Lithium carbonates in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $782k in Lithium carbonates, making it the 23rd largest exporter of Lithium carbonates in the world. At the same year, Lithium carbonates was the 2683rd most exported product in Malaysia. The main destination of Lithium carbonates exports from Malaysia are: China ($761k) and Singapore ($21.3k).

The fastest growing export markets for Lithium carbonates of Malaysia between 2021 and 2022 were China ($761k) and Singapore ($18k).

Imports In 2022, Malaysia imported $1.91M in Lithium carbonates, becoming the 33rd largest importer of Lithium carbonates in the world. At the same year, Lithium carbonates was the 3163rd most imported product in Malaysia. Malaysia imports Lithium carbonates primarily from: South Korea ($1.5M), Italy ($146k), India ($134k), Chile ($34.6k), and United Kingdom ($28k).

COMPANIES In 2023, leading companies such as Halyard Health (1.33k), Coaster Fine Furniture (890), and Motorola (838) were at the forefront of shipping Lithium carbonates from Malaysia to the United States.

Latest Trends

May 2024

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Overview In May 2024 Malaysia's Lithium carbonates exports accounted up to MYR123 and imports accounted up to MYR736k, resulting in a negative trade balance of MYR736k. Between December 2019 and May 2024 the exports of Malaysia's Lithium carbonates have decreased by MYR-18.4k (-99.3%) from MYR18.5k to MYR123, while imports decreased by MYR-940k (-56.1%) from MYR1.68M to MYR736k.

Destinations In May 2024, Lithium carbonates were exported mostly to , and were imported mostly from South Korea (MYR710k) and China (MYR25.6k).

Growth In May 2024, the decrease in Lithium carbonates's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Lithium carbonates's year-by-year imports was explained primarily by a decrease in imports from N/A.

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2019 - May 2024)MYR-18.4k(-99.3%)

IMPORT GROWTH (June 2023 - June 2024)MYR-940k(-56.1%)

MAIN DESTINATION (May 2024)

This section shows Lithium carbonates'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 Lithium carbonates over time.

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