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2023
Exports $34MWorld Rnk 12 / 88
Flag Rnk 419 / 1208
2023
Destination $18.8M China
2022 - 2023
FASTEST GROWING MARKET $18.8MChina
2023
PRODUCT COMPLEXITY IN Aluminium Ore-2.35Rnk 1012 / 1025
2023
Imports $4.91MWorld Rnk 28 / 112
Flag Rnk 906 / 1211
2023
Origin $478k China
2022 - 2023
FASTEST GROWING ORIGIN $478kTurkey
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $34M in Aluminium Ore, making it the 12th largest exporter of Aluminium Ore in the world. At the same year, Aluminium Ore was the 419th most exported product in Malaysia. The main destination of Aluminium Ore exports from Malaysia are: China ($33.9M), Japan ($55.7k), India ($16.2k), United Arab Emirates ($5.48k), and Singapore ($48).

The fastest growing export markets for Aluminium Ore of Malaysia between 2022 and 2023 were China ($18.8M), Japan ($55.7k), and United Arab Emirates ($5.48k).

Imports In 2023, Malaysia imported $4.91M in Aluminium Ore, becoming the 28th largest importer of Aluminium Ore in the world. At the same year, Aluminium Ore was the 906th most imported product in Malaysia. Malaysia imports Aluminium Ore primarily from: China ($3.11M), Turkey ($484k), Switzerland ($444k), Georgia ($444k), and Singapore ($205k).

The fastest growing import markets in Aluminium Ore for Malaysia between 2022 and 2023 were Turkey ($478k), Switzerland ($444k), and Georgia ($444k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Aluminium Ore exports accounted up to MYR9.89M and imports accounted up to MYR511k, resulting in a positive trade balance of MYR9.37M. Between November 2023 and November 2024 the exports of Malaysia's   Aluminium Ore have decreased by MYR-3.87M (-28.2%) from MYR13.8M to MYR9.89M, while imports decreased by MYR-830k (-61.9%) from MYR1.34M to MYR511k.

Destinations In November 2024, Aluminium Ore were exported mostly to China (MYR9.89M) and Thailand (MYR4), and were imported mostly from China (MYR511k) and United States (MYR595).

Growth In November 2024, the decrease in Aluminium Ore's year-by-year exports was explained primarily by a decrease in exports to China (MYR-2.37M or -31.4%). In November 2024, the decrease in Aluminium Ore's year-by-year imports was explained primarily by a decrease in imports from China (MYR-1.85M or -83.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-3.87M(-28.2%)
IMPORT GROWTH (November 2023 - November 2024)MYR-830k(-61.9%)
MAIN DESTINATION (November 2024)ChinaMYR9.89M

This section shows Aluminium 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 Aluminium Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$34M
IMPORTS (2023)$4.91M
NET TRADE (2023)$29.1M

In 2023, Malaysia exported $34M in Aluminium Ore. The main destinations of Malaysia exports on Aluminium Ore were China ($33.9M), Japan ($55.7k), India ($16.2k), United Arab Emirates ($5.48k), and Singapore ($48).

In 2023, Malaysia imported $4.91M in Aluminium Ore, mainly from China ($3.11M), Turkey ($484k), Switzerland ($444k), Georgia ($444k), and Singapore ($205k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aluminium Ore EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
China$18.8M (124%)
Japan$55.7k (1%)
United Arab Emirates$5.48k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Ore BY Malaysia WERE (2022 - 2023):India-$534 (-3.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Aluminium Ore were:
Guinea $7.62B
Australia $1.49B
Brazil $205M
In 2023, Malaysia's main importing competitors in Aluminium Ore were:
China $8.27B
United Arab Emirates $675M
India $281M

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Trade Value of Aluminium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.16M
TOP IMPORT POTENTIALChina+ $468k

Aluminium Ore’s highest export potential is China. With an export gap of $6.16M.   Aluminium Ore’s highest import potential is China with an import gap of $468k.

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