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Pricing

2022
Exports $835kWorld Rnk 51 / 161
Flag Rnk 961 / 1198
2022
Destination $328k Hong Kong
2021 - 2022
FASTEST GROWING MARKET $328kHong Kong
2022
PRODUCT COMPLEXITY IN Pearl Products-0.51Rnk 707 / 1025
2022
Imports $7.59MWorld Rnk 32 / 200
Flag Rnk 878 / 1203
2022
Origin $1.47M China
2021 - 2022
FASTEST GROWING ORIGIN $1.47MUnited States
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $835k in Pearl Products, making it the 51st largest exporter of Pearl Products in the world. At the same year, Pearl Products was the 961st most exported product in Malaysia. The main destination of Pearl Products exports from Malaysia are: Hong Kong ($488k), Macau ($127k), Singapore ($92.3k), Germany ($65k), and United States ($28.5k).

The fastest growing export markets for Pearl Products of Malaysia between 2021 and 2022 were Hong Kong ($328k), Macau ($127k), and Germany ($62.1k).

Imports In 2022, Malaysia imported $7.59M in Pearl Products, becoming the 32nd largest importer of Pearl Products in the world. At the same year, Pearl Products was the 878th most imported product in Malaysia. Malaysia imports Pearl Products primarily from: China ($3.76M), United States ($2.01M), Hong Kong ($360k), Germany ($329k), and South Korea ($184k).

The fastest growing import markets in Pearl Products for Malaysia between 2021 and 2022 were United States ($1.47M), China ($837k), and Hong Kong ($161k).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Pearl Products exports accounted up to MYR41.3k and imports accounted up to MYR2.4M, resulting in a negative trade balance of MYR2.36M. Between August 2023 and August 2024 the exports of Malaysia's   Pearl Products have increased by MYR7.2k (21.1%) from MYR34.2k to MYR41.3k, while imports increased by MYR804k (50.3%) from MYR1.6M to MYR2.4M.

Destinations In August 2024, Pearl Products were exported mostly to Oman (MYR24.9k), Singapore (MYR10.9k), Japan (MYR3.19k), Hong Kong (MYR1.05k), and Chinese Taipei (MYR488), and were imported mostly from Japan (MYR924k), United States (MYR721k), Singapore (MYR342k), Chinese Taipei (MYR201k), and China (MYR157k).

Growth In August 2024, the increase in Pearl Products's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the increase in Pearl Products's year-by-year imports was explained primarily by an increase in imports from United States (MYR374k or 61.9%) and China (MYR288k or 141%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR7.2k(21.1%)
IMPORT GROWTH (August 2023 - August 2024)MYR804k(50.3%)
MAIN DESTINATION (August 2024)OmanMYR24.9k

This section shows Pearl Products'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 Pearl Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$835k
IMPORTS (2022)$7.59M
NET TRADE (2022)-$6.76M

In 2022, Malaysia exported $835k in Pearl Products. The main destinations of Malaysia exports on Pearl Products were Hong Kong ($488k), Macau ($127k), Singapore ($92.3k), Germany ($65k), and United States ($28.5k).

In 2022, Malaysia imported $7.59M in Pearl Products, mainly from China ($3.76M), United States ($2.01M), Hong Kong ($360k), Germany ($329k), and South Korea ($184k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pearl Products EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Hong Kong$328k (205%)
Macau$127k (1%)
Germany$62.1k (2.14k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pearl Products BY Malaysia WERE (2021 - 2022):
Singapore-$88.4k (-48.9%)
Thailand-$9.01k (-97.8%)
Italy-$3.16k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Pearl Products were:
China $424M
United States $313M
Thailand $162M
In 2022, Malaysia's main importing competitors in Pearl Products were:
United States $358M
Hong Kong $187M
China $141M

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Trade Value of Pearl Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $110k
TOP IMPORT POTENTIALChina+ $570k

Pearl Products’s highest export potential is Singapore. With an export gap of $110k.   Pearl Products’s highest import potential is China with an import gap of $570k.

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