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Who buys Malaysia’s jewelry? Export destinations 2024

In 2024, Malaysia exported $2 billion of jewelry (57 tonnes), 1.7% of the world total. Its main destinations were Singapore (44%), the United Arab Emirates (36%) and Turkey (8%). Malaysia was the world’s 14th-largest exporter of jewelry.

Summary

Value
$2billion
Tonnes
57tonnes
Share of world total
1.7%
World rank
14th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Singapore re-exports881Tonnes: 20USD per tonne: $44,005,26343.8%Air
United Arab Emirates733Tonnes: 13USD per tonne: $58,169,24736.5%Air
Turkey165Tonnes: 2USD per tonne: $71,361,7608.2%Air
Australia93Tonnes: 2USD per tonne: $39,608,9914.6%Air
Hong Kong re-exports51.2Tonnes: 1USD per tonne: $34,438,2782.6%Air
Qatar24.5Tonnes: 0USD per tonne: $75,073,1721.2%Air
Canada12Tonnes: 0USD per tonne: $39,538,1410.6%Air
United States7.3Tonnes: 3USD per tonne: $2,707,6880.36%Air
Saudi Arabia6.1Tonnes: 0USD per tonne: $21,576,4360.3%Air
Switzerland5.4Tonnes: 0USD per tonne: $100,652,0560.27%Air
United Kingdom5Tonnes: 0USD per tonne: $11,117,4440.25%Air
Thailand4.3Tonnes: 6USD per tonne: $736,8080.21%Land
Lebanon3.2Tonnes: 0USD per tonne: $353,393,0000.16%Air
Japan3Tonnes: 0USD per tonne: $24,169,9920.15%Air
Vietnam2.8Tonnes: 0USD per tonne: $9,317,6520.14%Air
Taiwan2.5Tonnes: 0USD per tonne: $10,176,9590.12%Air
New Zealand2.2Tonnes: 0USD per tonne: $43,698,9800.11%Air
Italy1.5Tonnes: 0USD per tonne: $6,577,4530.07%Air
Jordan1.4Tonnes: 0USD per tonne: $78,105,1110.07%Air
Brunei1.3Tonnes: 5USD per tonne: $241,7840.07%Land

Trend

Who it sells to

Singapore has been its main destination since 2020

Value in USD billions. The five largest destinations in 2024.

  • Singapore 0.88
  • United Arab Emirates 0.73
  • Turkey 0.17
  • Australia 0.09
  • Hong Kong 0.05

Source: CEPII BACI

Show the numbers
Partner19952024
Singapore0.230.88
United Arab Emirates0.090.73
Turkey00.17
Australia< 0.010.09
Hong Kong0.020.05

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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