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2023
Exports $6.02MWorld Rnk 35 / 168
Flag Rnk 704 / 1208
2023
Destination $424k Japan
2022 - 2023
FASTEST GROWING MARKET $424kJapan
2023
PRODUCT COMPLEXITY IN Eyewear Frames0.98Rnk 182 / 1025
2023
Imports $41.3MWorld Rnk 32 / 213
Flag Rnk 521 / 1211
2023
Origin $750k China
2022 - 2023
FASTEST GROWING ORIGIN $750kDenmark
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $6.02M in Eyewear Frames, making it the 35th largest exporter of Eyewear Frames in the world. At the same year, Eyewear Frames was the 704th most exported product in Malaysia. The main destination of Eyewear Frames exports from Malaysia are: Japan ($2.45M), Indonesia ($753k), Turkey ($661k), United States ($610k), and Singapore ($433k).

The fastest growing export markets for Eyewear Frames of Malaysia between 2022 and 2023 were Japan ($424k), Indonesia ($412k), and Cambodia ($145k).

Imports In 2023, Malaysia imported $41.3M in Eyewear Frames, becoming the 32nd largest importer of Eyewear Frames in the world. At the same year, Eyewear Frames was the 521st most imported product in Malaysia. Malaysia imports Eyewear Frames primarily from: China ($23.5M), Hong Kong ($3.54M), Italy ($2.53M), Japan ($2.36M), and South Korea ($2.22M).

The fastest growing import markets in Eyewear Frames for Malaysia between 2022 and 2023 were Denmark ($750k), Chinese Taipei ($445k), and Singapore ($424k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Eyewear Frames exports accounted up to MYR1.62M and imports accounted up to MYR8.76M, resulting in a negative trade balance of MYR7.14M. Between November 2023 and November 2024 the exports of Malaysia's   Eyewear Frames have decreased by MYR-227k (-12.3%) from MYR1.85M to MYR1.62M, while imports decreased by MYR-3.69M (-29.6%) from MYR12.4M to MYR8.76M.

Destinations In November 2024, Eyewear Frames were exported mostly to Japan (MYR1.27M), Singapore (MYR150k), Hong Kong (MYR84.3k), Brunei (MYR36.7k), and Indonesia (MYR28.8k), and were imported mostly from China (MYR3.42M), Italy (MYR1.13M), Hong Kong (MYR1.12M), Chinese Taipei (MYR1.04M), and Japan (MYR639k).

Growth In November 2024, the decrease in Eyewear Frames's year-by-year exports was explained primarily by a decrease in exports to Japan (MYR-139k or -16.3%), Indonesia (MYR-17.8k or -97.9%), and Hong Kong (MYR-9.91k or -88.7%). In November 2024, the decrease in Eyewear Frames's year-by-year imports was explained primarily by a decrease in imports from Hong Kong (MYR-639k or -62.3%), China (MYR-507k or -11.1%), and Singapore (MYR-90.7k or -18.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-227k(-12.3%)
IMPORT GROWTH (November 2023 - November 2024)MYR-3.69M(-29.6%)
MAIN DESTINATION (November 2024)JapanMYR1.27M

This section shows Eyewear Frames'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 Eyewear Frames over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.02M
IMPORTS (2023)$41.3M
NET TRADE (2023)-$35.3M

In 2023, Malaysia exported $6.02M in Eyewear Frames. The main destinations of Malaysia exports on Eyewear Frames were Japan ($2.45M), Indonesia ($753k), Turkey ($661k), United States ($610k), and Singapore ($433k).

In 2023, Malaysia imported $41.3M in Eyewear Frames, mainly from China ($23.5M), Hong Kong ($3.54M), Italy ($2.53M), Japan ($2.36M), and South Korea ($2.22M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Eyewear Frames EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Japan$424k (20.9%)
Indonesia$412k (121%)
Cambodia$145k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Eyewear Frames BY Malaysia WERE (2022 - 2023):
Philippines-$391k (-65.4%)
China-$280k (-94%)
Turkey-$164k (-19.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Eyewear Frames were:
China $3.31B
Italy $1.64B
Japan $311M
In 2023, Malaysia's main importing competitors in Eyewear Frames were:
United States $1.29B
Italy $638M
Hong Kong $630M

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Trade Value of Eyewear Frames by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $741k
TOP IMPORT POTENTIALChina+ $6.01M

Eyewear Frames’s highest export potential is United States. With an export gap of $741k.   Eyewear Frames’s highest import potential is China with an import gap of $6.01M.

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