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2022
Exports $6.57MWorld Rnk 26 / 159
Flag Rnk 696 / 1198
2022
Destination $70.3k China
2021 - 2022
FASTEST GROWING MARKET $70.3kSingapore
2022
PRODUCT COMPLEXITY IN Glass Beads0.61Rnk 316 / 1025
2022
Imports $21MWorld Rnk 24 / 208
Flag Rnk 699 / 1203
2022
Origin $4.21M China
2021 - 2022
FASTEST GROWING ORIGIN $4.21MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $6.57M in Glass Beads, making it the 26th largest exporter of Glass Beads in the world. At the same year, Glass Beads was the 696th most exported product in Malaysia. The main destination of Glass Beads exports from Malaysia are: China ($6.15M), Singapore ($147k), Vietnam ($60.7k), Hungary ($45.3k), and Thailand ($44.6k).

The fastest growing export markets for Glass Beads of Malaysia between 2021 and 2022 were Singapore ($70.3k), Hungary ($44.6k), and Thailand ($40.5k).

Imports In 2022, Malaysia imported $21M in Glass Beads, becoming the 24th largest importer of Glass Beads in the world. At the same year, Glass Beads was the 699th most imported product in Malaysia. Malaysia imports Glass Beads primarily from: China ($17.9M), Japan ($659k), Thailand ($572k), Singapore ($569k), and India ($207k).

The fastest growing import markets in Glass Beads for Malaysia between 2021 and 2022 were China ($4.21M), United States ($121k), and India ($110k).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Glass Beads exports accounted up to MYR3.46M and imports accounted up to MYR3.91M, resulting in a negative trade balance of MYR447k. Between August 2023 and August 2024 the exports of Malaysia's   Glass Beads have increased by MYR623k (22%) from MYR2.84M to MYR3.46M, while imports decreased by MYR-2.91M (-42.7%) from MYR6.81M to MYR3.91M.

Destinations In August 2024, Glass Beads were exported mostly to China (MYR3.38M), Vietnam (MYR35.9k), Indonesia (MYR17.2k), Singapore (MYR10.4k), and Hong Kong (MYR9.13k), and were imported mostly from China (MYR2.31M), Japan (MYR756k), Thailand (MYR160k), Germany (MYR149k), and Australia (MYR146k).

Growth In August 2024, the increase in Glass Beads's year-by-year exports was explained primarily by an increase in exports to China (MYR811k or 42.4%), Burma (MYR35.1k or 308%), and Brunei (MYR14.1k or 267%). In August 2024, the decrease in Glass Beads's year-by-year imports was explained primarily by a decrease in imports from Germany (MYR-431k or -81.2%), China (MYR-337k or -15.5%), and Japan (MYR-294k or -61.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR623k(22%)
IMPORT GROWTH (August 2023 - August 2024)MYR-2.91M(-42.7%)
MAIN DESTINATION (August 2024)ChinaMYR3.38M

This section shows Glass Beads'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 Glass Beads over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.57M
IMPORTS (2022)$21M
NET TRADE (2022)-$14.4M

In 2022, Malaysia exported $6.57M in Glass Beads. The main destinations of Malaysia exports on Glass Beads were China ($6.15M), Singapore ($147k), Vietnam ($60.7k), Hungary ($45.3k), and Thailand ($44.6k).

In 2022, Malaysia imported $21M in Glass Beads, mainly from China ($17.9M), Japan ($659k), Thailand ($572k), Singapore ($569k), and India ($207k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Beads EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$70.3k (91.3%)
Hungary$44.6k (6.16k%)
Thailand$40.5k (997%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Beads BY Malaysia WERE (2021 - 2022):
China-$553k (-8.24%)
South Korea-$262k (-99.8%)
Hong Kong-$24.3k (-69.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Glass Beads were:
China $899M
Czechia $105M
Austria $92M
In 2022, Malaysia's main importing competitors in Glass Beads were:
United States $143M
United Arab Emirates $108M
India $106M

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Trade Value of Glass Beads by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $152k
TOP IMPORT POTENTIALChina+ $774k

Glass Beads’s highest export potential is Singapore. With an export gap of $152k.   Glass Beads’s highest import potential is China with an import gap of $774k.

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