The value of exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" from Malaysia totalled $ 420 million in 2023. Sales of commodity group 8703 from Malaysia decreased by 17.4% in value terms compared to 2022. exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" decreased by $ 88 million (cumulative exports of commodity group 8703 from Malaysia amounted $509 million in 2022)
Exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" amounted to 0.134% of total exports from Malaysia (cumulative merchandise exports from Malaysia totalled $ 312 billion in 2023). The share of commodity group 8703 in total exports from Malaysia decreased by 0.009 p.p. compared to 2022 (it was 0.144% in 2022 and cumulative exports from Malaysia were equal to $ 352 billion).
Exports of commodity group 8703 amounted to 18.9% of total sales of group "" from Malaysia in 2023 (the value of exports of commodity group from Malaysia amounted to $2.22 billion in 2023). The share of exports of commodity group 8703 in sales of commodity group from Malaysia lowered by 0.569 p.p. compared to 2022 (it was 19.4% in 2022, and exports of commodity group from Malaysia were $2.61 billion).
Where does Malaysia export Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars?
Top export destinations of "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" from Malaysia in 2023:
- Thailand with a share of 61% (257 million US$)
- Philippines with a share of 12.4% (52 million US$)
- Indonesia with a share of 5.81% (24 million US$)
- Vietnam with a share of 5.79% (24 million US$)
- Brunei with a share of 3.05% (12.8 million US$)
- South Africa with a share of 1.37% (5.78 million US$)
- Cambodia with a share of 1.16% (4.91 million US$)
- Mauritius with a share of 1.01% (4.28 million US$)
- Spain - 4.12 million US$
- Fiji - 3.92 million US$
Exports structure of 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars - from Malaysia in 2023 represented by the following main commodity groups:
- 46% (193 million US$): 870323 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1500cc but not >3000cc
- 13.4% (56 million US$): 870322 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1000cc but not >1500cc
- 9.11% (38 million US$): 870332 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >1500cc but not >2500cc
- 0.863% (3.63 million US$): 870321 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. not>1000cc
- 0.589% (2.47 million US$): 870390 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), n.e.s. in 87.03
- 0.572% (2.4 million US$): 870324 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >3000cc
- 0.074% (312 thousand US$): 870333 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >2500cc
- 0.005% (24 thousand US$): 870310 - Vehicles (excl. of 87.02) princ. designed for the tpt. of persons, specially designed for travelling on snow; golf cars & sim. vehicles
The value of imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" to Malaysia totalled $ 1.79 billion in 2023. Sales of commodity group 8703 to Malaysia went up by 19.1% compared to 2022: imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" went up by $ 288 million (the value of imports of commodity group 8703 to Malaysia was equal to $1.5 billion in 2022)
Imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" accounted for 0.675% of total import flow to Malaysia (in 2023, total imports to Malaysia amounted to $ 265 billion). The share of commodity group 8703 in total imports to Malaysia increased by 0.164 p.p. compared to 2022 (it was 0.511% in 2022 and cumulative imports to Malaysia were equal to $ 294 billion).
Imports of commodity group 8703 reached 21% of total imports of group "" to Malaysia in 2023 (imports of commodity group to Malaysia totalled $8.24 billion in 2023). The share of purchases of commodity group 8703 in total imports of commodity group to Malaysia increased by 1.5 p.p. compared to 2022 (it was 20% in 2022, and imports of commodity group to Malaysia accounted for $7.43 billion).
Where does Malaysia import Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars from?
Top trading partners (import of "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars") of Malaysia in 2023:
- Japan with a share of 31% (567 million US$)
- Germany with a share of 31% (559 million US$)
- China with a share of 16.8% (302 million US$)
- Thailand with a share of 8.06% (144 million US$)
- United Kingdom with a share of 3.94% (70 million US$)
- Indonesia with a share of 2.56% (46 million US$)
- Italy with a share of 1.94% (34 million US$)
- USA with a share of 1.51% (27 million US$)
- Korea - 17.6 million US$
- Mexico - 8.33 million US$
Imports structure of 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars - to Malaysia in 2023 represented by the following main commodity groups:
- 43% (788 million US$): 870323 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1500cc but not >3000cc
- 6.4% (114 million US$): 870324 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >3000cc
- 3.05% (54 million US$): 870322 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1000cc but not >1500cc
- 0.903% (16.2 million US$): 870333 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >2500cc
- 0.647% (11.6 million US$): 870332 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >1500cc but not >2500cc
- 0.381% (6.85 million US$): 870321 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. not>1000cc
- 0.204% (3.67 million US$): 870310 - Vehicles (excl. of 87.02) princ. designed for the tpt. of persons, specially designed for travelling on snow; golf cars & sim. vehicles
- 0.022% (398 thousand US$): 870390 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), n.e.s. in 87.03
- 0.001% (33 thousand US$): 870331 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. not >1500cc