Silver in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $29.3M in Silver, making it the 43rd largest exporter of Silver in the world. At the same year, Silver was the 457th most exported product in Malaysia. The main destination of Silver exports from Malaysia are: Japan ($21.7M), Hungary ($1.16M), Hong Kong ($1.01M), Thailand ($920k), and Egypt ($915k).

The fastest growing export markets for Silver of Malaysia between 2021 and 2022 were Japan ($2.98M), Egypt ($535k), and Thailand ($391k).

Imports In 2022, Malaysia imported $121M in Silver, becoming the 24th largest importer of Silver in the world. At the same year, Silver was the 329th most imported product in Malaysia. Malaysia imports Silver primarily from: Japan ($78.5M), China ($8.83M), United States ($6.15M), Singapore ($5.72M), and South Korea ($3.71M).

The fastest growing import markets in Silver for Malaysia between 2021 and 2022 were Poland ($834k), Canada ($484k), and United Arab Emirates ($383k).

Latest Trends

September 2024

About

Overview In September 2024 Malaysia's Silver exports accounted up to MYR3M and imports accounted up to MYR30.8M, resulting in a negative trade balance of MYR27.8M. Between September 2023 and September 2024 the exports of Malaysia's Silver have increased by MYR710k (31%) from MYR2.29M to MYR3M, while imports decreased by MYR-8.22M (-21%) from MYR39.1M to MYR30.8M.

Destinations In September 2024, Silver were exported mostly to China (MYR1.39M), Germany (MYR430k), Japan (MYR418k), Singapore (MYR262k), and India (MYR124k), and were imported mostly from Japan (MYR15.7M), Singapore (MYR6.12M), United States (MYR4.34M), China (MYR1.17M), and Philippines (MYR885k).

Growth In September 2024, the increase in Silver's year-by-year exports was explained primarily by an increase in exports to Japan (MYR695k or 20.2%). In September 2024, the decrease in Silver's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei (MYR-2.28M or -85%), Switzerland (MYR-943k or -92.6%), and Singapore (MYR-469k or -67.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)MYR710k(31%)

IMPORT GROWTH (September 2023 - September 2024)MYR-8.22M(-21%)

MAIN DESTINATION (September 2024)ChinaMYR1.39M

This section shows Silver'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 Silver over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$29.3M

IMPORTS (2022)$121M

NET TRADE (2022)-$91.5M

In 2022, Malaysia exported $29.3M in Silver. The main destinations of Malaysia exports on Silver were Japan ($21.7M), Hungary ($1.16M), Hong Kong ($1.01M), Thailand ($920k), and Egypt ($915k).

In 2022, Malaysia imported $121M in Silver, mainly from Japan ($78.5M), China ($8.83M), United States ($6.15M), Singapore ($5.72M), and South Korea ($3.71M).

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