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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Statement of Comprehensive Income [Abstract]        
REVENUE $ 29,370,949 $ 29,189,913 $ 60,124,468 $ 56,352,179
COST OF REVENUE 20,407,647 21,179,511 42,747,683 41,139,619
GROSS PROFIT 8,963,302 8,010,402 17,376,785 15,212,560
OPERATING EXPENSES        
Selling and distribution 6,260,847 4,800,518 12,391,733 9,511,607
General and administrative 2,622,020 2,252,503 4,904,878 4,394,748
Research and development 530,797 377,106 851,470 728,857
Total operating expenses 9,413,664 7,430,127 18,148,081 14,635,212
(LOSS) INCOME FROM OPERATIONS (450,362) 580,275 (771,296) 577,348
OTHER INCOME (EXPENSES)        
Interest income 4,113 4,047 4,667 5,422
Interest expense (305,094) (293,711) (527,301) (543,348)
Other income (expenses), net 429,513 (10,684) 456,530 (30,241)
Total other income (expenses), net 128,532 (300,348) (66,104) (568,167)
(LOSS) INCOME BEFORE INCOME TAXES (321,830) 279,927 (837,400) 9,181
PROVISION FOR (BENEFIT OF) INCOME TAXES        
Current 267,876 181,761 338,708 314,554
Deferred (566,291) 9,685 (614,834) (90,479)
Total provision for income taxes (298,415) 191,446 (276,126) 224,075
NET (LOSS) INCOME (23,415) 88,481 (561,274) (214,894)
Less: net loss attributable to non-controlling shareholders (186,980)   (312,650)  
Net income (loss) attributable to FGI Industries Ltd. shareholders 163,565 88,481 (248,624) (214,894)
OTHER COMPREHENSIVE (LOSS) INCOME        
Foreign currency translation adjustments (424,980) 4,897 (447,558) 24,996
COMPREHENSIVE (LOSS) INCOME (448,395) 93,378 (1,008,832) (189,898)
Less: comprehensive loss attributable to non-controlling shareholders (186,980)   (312,650)  
Comprehensive (loss) income attributable to FGI Industries Ltd. shareholders $ (261,415) $ 93,378 $ (696,182) $ (189,898)
WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES        
Basic (in shares) 9,564,779 9,500,000 9,566,433 9,500,000
Diluted (in shares) 9,699,561 9,692,500 9,566,433 9,500,000
EARNINGS (LOSS) PER SHARE        
Basic (in dollars per share) $ 0.02 $ 0.01 $ (0.03) $ (0.02)
Diluted (in dollars per share) $ 0.02 $ 0.01 $ (0.03) $ (0.02)