Key Market Indicators
Malaysia is expected to witness a steady rise in bus imports and exports over the next five years. Imports are projected to grow at a year-on-year average rate of 1.3%, from $109.6 million in 2021 to $120 million in 2026. Since 1994, imports have decreased by 5.8% year-on-year. Exports of buses from Malaysia are predicted to rise at a year-on-year average rate of 3.4%, from $124.1 million in 2021 to $153.7 million in 2026. Since 1994, exports have increased by 0.7% year-on-year. The country ranked 19th in 2021, with Portugal ahead at $124.1 million. China, Germany, and Poland were ranked 2nd, 3rd, and 4th respectively.
