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2022
Exports $1.47BWorld Rnk 15 / 214
Flag Rnk 36 / 1198
2022
Destination $140M Singapore
2021 - 2022
FASTEST GROWING MARKET $140MSingapore
2022
PRODUCT COMPLEXITY IN Jewellery-0.41Rnk 675 / 1025
2022
Imports $1.01BWorld Rnk 21 / 219
Flag Rnk 47 / 1203
2022
Origin $140M India
2021 - 2022
FASTEST GROWING ORIGIN $140MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1.47B in Jewellery, making it the 15th largest exporter of Jewellery in the world. At the same year, Jewellery was the 36th most exported product in Malaysia. The main destination of Jewellery exports from Malaysia are: Singapore ($734M), United Arab Emirates ($535M), Hong Kong ($70.5M), Australia ($58M), and United States ($14.4M).

The fastest growing export markets for Jewellery of Malaysia between 2021 and 2022 were Singapore ($140M), United Arab Emirates ($121M), and Hong Kong ($32.3M).

Imports In 2022, Malaysia imported $1.01B in Jewellery, becoming the 21st largest importer of Jewellery in the world. At the same year, Jewellery was the 47th most imported product in Malaysia. Malaysia imports Jewellery primarily from: India ($183M), China ($150M), United Arab Emirates ($150M), Hong Kong ($144M), and Italy ($96M).

The fastest growing import markets in Jewellery for Malaysia between 2021 and 2022 were China ($140M), India ($90.3M), and United Arab Emirates ($69.8M).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Jewellery exports accounted up to MYR672M and imports accounted up to MYR563M, resulting in a positive trade balance of MYR109M. Between August 2023 and August 2024 the exports of Malaysia's   Jewellery have increased by MYR80.8M (13.7%) from MYR592M to MYR672M, while imports increased by MYR147M (35.4%) from MYR416M to MYR563M.

Destinations In August 2024, Jewellery were exported mostly to United Arab Emirates (MYR283M), Singapore (MYR250M), Thailand (MYR51.9M), Australia (MYR31.2M), and Hong Kong (MYR30.4M), and were imported mostly from Hong Kong (MYR97.2M), United Arab Emirates (MYR89.8M), France (MYR84.4M), Singapore (MYR84.3M), and India (MYR72.5M).

Growth In August 2024, the increase in Jewellery's year-by-year exports was explained primarily by an increase in exports to Canada (MYR7.7M or 126k%), Australia (MYR5.96M or 39.6%), and Thailand (MYR935k or 135%). In August 2024, the increase in Jewellery's year-by-year imports was explained primarily by an increase in imports from United Arab Emirates (MYR18.5M or 56.8%), Italy (MYR13.9M or 225%), and France (MYR11.4M or 71.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR80.8M(13.7%)
IMPORT GROWTH (August 2023 - August 2024)MYR147M(35.4%)
MAIN DESTINATION (August 2024)United Arab EmiratesMYR283M

This section shows Jewellery'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 Jewellery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.47B
IMPORTS (2022)$1.01B
NET TRADE (2022)$461M

In 2022, Malaysia exported $1.47B in Jewellery. The main destinations of Malaysia exports on Jewellery were Singapore ($734M), United Arab Emirates ($535M), Hong Kong ($70.5M), Australia ($58M), and United States ($14.4M).

In 2022, Malaysia imported $1.01B in Jewellery, mainly from India ($183M), China ($150M), United Arab Emirates ($150M), Hong Kong ($144M), and Italy ($96M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jewellery EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Singapore$140M (23.6%)
United Arab Emirates$121M (29.3%)
Hong Kong$32.3M (84.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jewellery BY Malaysia WERE (2021 - 2022):
Saudi Arabia-$8.6M (-38.4%)
Qatar-$7.43M (-41.4%)
United States-$5.49M (-27.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Jewellery were:
China $13.9B
India $12.6B
Switzerland $11.8B
In 2022, Malaysia's main importing competitors in Jewellery were:
Hong Kong $21.1B
United States $15.6B
United Arab Emirates $11B

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Trade Value of Jewellery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $42.4M
TOP IMPORT POTENTIALChina+ $74.3M

Jewellery’s highest export potential is Hong Kong. With an export gap of $42.4M.   Jewellery’s highest import potential is China with an import gap of $74.3M.

See methodology.

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