CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2024	Dec. 31, 2023
CURRENT ASSETS
Cash	$ 4,558,160	$ 7,777,241
Accounts receivable, net	20,293,555	16,195,543
Inventories, net	13,957,867	9,923,852
Total current assets	52,897,962	46,114,670
PROPERTY AND EQUIPMENT, NET	3,634,340	1,910,491
OTHER ASSETS
Intangible assets	1,849,951	102,227
Operating lease right-of-use assets, net	12,823,747	15,203,576
Deferred tax assets, net	2,665,585	1,168,833
Other noncurrent assets	1,589,830	1,245,133
Total other assets	18,929,113	17,719,769
Total assets	75,461,415	65,744,930
CURRENT LIABILITIES
Short-term loans	14,502,367	6,959,175
Income tax payable	23,189	189,119
Operating lease liabilities – current	1,867,956	1,595,998
Accrued expenses and other current liabilities	5,905,124	4,039,499
Total current liabilities	42,542,826	28,043,706
OTHER LIABILITIES
Operating lease liabilities – noncurrent	11,352,939	13,674,452
Total liabilities	53,895,765	41,718,158
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY
Preference Shares ($0.0001 par value, 10,000,000 shares authorized, no shares issued and outstanding as of December 31, 2024 and December 31, 2023)	0	0
Ordinary shares ($0.0001 par value, 200,000,000 shares authorized, 9,563,914 and 9,547,607 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively)	956	955
Additional paid-in capital	21,279,047	20,877,832
Retained earnings	3,212,435	4,413,524
Accumulated other comprehensive loss	(2,239,560)	(1,111,499)
FGI Industries Ltd. shareholders’ equity	22,252,878	24,180,812
Non-controlling interests	(687,228)	(154,040)
Total shareholders’ equity	21,565,650	24,026,772
Total liabilities and shareholders’ equity	75,461,415	65,744,930
Nonrelated Party
CURRENT ASSETS
Prepayments and other current assets	2,091,407	4,617,751
CURRENT LIABILITIES
Accounts payable	19,349,529	14,524,607
Related Party
CURRENT ASSETS
Prepayments and other current assets	11,996,973	7,600,283
CURRENT LIABILITIES
Accounts payable	$ 894,661	$ 735,308