Valves in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $704M in Valves, making it the 27th largest exporter of Valves in the world. At the same year, Valves was the 67th most exported product in Malaysia. The main destination of Valves exports from Malaysia are: Singapore ($145M), China ($119M), United States ($70.9M), South Korea ($41M), and Japan ($27.1M).

The fastest growing export markets for Valves of Malaysia between 2021 and 2022 were Turkey ($26.3M), China ($23.9M), and United States ($15.6M).

Imports In 2022, Malaysia imported $979M in Valves, becoming the 31st largest importer of Valves in the world. At the same year, Valves was the 50th most imported product in Malaysia. Malaysia imports Valves primarily from: China ($315M), United States ($136M), Singapore ($113M), Switzerland ($78.9M), and Japan ($55.7M).

The fastest growing import markets in Valves for Malaysia between 2021 and 2022 were China ($76.2M), Switzerland ($29.2M), and United States ($25.9M).

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Valves exports accounted up to MYR185M and imports accounted up to MYR280M, resulting in a negative trade balance of MYR95.1M. Between September 2019 and September 2020 the exports of Malaysia's Valves have increased by MYR14.4M (8.44%) from MYR170M to MYR185M, while imports decreased by MYR-26.9M (-8.77%) from MYR307M to MYR280M.

Destinations In September 2020, Valves were exported mostly to China (MYR37.5M), Singapore (MYR37.4M), United States (MYR29.4M), United Kingdom (MYR7.45M), and South Korea (MYR6.9M), and were imported mostly from China (MYR66.2M), United States (MYR41M), Italy (MYR26.3M), Singapore (MYR25.1M), and Germany (MYR16.8M).

Growth In September 2020, the increase in Valves's year-by-year exports was explained primarily by an increase in exports to China (MYR2.72M or 16.7%), Netherlands (MYR2.18M or 802%), and Singapore (MYR1.91M or 5.43%). In September 2020, the decrease in Valves's year-by-year imports was explained primarily by a decrease in imports from Japan (MYR-20.5M or -54.5%), Italy (MYR-10.8M or -45%), and Finland (MYR-10M or -95.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR14.4M(8.44%)

IMPORT GROWTH (September 2019 - September 2020)MYR-26.9M(-8.77%)

MAIN DESTINATION (September 2020)ChinaMYR37.5M

This section shows Valves'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 Valves over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$704M

IMPORTS (2022)$979M

NET TRADE (2022)-$275M

In 2022, Malaysia exported $704M in Valves. The main destinations of Malaysia exports on Valves were Singapore ($145M), China ($119M), United States ($70.9M), South Korea ($41M), and Japan ($27.1M).

In 2022, Malaysia imported $979M in Valves, mainly from China ($315M), United States ($136M), Singapore ($113M), Switzerland ($78.9M), and Japan ($55.7M).

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