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2022
Exports $28.5MWorld Rnk 42 / 136
Flag Rnk 464 / 1198
2022
Destination $211k Hong Kong
2021 - 2022
FASTEST GROWING MARKET $211kUnited Arab Emirates
2022
PRODUCT COMPLEXITY IN Diamonds-1.32Rnk 916 / 1025
2022
Imports $87.1MWorld Rnk 33 / 159
Flag Rnk 394 / 1203
2022
Origin $15.1M Hong Kong
2021 - 2022
FASTEST GROWING ORIGIN $15.1MHong Kong
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $28.5M in Diamonds, making it the 42nd largest exporter of Diamonds in the world. At the same year, Diamonds was the 464th most exported product in Malaysia. The main destination of Diamonds exports from Malaysia are: Hong Kong ($24.3M), Singapore ($1.5M), Thailand ($1.33M), United States ($748k), and India ($392k).

The fastest growing export markets for Diamonds of Malaysia between 2021 and 2022 were United Arab Emirates ($211k), India ($159k), and Thailand ($16.7k).

Imports In 2022, Malaysia imported $87.1M in Diamonds, becoming the 33rd largest importer of Diamonds in the world. At the same year, Diamonds was the 394th most imported product in Malaysia. Malaysia imports Diamonds primarily from: Hong Kong ($60.1M), India ($13M), Singapore ($5.92M), Australia ($2.38M), and Thailand ($1.67M).

The fastest growing import markets in Diamonds for Malaysia between 2021 and 2022 were Hong Kong ($15.1M), Australia ($2.37M), and Singapore ($1.84M).

Latest Trends

August 2024

About

Overview In August 2024 Malaysia's Diamonds exports accounted up to MYR9.64M and imports accounted up to MYR15.6M, resulting in a negative trade balance of MYR5.93M. Between August 2023 and August 2024 the exports of Malaysia's   Diamonds have increased by MYR3.5M (57%) from MYR6.14M to MYR9.64M, while imports decreased by MYR-5.68M (-26.7%) from MYR21.2M to MYR15.6M.

Destinations In August 2024, Diamonds were exported mostly to Hong Kong (MYR5.46M), Singapore (MYR3.93M), and Thailand (MYR249k), and were imported mostly from Hong Kong (MYR10.1M), India (MYR3.1M), Thailand (MYR869k), Singapore (MYR749k), and United States (MYR606k).

Growth In August 2024, the increase in Diamonds's year-by-year exports was explained primarily by an increase in exports to Singapore (MYR1.61M or 1.85k%). In August 2024, the decrease in Diamonds's year-by-year imports was explained primarily by a decrease in imports from Hong Kong (MYR-13.2M or -42.6%), Singapore (MYR-708k or -39.2%), and Thailand (MYR-408k or -93.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)MYR3.5M(57%)
IMPORT GROWTH (August 2023 - August 2024)MYR-5.68M(-26.7%)
MAIN DESTINATION (August 2024)Hong KongMYR5.46M

This section shows Diamonds'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 Diamonds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$28.5M
IMPORTS (2022)$87.1M
NET TRADE (2022)-$58.6M

In 2022, Malaysia exported $28.5M in Diamonds. The main destinations of Malaysia exports on Diamonds were Hong Kong ($24.3M), Singapore ($1.5M), Thailand ($1.33M), United States ($748k), and India ($392k).

In 2022, Malaysia imported $87.1M in Diamonds, mainly from Hong Kong ($60.1M), India ($13M), Singapore ($5.92M), Australia ($2.38M), and Thailand ($1.67M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
United Arab Emirates$211k (605%)
India$159k (68%)
Thailand$16.7k (1.27%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Malaysia WERE (2021 - 2022):
Hong Kong-$3.04M (-11.1%)
Switzerland-$1.72M (-100%)
Singapore-$258k (-14.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Diamonds were:
India $25.9B
United Arab Emirates $15.5B
Belgium $14.7B
In 2022, Malaysia's main importing competitors in Diamonds were:
India $26.1B
United States $20.3B
United Arab Emirates $17.5B

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Trade Value of Diamonds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $2.41M
TOP IMPORT POTENTIALIndia+ $17.9M

Diamonds’s highest export potential is Singapore. With an export gap of $2.41M.   Diamonds’s highest import potential is India with an import gap of $17.9M.

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