Glass Beads in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $6.57M in Glass Beads, making it the 26th largest exporter of Glass Beads in the world. At the same year, Glass Beads was the 696th most exported product in Malaysia. The main destination of Glass Beads exports from Malaysia are: China ($6.15M), Singapore ($147k), Vietnam ($60.7k), Hungary ($45.3k), and Thailand ($44.6k).

The fastest growing export markets for Glass Beads of Malaysia between 2021 and 2022 were Singapore ($70.3k), Hungary ($44.6k), and Thailand ($40.5k).

Imports In 2022, Malaysia imported $21M in Glass Beads, becoming the 24th largest importer of Glass Beads in the world. At the same year, Glass Beads was the 699th most imported product in Malaysia. Malaysia imports Glass Beads primarily from: China ($17.9M), Japan ($659k), Thailand ($572k), Singapore ($569k), and India ($207k).

The fastest growing import markets in Glass Beads for Malaysia between 2021 and 2022 were China ($4.21M), United States ($121k), and India ($110k).

Latest Trends

March 2024

About

Overview In March 2024 Malaysia's Glass Beads exports accounted up to MYR3.09M and imports accounted up to MYR2.12M, resulting in a positive trade balance of MYR970k. Between March 2023 and March 2024 the exports of Malaysia's Glass Beads have increased by MYR1.09M (54.3%) from MYR2.01M to MYR3.09M, while imports decreased by MYR-2.96M (-58.2%) from MYR5.08M to MYR2.12M.

Destinations In March 2024, Glass Beads were exported mostly to China (MYR2.96M), Vietnam (MYR53.3k), Brunei (MYR20k), Sierra Leone (MYR9.19k), and Hong Kong (MYR8.57k), and were imported mostly from China (MYR1.17M), Japan (MYR386k), Singapore (MYR135k), Hong Kong (MYR67.6k), and United States (MYR66.4k).

Growth In March 2024, the increase in Glass Beads's year-by-year exports was explained primarily by an increase in exports to Brunei (MYR26.7k or 215%) and Singapore (MYR17.9k or 60.9%). In March 2024, the decrease in Glass Beads's year-by-year imports was explained primarily by a decrease in imports from Singapore (MYR-1.09M or -80%), Austria (MYR-32k or -82.9%), and United States (MYR-21.1k or -18.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)MYR1.09M(54.3%)

IMPORT GROWTH (March 2023 - March 2024)MYR-2.96M(-58.2%)

MAIN DESTINATION (March 2024)ChinaMYR2.96M

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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$6.57M

IMPORTS (2022)$21M

NET TRADE (2022)-$14.4M

In 2022, Malaysia exported $6.57M in Glass Beads. The main destinations of Malaysia exports on Glass Beads were China ($6.15M), Singapore ($147k), Vietnam ($60.7k), Hungary ($45.3k), and Thailand ($44.6k).

In 2022, Malaysia imported $21M in Glass Beads, mainly from China ($17.9M), Japan ($659k), Thailand ($572k), Singapore ($569k), and India ($207k).

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