Precious Stones in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $4.93M in Precious Stones, making it the 45th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 745th most exported product in Malaysia. The main destination of Precious Stones exports from Malaysia are: Thailand ($1.71M), Hong Kong ($1.38M), Singapore ($656k), Switzerland ($536k), and United States ($229k).

The fastest growing export markets for Precious Stones of Malaysia between 2021 and 2022 were Thailand ($846k), Switzerland ($534k), and United States ($172k).

Imports In 2022, Malaysia imported $19.9M in Precious Stones, becoming the 23rd largest importer of Precious Stones in the world. At the same year, Precious Stones was the 712th most imported product in Malaysia. Malaysia imports Precious Stones primarily from: Thailand ($5.6M), Hong Kong ($5.33M), Sri Lanka ($4.19M), Brazil ($1.38M), and Singapore ($981k).

The fastest growing import markets in Precious Stones for Malaysia between 2021 and 2022 were Sri Lanka ($2.28M), Thailand ($1.8M), and Singapore ($670k).

Latest Trends

September 2020

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Overview In September 2020 Malaysia's Precious Stones exports accounted up to MYR18.2M and imports accounted up to MYR2.51M, resulting in a positive trade balance of MYR15.7M. Between September 2019 and September 2020 the exports of Malaysia's Precious Stones have increased by MYR9.47M (108%) from MYR8.74M to MYR18.2M, while imports decreased by MYR-1.93M (-43.5%) from MYR4.44M to MYR2.51M.

Destinations In September 2020, Precious Stones were exported mostly to Hong Kong (MYR16.7M), Singapore (MYR1.43M), Germany (MYR15.1k), and Belgium (MYR13.5k), and were imported mostly from Thailand (MYR1.16M), Hong Kong (MYR967k), Zambia (MYR120k), Sri Lanka (MYR112k), and Singapore (MYR69.3k).

Growth In September 2020, the increase in Precious Stones's year-by-year exports was explained primarily by an increase in exports to . In September 2020, the decrease in Precious Stones's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR9.47M(108%)

IMPORT GROWTH (September 2019 - September 2020)MYR-1.93M(-43.5%)

MAIN DESTINATION (September 2020)Hong KongMYR16.7M

This section shows Precious Stones'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 Precious Stones over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$4.93M

IMPORTS (2022)$19.9M

NET TRADE (2022)-$15M

In 2022, Malaysia exported $4.93M in Precious Stones. The main destinations of Malaysia exports on Precious Stones were Thailand ($1.71M), Hong Kong ($1.38M), Singapore ($656k), Switzerland ($536k), and United States ($229k).

In 2022, Malaysia imported $19.9M in Precious Stones, mainly from Thailand ($5.6M), Hong Kong ($5.33M), Sri Lanka ($4.19M), Brazil ($1.38M), and Singapore ($981k).

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