Insulated Wire in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $1.09B in Insulated Wire, making it the 33rd largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 50th most exported product in Malaysia. The main destination of Insulated Wire exports from Malaysia are: Singapore ($226M), Thailand ($135M), United States ($129M), Japan ($111M), and Vietnam ($51M).

The fastest growing export markets for Insulated Wire of Malaysia between 2021 and 2022 were United States ($17.1M), Australia ($13.9M), and Singapore ($10.4M).

Imports In 2022, Malaysia imported $1.37B in Insulated Wire, becoming the 30th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 31st most imported product in Malaysia. Malaysia imports Insulated Wire primarily from: China ($717M), United States ($146M), Germany ($82M), Singapore ($80.5M), and Thailand ($56.4M).

The fastest growing import markets in Insulated Wire for Malaysia between 2021 and 2022 were China ($115M), Vietnam ($20.6M), and United States ($20.3M).

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Insulated Wire exports accounted up to MYR264M and imports accounted up to MYR325M, resulting in a negative trade balance of MYR60.9M. Between September 2019 and September 2020 the exports of Malaysia's Insulated Wire have decreased by MYR-11.1M (-4.03%) from MYR275M to MYR264M, while imports increased by MYR23.2M (7.68%) from MYR302M to MYR325M.

Destinations In September 2020, Insulated Wire were exported mostly to Singapore (MYR56.2M), Japan (MYR28.6M), United States (MYR27.7M), Thailand (MYR26.3M), and Vietnam (MYR23.5M), and were imported mostly from China (MYR167M), United States (MYR23.6M), Germany (MYR20.3M), Thailand (MYR16.4M), and Chinese Taipei (MYR11.8M).

Growth In September 2020, the decrease in Insulated Wire's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-9.71M or -13.3%), Chinese Taipei (MYR-6.15M or -74.5%), and Hong Kong (MYR-5.05M or -36.1%). In September 2020, the increase in Insulated Wire's year-by-year imports was explained primarily by an increase in imports from China (MYR19.1M or 15.6%), Japan (MYR7.81M or 63.9%), and Italy (MYR6.73M or 372%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-11.1M(-4.03%)

IMPORT GROWTH (September 2019 - September 2020)MYR23.2M(7.68%)

MAIN DESTINATION (September 2020)SingaporeMYR56.2M

This section shows Insulated Wire'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 Insulated Wire over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.09B

IMPORTS (2022)$1.37B

NET TRADE (2022)-$276M

In 2022, Malaysia exported $1.09B in Insulated Wire. The main destinations of Malaysia exports on Insulated Wire were Singapore ($226M), Thailand ($135M), United States ($129M), Japan ($111M), and Vietnam ($51M).

In 2022, Malaysia imported $1.37B in Insulated Wire, mainly from China ($717M), United States ($146M), Germany ($82M), Singapore ($80.5M), and Thailand ($56.4M).

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