Electric Heaters in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $1.77B in Electric Heaters, making it the 6th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 28th most exported product in Malaysia. The main destination of Electric Heaters exports from Malaysia are: United States ($366M), China ($152M), South Korea ($142M), Poland ($88.9M), and Australia ($70.6M).

The fastest growing export markets for Electric Heaters of Malaysia between 2021 and 2022 were Australia ($30.4M), Poland ($21.9M), and India ($15.2M).

Imports In 2022, Malaysia imported $607M in Electric Heaters, becoming the 28th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 85th most imported product in Malaysia. Malaysia imports Electric Heaters primarily from: China ($486M), Germany ($15.1M), Singapore ($13.3M), United States ($9.92M), and Vietnam ($9.73M).

The fastest growing import markets in Electric Heaters for Malaysia between 2021 and 2022 were China ($33.6M), Germany ($9.05M), and Italy ($5.06M).

Latest Trends

September 2020

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Overview In September 2020 Malaysia's Electric Heaters exports accounted up to MYR699M and imports accounted up to MYR187M, resulting in a positive trade balance of MYR512M. Between September 2019 and September 2020 the exports of Malaysia's Electric Heaters have increased by MYR170M (32.2%) from MYR529M to MYR699M, while imports increased by MYR44M (30.8%) from MYR143M to MYR187M.

Destinations In September 2020, Electric Heaters were exported mostly to United States (MYR170M), China (MYR78.8M), South Korea (MYR57.7M), Japan (MYR49.6M), and United Kingdom (MYR32.4M), and were imported mostly from China (MYR124M), South Korea (MYR17.4M), Thailand (MYR13.6M), Chinese Taipei (MYR4.97M), and Hong Kong (MYR4.84M).

Growth In September 2020, the increase in Electric Heaters's year-by-year exports was explained primarily by an increase in exports to China (MYR29.6M or 116%), South Korea (MYR12.6M or 43.9%), and Germany (MYR5.52M or 116%). In September 2020, the increase in Electric Heaters's year-by-year imports was explained primarily by an increase in imports from China (MYR25M or 32.7%), Indonesia (MYR3.54M or 84.2%), and Hong Kong (MYR1.9M or 89.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR170M(32.2%)

IMPORT GROWTH (September 2019 - September 2020)MYR44M(30.8%)

MAIN DESTINATION (September 2020)United StatesMYR170M

This section shows Electric Heaters'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 Electric Heaters over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.77B

IMPORTS (2022)$607M

NET TRADE (2022)$1.17B

In 2022, Malaysia exported $1.77B in Electric Heaters. The main destinations of Malaysia exports on Electric Heaters were United States ($366M), China ($152M), South Korea ($142M), Poland ($88.9M), and Australia ($70.6M).

In 2022, Malaysia imported $607M in Electric Heaters, mainly from China ($486M), Germany ($15.1M), Singapore ($13.3M), United States ($9.92M), and Vietnam ($9.73M).

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