Niobium, Tantalum, Vanadium and Zirconium Ore in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $97.9M in Niobium, Tantalum, Vanadium and Zirconium Ore, making it the 7th largest exporter of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 284th most exported product in Malaysia. The main destination of Niobium, Tantalum, Vanadium and Zirconium Ore exports from Malaysia are: India ($29.9M), Thailand ($26.7M), China ($15.3M), United Arab Emirates ($7.51M), and Indonesia ($3.63M).

The fastest growing export markets for Niobium, Tantalum, Vanadium and Zirconium Ore of Malaysia between 2021 and 2022 were India ($6.2M), Thailand ($4.09M), and Burma ($2.67M).

Imports In 2022, Malaysia imported $132M in Niobium, Tantalum, Vanadium and Zirconium Ore, becoming the 6th largest importer of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 311th most imported product in Malaysia. Malaysia imports Niobium, Tantalum, Vanadium and Zirconium Ore primarily from: Nigeria ($32.9M), Republic of the Congo ($31.7M), Singapore ($16.6M), Indonesia ($14.4M), and South Africa ($13M).

The fastest growing import markets in Niobium, Tantalum, Vanadium and Zirconium Ore for Malaysia between 2021 and 2022 were Nigeria ($25.6M), Singapore ($16.6M), and Indonesia ($8.98M).

Latest Trends

June 2024

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Overview In June 2024 Malaysia's Niobium, Tantalum, Vanadium and Zirconium Ore exports accounted up to MYR42.5M and imports accounted up to MYR100M, resulting in a negative trade balance of MYR57.5M. Between June 2023 and June 2024 the exports of Malaysia's Niobium, Tantalum, Vanadium and Zirconium Ore have increased by MYR11.4M (36.5%) from MYR31.1M to MYR42.5M, while imports increased by MYR27M (37%) from MYR73M to MYR100M.

Destinations In June 2024, Niobium, Tantalum, Vanadium and Zirconium Ore were exported mostly to India (MYR17.6M), China (MYR16.1M), Japan (MYR4.47M), Chinese Taipei (MYR3.61M), and Vietnam (MYR504k), and were imported mostly from South Africa (MYR55M), Tanzania (MYR14.1M), Republic of the Congo (MYR12.7M), Nigeria (MYR4.89M), and Australia (MYR4.18M).

Growth In June 2024, the increase in Niobium, Tantalum, Vanadium and Zirconium Ore's year-by-year exports was explained primarily by an increase in exports to Thailand (MYR10.3M or 161%), India (MYR1.61M or 57.9%), and Chinese Taipei (MYR602k or 71.1%). In June 2024, the increase in Niobium, Tantalum, Vanadium and Zirconium Ore's year-by-year imports was explained primarily by an increase in imports from Australia (MYR4.17M or 9.71%), Republic of the Congo (MYR1.43M or 7.58%), and South Africa (MYR1.36M or 31.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)MYR11.4M(36.5%)

IMPORT GROWTH (June 2023 - June 2024)MYR27M(37%)

MAIN DESTINATION (June 2024)IndiaMYR17.6M

This section shows Niobium, Tantalum, Vanadium and Zirconium Ore'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 Niobium, Tantalum, Vanadium and Zirconium Ore over time.

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