The value of exports of commodity group 88 "Aircraft, spacecraft, and parts thereof" from Malaysia totalled $ 1.31 billion in 2023. Sales of commodity group 88 from Malaysia decreased by 7.92% in value terms compared to 2022. exports of commodity group 88 "Aircraft, spacecraft, and parts thereof" decreased by $ 113 million (cumulative exports of commodity group 88 from Malaysia amounted $1.43 billion in 2022)
Exports of commodity group 88 "Aircraft, spacecraft, and parts thereof" amounted to 0.421% of total exports from Malaysia (cumulative merchandise exports from Malaysia totalled $ 312 billion in 2023). The share of commodity group 88 in total exports from Malaysia increased by 0.015 p.p. compared to 2022 (it was 0.405% in 2022 and cumulative exports from Malaysia were equal to $ 352 billion).
Where does Malaysia export Aircraft, spacecraft, and parts thereof?
Top export destinations of "Aircraft, spacecraft, and parts thereof" from Malaysia in 2023:
- USA with a share of 22% (299 million US$)
- China with a share of 15.5% (204 million US$)
- Indonesia with a share of 12.4% (164 million US$)
- Singapore with a share of 6.88% (90 million US$)
- United Kingdom with a share of 6.7% (88 million US$)
- Ireland with a share of 4.53% (59 million US$)
- India with a share of 4.27% (56 million US$)
- Italy with a share of 3.32% (43 million US$)
- France with a share of 3.3% (43 million US$)
- Thailand with a share of 2.62% (34 million US$)
Exports structure of 88 - Aircraft, spacecraft, and parts thereof - from Malaysia in 2023 represented by the following main commodity groups:
- 20% (268 million US$): 8802 - Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles
- 0.459% (6.04 million US$): 8805 - Aircraft launching gear; deck-arrestor or similar gear; ground flying trainers; parts of the foregoing articles.
- 0.025% (336 thousand US$): 8801 - Balloons and dirigibles; gliders, hang gliders and other non-powered aircraft
- 0.019% (258 thousand US$): 8804 - Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto
The value of imports of commodity group 88 "Aircraft, spacecraft, and parts thereof" to Malaysia totalled $ 3.76 billion in 2023. Sales of commodity group 88 to Malaysia decreased by 6.57% in value terms compared to 2022. imports of commodity group 88 "Aircraft, spacecraft, and parts thereof" decreased by $ 265 million (the value of imports of commodity group 88 to Malaysia was equal to $4.03 billion in 2022)
Imports of commodity group 88 "Aircraft, spacecraft, and parts thereof" accounted for 1.41% of total import flow to Malaysia (in 2023, total imports to Malaysia amounted to $ 265 billion). The share of commodity group 88 in total imports to Malaysia increased by 0.048 p.p. compared to 2022 (it was 1.37% in 2022 and cumulative imports to Malaysia were equal to $ 294 billion).
Where does Malaysia import Aircraft, spacecraft, and parts thereof from?
Top trading partners (import of "Aircraft, spacecraft, and parts thereof") of Malaysia in 2023:
- USA with a share of 54% (2.05 billion US$)
- France with a share of 20% (765 million US$)
- China with a share of 6.64% (250 million US$)
- Singapore with a share of 2.52% (95 million US$)
- United Kingdom with a share of 2.51% (94 million US$)
- Italy with a share of 1.82% (68 million US$)
- Germany with a share of 1.5% (56 million US$)
- Turkey with a share of 1.32% (49 million US$)
- Japan - 33 million US$
- Korea - 32 million US$
Imports structure of 88 - Aircraft, spacecraft, and parts thereof - to Malaysia in 2023 represented by the following main commodity groups:
- 30% (1.16 billion US$): 8802 - Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles
- 0.129% (4.87 million US$): 8805 - Aircraft launching gear; deck-arrestor or similar gear; ground flying trainers; parts of the foregoing articles.
- 0.102% (3.86 million US$): 8804 - Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto
- 0.004% (183 thousand US$): 8801 - Balloons and dirigibles; gliders, hang gliders and other non-powered aircraft