Engine Parts in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $64.8M in Engine Parts, making it the 49th largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 335th most exported product in Malaysia. The main destination of Engine Parts exports from Malaysia are: Singapore ($21.7M), Thailand ($6.49M), France ($6.14M), United States ($4.6M), and Indonesia ($4.18M).

The fastest growing export markets for Engine Parts of Malaysia between 2021 and 2022 were France ($4.5M), United States ($3.7M), and China ($1.42M).

Imports In 2022, Malaysia imported $330M in Engine Parts, becoming the 31st largest importer of Engine Parts in the world. At the same year, Engine Parts was the 150th most imported product in Malaysia. Malaysia imports Engine Parts primarily from: China ($70.3M), Thailand ($69.7M), Japan ($57.4M), Germany ($31.5M), and Indonesia ($28.9M).

The fastest growing import markets in Engine Parts for Malaysia between 2021 and 2022 were Thailand ($19.7M), China ($15.6M), and Indonesia ($8.29M).

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Engine Parts exports accounted up to MYR14.7M and imports accounted up to MYR121M, resulting in a negative trade balance of MYR107M. Between September 2019 and September 2020 the exports of Malaysia's Engine Parts have decreased by MYR-8.18M (-35.7%) from MYR22.9M to MYR14.7M, while imports increased by MYR15.1M (14.3%) from MYR106M to MYR121M.

Destinations In September 2020, Engine Parts were exported mostly to Thailand (MYR4.74M), Singapore (MYR3.94M), Papua New Guinea (MYR1.96M), Mexico (MYR673k), and Hong Kong (MYR506k), and were imported mostly from Indonesia (MYR47.2M), Japan (MYR18.5M), Thailand (MYR17.1M), China (MYR10.3M), and Germany (MYR5.64M).

Growth In September 2020, the decrease in Engine Parts's year-by-year exports was explained primarily by a decrease in exports to Mexico (MYR-2.35M or -46.8%), Indonesia (MYR-1.91M or -44%), and United Arab Emirates (MYR-597k or -43.9%). In September 2020, the increase in Engine Parts's year-by-year imports was explained primarily by an increase in imports from Germany (MYR5.66M or 152%), United States (MYR5.57M or 113%), and Japan (MYR5.36M or 32.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-8.18M(-35.7%)

IMPORT GROWTH (September 2019 - September 2020)MYR15.1M(14.3%)

MAIN DESTINATION (September 2020)ThailandMYR4.74M

This section shows Engine Parts'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 Engine Parts over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$64.8M

IMPORTS (2022)$330M

NET TRADE (2022)-$265M

In 2022, Malaysia exported $64.8M in Engine Parts. The main destinations of Malaysia exports on Engine Parts were Singapore ($21.7M), Thailand ($6.49M), France ($6.14M), United States ($4.6M), and Indonesia ($4.18M).

In 2022, Malaysia imported $330M in Engine Parts, mainly from China ($70.3M), Thailand ($69.7M), Japan ($57.4M), Germany ($31.5M), and Indonesia ($28.9M).

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