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2022
Exports $245MWorld Rnk 1 / 78
Flag Rnk 720 / 1216
2022
Destination $10.9M United States
2021 - 2022
FASTEST GROWING MARKET $10.9MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Molybdenum0.95Rnk 192 / 1025
2022
Imports $53.8MWorld Rnk 7 / 142
Flag Rnk 772 / 1212
2022
Origin $1.1M Austria
2021 - 2022
FASTEST GROWING ORIGIN $1.1MUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $245M in Molybdenum, making it the 1st largest exporter of Molybdenum in the world. At the same year, Molybdenum was the 720th most exported product in China. The main destination of Molybdenum exports from China are: United States ($43M), Japan ($41.4M), United Kingdom ($33.2M), South Korea ($24.8M), and Netherlands ($18M).

The fastest growing export markets for Molybdenum of China between 2021 and 2022 were United Kingdom ($10.9M), Russia ($4.17M), and Japan ($3.9M).

Imports In 2022, China imported $53.8M in Molybdenum, becoming the 7th largest importer of Molybdenum in the world. At the same year, Molybdenum was the 772nd most imported product in China. China imports Molybdenum primarily from: Austria ($31.6M), South Korea ($5.32M), Chinese Taipei ($4.38M), United States ($2.9M), and Japan ($1.89M).

The fastest growing import markets in Molybdenum for China between 2021 and 2022 were United Arab Emirates ($1.1M), China ($473k), and United Kingdom ($194k).

Latest Trends

July 2024

About

Overview In July 2024 China's Molybdenum exports accounted up to $34.2M and imports accounted up to $3.92M, resulting in a positive trade balance of $30.3M. Between July 2023 and July 2024 the exports of China's   Molybdenum have decreased by $-2.18M (-6%) from $36.4M to $34.2M, while imports increased by $593k (17.8%) from $3.32M to $3.92M.

Destinations In July 2024, Molybdenum were exported mostly to United States ($10.9M), Germany ($5.08M), Japan ($4.3M), Netherlands ($3.73M), and South Korea ($2.69M), and were imported mostly from Austria ($1.67M), India ($1M), Japan ($630k), Chinese Taipei ($184k), and United States ($181k).

Growth In July 2024, the decrease in Molybdenum's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei ($-755k or -56%), Canada ($-517k or -95.3%), and India ($-513k or -32.2%). In July 2024, the increase in Molybdenum's year-by-year imports was explained primarily by an increase in imports from Germany ($404k or 237%), Chinese Taipei ($91.5k or 41.6%), and United States ($62.4k or 35.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-2.18M(-6%)
IMPORT GROWTH (July 2023 - July 2024)$593k(17.8%)
MAIN EXPORTER (July 2024)Shaanxi Province$10.9M
MAIN DESTINATION (July 2024)United States$10.9M

This section shows Molybdenum's exports and imports data at subnational level for China. 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 Molybdenum over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$245M
IMPORTS (2022)$53.8M
NET TRADE (2022)$191M

In 2022, China exported $245M in Molybdenum. The main destinations of China exports on Molybdenum were United States ($43M), Japan ($41.4M), United Kingdom ($33.2M), South Korea ($24.8M), and Netherlands ($18M).

In 2022, China imported $53.8M in Molybdenum, mainly from Austria ($31.6M), South Korea ($5.32M), Chinese Taipei ($4.38M), United States ($2.9M), and Japan ($1.89M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molybdenum EXPORT MARKETS FOR China WERE (2021 - 2022):
United Kingdom$10.9M (49.2%)
Russia$4.17M (61%)
Japan$3.9M (10.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molybdenum BY China WERE (2021 - 2022):
Austria-$4.07M (-82.7%)
South Korea-$2.02M (-7.52%)
Singapore-$952k (-41.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Molybdenum were:
Austria $216M
United Kingdom $89.3M
In 2022, China's main importing competitors in Molybdenum were:
United States $118M
Germany $105M
United Kingdom $104M

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Trade Value of Molybdenum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $5.49M
TOP IMPORT POTENTIALUnited States+ $1.02M

Molybdenum’s highest export potential is India. With an export gap of $5.49M.   Molybdenum’s highest import potential is United States with an import gap of $1.02M.

See methodology.

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