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2022
Exports $1.81BWorld Rnk 13 / 221
Flag Rnk 21 / 96
2022
Destination $87.8M South Korea
2021 - 2022
FASTEST GROWING MARKET $87.8MIndia
2022
PRODUCT COMPLEXITY IN Glass & glassware1.31Rnk 92 / 1025
2022
Imports $930MWorld Rnk 27 / 224
Flag Rnk 44 / 96
2022
Origin $40.3M China
2021 - 2022
FASTEST GROWING ORIGIN $40.3MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1.81B in Glass & glassware, making it the 13th largest exporter of Glass & glassware in the world. At the same year, Glass & glassware was the 21st most exported product in Malaysia. The main destination of Glass & glassware exports from Malaysia are: South Korea ($249M), India ($231M), United States ($148M), China ($129M), and Turkey ($120M).

The fastest growing export markets for Glass & glassware of Malaysia between 2021 and 2022 were India ($87.8M), Turkey ($59.2M), and Vietnam ($51.3M).

Imports In 2022, Malaysia imported $930M in Glass & glassware, becoming the 27th largest importer of Glass & glassware in the world. At the same year, Glass & glassware was the 44th most imported product in Malaysia. Malaysia imports Glass & glassware primarily from: China ($466M), Vietnam ($121M), Japan ($74.6M), United States ($50M), and Germany ($45.7M).

The fastest growing import markets in Glass & glassware for Malaysia between 2021 and 2022 were China ($40.3M), Vietnam ($28.5M), and United States ($21.4M).

COMPANIES In 2023, leading companies such as Apex Product Group (1) were at the forefront of shipping Glass & glassware from Malaysia to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Malaysia's Glass & glassware exports accounted up to MYR555M and imports accounted up to MYR230M, resulting in a positive trade balance of MYR325M. Between September 2023 and September 2024 the exports of Malaysia's   Glass & glassware have decreased by MYR-74.4M (-11.8%) from MYR629M to MYR555M, while imports decreased by MYR-73.9M (-24.3%) from MYR304M to MYR230M.

Destinations In September 2024, Glass & glassware were exported mostly to United States (MYR80.1M), India (MYR57.2M), Japan (MYR44M), China (MYR41.9M), and South Korea (MYR39.4M), and were imported mostly from China (MYR70.8M), Japan (MYR29M), Vietnam (MYR29M), Thailand (MYR23.3M), and Indonesia (MYR18.2M).

Growth In September 2024, the decrease in Glass & glassware's year-by-year exports was explained primarily by a decrease in exports to South Korea (MYR-52.7M or -45.7%), China (MYR-16.2M or -40.9%), and Chinese Taipei (MYR-6.73M or -54.2%). In September 2024, the decrease in Glass & glassware's year-by-year imports was explained primarily by a decrease in imports from China (MYR-33.5M or -26.5%), Vietnam (MYR-16.7M or -23%), and Singapore (MYR-16.2M or -76.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR-74.4M(-11.8%)
IMPORT GROWTH (September 2023 - September 2024)MYR-73.9M(-24.3%)
MAIN DESTINATION (September 2024)United StatesMYR80.1M

This section shows Glass & glassware'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 & glassware over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.81B
IMPORTS (2022)$930M
NET TRADE (2022)$884M

In 2022, Malaysia exported $1.81B in Glass & glassware. The main destinations of Malaysia exports on Glass & glassware were South Korea ($249M), India ($231M), United States ($148M), China ($129M), and Turkey ($120M).

In 2022, Malaysia imported $930M in Glass & glassware, mainly from China ($466M), Vietnam ($121M), Japan ($74.6M), United States ($50M), and Germany ($45.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass & glassware EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
India$87.8M (61.4%)
Turkey$59.2M (97.7%)
Vietnam$51.3M (93%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass & glassware BY Malaysia WERE (2021 - 2022):
China-$119M (-48%)
Japan-$25.3M (-21%)
Germany-$16.8M (-17.7%)
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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 & glassware were:
China $25.2B
Germany $7.92B
United States $6.41B
In 2022, Malaysia's main importing competitors in Glass & glassware were:
United States $10.7B
Germany $6.38B
China $4.52B

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Trade Value of Glass & glassware by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $34.9M
TOP IMPORT POTENTIALChina+ $41.8M

Glass & glassware’s highest export potential is China. With an export gap of $34.9M.   Glass & glassware’s highest import potential is China with an import gap of $41.8M.

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