85M to MYR127M, while imports increased by MYR67.8M (45.6%) from MYR149M to MYR217M.

Destinations In September 2020, Batteries were exported mostly to United States (MYR45.4M), Germany (MYR21.4M), Singapore (MYR17.7M), China (MYR14.4M), and Vietnam (MYR12.6M), and were imported mostly from China (MYR73.9M), Singapore (MYR68.9M), South Korea (MYR20.4M), Japan (MYR14.4M), and United States (MYR12.4M).

Growth In September 2020, the increase in Batteries's year-by-year exports was explained primarily by an increase in exports to Singapore (MYR12M or 118%), Germany (MYR8.17M or 131%), and Japan (MYR806k or 345%). In September 2020, the increase in Batteries's year-by-year imports was explained primarily by an increase in imports from Singapore (MYR25.7M or 347%), United States (MYR4.25M or 46.3%), and Japan (MYR4.01M or 23.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR41.7M(49%)

IMPORT GROWTH (September 2019 - September 2020)MYR67.8M(45.6%)

MAIN DESTINATION (September 2020)United StatesMYR45.4M

This section shows Batteries'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 Batteries over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$260M

IMPORTS (2022)$262M

NET TRADE (2022)-$2.36M

In 2022, Malaysia exported $260M in Batteries. The main destinations of Malaysia exports on Batteries were United States ($112M), Singapore ($29.7M), Germany ($24.8M), China ($17.8M), and Slovenia ($15.4M).

In 2022, Malaysia imported $262M in Batteries, mainly from Singapore ($125M), United States ($32.7M), China ($26.5M), Japan ($26.2M), and Indonesia ($15.9M).

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