Diamonds in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $28.5M in Diamonds, making it the 42nd largest exporter of Diamonds in the world. At the same year, Diamonds was the 464th most exported product in Malaysia. The main destination of Diamonds exports from Malaysia are: Hong Kong ($24.3M), Singapore ($1.5M), Thailand ($1.33M), United States ($748k), and India ($392k).

The fastest growing export markets for Diamonds of Malaysia between 2021 and 2022 were United Arab Emirates ($211k), India ($159k), and Thailand ($16.7k).

Imports In 2022, Malaysia imported $87.1M in Diamonds, becoming the 33rd largest importer of Diamonds in the world. At the same year, Diamonds was the 394th most imported product in Malaysia. Malaysia imports Diamonds primarily from: Hong Kong ($60.1M), India ($13M), Singapore ($5.92M), Australia ($2.38M), and Thailand ($1.67M).

The fastest growing import markets in Diamonds for Malaysia between 2021 and 2022 were Hong Kong ($15.1M), Australia ($2.37M), and Singapore ($1.84M).

COMPANIES In 2019, leading companies such as were at the forefront of shipping Diamonds from Malaysia to the United States.

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Diamonds exports accounted up to MYR10.6M and imports accounted up to MYR23.6M, resulting in a negative trade balance of MYR13M. Between September 2019 and September 2020 the exports of Malaysia's Diamonds have decreased by MYR-2.86M (-21.3%) from MYR13.4M to MYR10.6M, while imports decreased by MYR-25.8M (-52.3%) from MYR49.4M to MYR23.6M.

Destinations In September 2020, Diamonds were exported mostly to Hong Kong (MYR5.62M), Singapore (MYR4.46M), and United States (MYR496k), and were imported mostly from Hong Kong (MYR15.9M), India (MYR3.27M), Singapore (MYR2.41M), United States (MYR890k), and Italy (MYR506k).

Growth In September 2020, the decrease in Diamonds's year-by-year exports was explained primarily by a decrease in exports to Hong Kong (MYR-1.84M or -21.9%) and Singapore (MYR-845k or -62.2%). In September 2020, the decrease in Diamonds's year-by-year imports was explained primarily by a decrease in imports from Hong Kong (MYR-6.1M or -30.1%) and United States (MYR-70.7k or -64.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-2.86M(-21.3%)

IMPORT GROWTH (September 2019 - September 2020)MYR-25.8M(-52.3%)

MAIN DESTINATION (September 2020)Hong KongMYR5.62M

This section shows Diamonds'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 Diamonds over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$28.5M

IMPORTS (2022)$87.1M

NET TRADE (2022)-$58.6M

In 2022, Malaysia exported $28.5M in Diamonds. The main destinations of Malaysia exports on Diamonds were Hong Kong ($24.3M), Singapore ($1.5M), Thailand ($1.33M), United States ($748k), and India ($392k).

In 2022, Malaysia imported $87.1M in Diamonds, mainly from Hong Kong ($60.1M), India ($13M), Singapore ($5.92M), Australia ($2.38M), and Thailand ($1.67M).

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