Jewellery in Malaysia | The Observatory of Economic Complexity

About

Exports In 2022, Malaysia exported $1.47B in Jewellery, making it the 15th largest exporter of Jewellery in the world. At the same year, Jewellery was the 36th most exported product in Malaysia. The main destination of Jewellery exports from Malaysia are: Singapore ($734M), United Arab Emirates ($535M), Hong Kong ($70.5M), Australia ($58M), and United States ($14.4M).

The fastest growing export markets for Jewellery of Malaysia between 2021 and 2022 were Singapore ($140M), United Arab Emirates ($121M), and Hong Kong ($32.3M).

Imports In 2022, Malaysia imported $1.01B in Jewellery, becoming the 21st largest importer of Jewellery in the world. At the same year, Jewellery was the 47th most imported product in Malaysia. Malaysia imports Jewellery primarily from: India ($183M), China ($150M), United Arab Emirates ($150M), Hong Kong ($144M), and Italy ($96M).

The fastest growing import markets in Jewellery for Malaysia between 2021 and 2022 were China ($140M), India ($90.3M), and United Arab Emirates ($69.8M).

Latest Trends

March 2024

About

Overview In March 2024 Malaysia's Jewellery exports accounted up to MYR775M and imports accounted up to MYR498M, resulting in a positive trade balance of MYR277M. Between March 2023 and March 2024 the exports of Malaysia's Jewellery have increased by MYR202M (35.3%) from MYR572M to MYR775M, while imports increased by MYR108M (27.6%) from MYR390M to MYR498M.

Destinations In March 2024, Jewellery were exported mostly to United Arab Emirates (MYR350M), Singapore (MYR232M), Turkey (MYR97.8M), Australia (MYR26M), and Hong Kong (MYR24.6M), and were imported mostly from Hong Kong (MYR111M), United Arab Emirates (MYR102M), India (MYR59.5M), Singapore (MYR56M), and Italy (MYR51.9M).

Growth In March 2024, the increase in Jewellery's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates (MYR211M or 275%), Singapore (MYR41.1M or 24.7%), and Qatar (MYR7.45M or 189%). In March 2024, the increase in Jewellery's year-by-year imports was explained primarily by an increase in imports from United Arab Emirates (MYR24.7M or 236%), India (MYR21.6M or 151%), and Hong Kong (MYR13.4M or 40.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)MYR202M(35.3%)

IMPORT GROWTH (March 2023 - March 2024)MYR108M(27.6%)

MAIN DESTINATION (March 2024)United Arab EmiratesMYR350M

This section shows Jewellery'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 Jewellery over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.47B

IMPORTS (2022)$1.01B

NET TRADE (2022)$461M

In 2022, Malaysia exported $1.47B in Jewellery. The main destinations of Malaysia exports on Jewellery were Singapore ($734M), United Arab Emirates ($535M), Hong Kong ($70.5M), Australia ($58M), and United States ($14.4M).

In 2022, Malaysia imported $1.01B in Jewellery, mainly from India ($183M), China ($150M), United Arab Emirates ($150M), Hong Kong ($144M), and Italy ($96M).

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