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2023
Exports $7.08MWorld Rnk 21 / 168
Flag Rnk 679 / 1208
2023
Destination $33.2k China
2022 - 2023
FASTEST GROWING MARKET $33.2kUnited Arab Emirates
2023
PRODUCT COMPLEXITY IN Glass Beads0.41Rnk 409 / 1025
2023
Imports $13.3MWorld Rnk 31 / 211
Flag Rnk 750 / 1211
2023
Origin $684k China
2022 - 2023
FASTEST GROWING ORIGIN $684kIndia
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $7.08M in Glass Beads, making it the 21st largest exporter of Glass Beads in the world. At the same year, Glass Beads was the 679th most exported product in Malaysia. The main destination of Glass Beads exports from Malaysia are: China ($6.59M), Singapore ($84.8k), Vietnam ($81.5k), Thailand ($60.9k), and Brunei ($44.2k).

The fastest growing export markets for Glass Beads of Malaysia between 2022 and 2023 were United Arab Emirates ($33.2k), Philippines ($30.4k), and Brunei ($25.3k).

Imports In 2023, Malaysia imported $13.3M in Glass Beads, becoming the 31st largest importer of Glass Beads in the world. At the same year, Glass Beads was the 750th most imported product in Malaysia. Malaysia imports Glass Beads primarily from: China ($8.97M), Japan ($1.4M), India ($794k), Thailand ($489k), and Singapore ($377k).

The fastest growing import markets in Glass Beads for Malaysia between 2022 and 2023 were India ($684k), China ($682k), and Netherlands ($63.4k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Glass Beads exports accounted up to MYR2.91M and imports accounted up to MYR7.43M, resulting in a negative trade balance of MYR4.52M. Between November 2023 and November 2024 the exports of Malaysia's   Glass Beads have decreased by MYR-362k (-11%) from MYR3.28M to MYR2.91M, while imports increased by MYR3.22M (76.6%) from MYR4.21M to MYR7.43M.

Destinations In November 2024, Glass Beads were exported mostly to China (MYR2.76M), Vietnam (MYR51.3k), Australia (MYR40.3k), Singapore (MYR24.5k), and United States (MYR13.7k), and were imported mostly from China (MYR3.13M), Singapore (MYR1.99M), Japan (MYR1.26M), South Korea (MYR331k), and Germany (MYR209k).

Growth In November 2024, the decrease in Glass Beads's year-by-year exports was explained primarily by a decrease in exports to Indonesia (MYR-28.6k or -99.9%) and Chinese Taipei (MYR-8.03k or -97%). In November 2024, the increase in Glass Beads's year-by-year imports was explained primarily by an increase in imports from Singapore (MYR45.8k or 47.6%), France (MYR18.5k or 88.2%), and United States (MYR9.87k or 50%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-362k(-11%)
IMPORT GROWTH (November 2023 - November 2024)MYR3.22M(76.6%)
MAIN DESTINATION (November 2024)ChinaMYR2.76M

This section shows Glass Beads'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 Beads over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$7.08M
IMPORTS (2023)$13.3M
NET TRADE (2023)-$6.21M

In 2023, Malaysia exported $7.08M in Glass Beads. The main destinations of Malaysia exports on Glass Beads were China ($6.59M), Singapore ($84.8k), Vietnam ($81.5k), Thailand ($60.9k), and Brunei ($44.2k).

In 2023, Malaysia imported $13.3M in Glass Beads, mainly from China ($8.97M), Japan ($1.4M), India ($794k), Thailand ($489k), and Singapore ($377k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Glass Beads EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
United Arab Emirates$33.2k (604%)
Philippines$30.4k (276%)
Brunei$25.3k (135%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Beads BY Malaysia WERE (2022 - 2023):
Singapore-$77.6k (-47.8%)
Hungary-$45.3k (-100%)
Timor-Leste-$22.8k (-97.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Glass Beads were:
China $668M
Austria $151M
Czechia $118M
In 2023, Malaysia's main importing competitors in Glass Beads were:
United States $150M
India $131M
China $76.1M

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Trade Value of Glass Beads by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $152k
TOP IMPORT POTENTIALChina+ $774k

Glass Beads’s highest export potential is Singapore. With an export gap of $152k.   Glass Beads’s highest import potential is China with an import gap of $774k.

See methodology.

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