Sign In
Pricing

2022
Exports $8MWorld Rnk 32 / 100
Flag Rnk 663 / 1198
2022
Destination $1.41M Singapore
2021 - 2022
FASTEST GROWING MARKET $1.41MBrazil
2022
PRODUCT COMPLEXITY IN Magnesium0.95Rnk 193 / 1025
2022
Imports $16.5MWorld Rnk 38 / 168
Flag Rnk 751 / 1203
2022
Origin $1.42M China
2021 - 2022
FASTEST GROWING ORIGIN $1.42MJapan
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $8M in Magnesium, making it the 32nd largest exporter of Magnesium in the world. At the same year, Magnesium was the 663rd most exported product in Malaysia. The main destination of Magnesium exports from Malaysia are: Singapore ($2.65M), Brazil ($2.04M), United States ($976k), China ($797k), and Canada ($284k).

The fastest growing export markets for Magnesium of Malaysia between 2021 and 2022 were Brazil ($1.41M), United States ($379k), and China ($376k).

Imports In 2022, Malaysia imported $16.5M in Magnesium, becoming the 38th largest importer of Magnesium in the world. At the same year, Magnesium was the 751st most imported product in Malaysia. Malaysia imports Magnesium primarily from: China ($12.5M), Japan ($1.46M), Germany ($558k), United States ($532k), and Chinese Taipei ($369k).

The fastest growing import markets in Magnesium for Malaysia between 2021 and 2022 were Japan ($1.42M), China ($607k), and United States ($400k).

Latest Trends

October 2024

About

Overview In October 2024 Malaysia's Magnesium exports accounted up to MYR2.88M and imports accounted up to MYR5.26M, resulting in a negative trade balance of MYR2.38M. Between October 2023 and October 2024 the exports of Malaysia's   Magnesium have decreased by MYR-408k (-12.4%) from MYR3.28M to MYR2.88M, while imports increased by MYR891k (20.4%) from MYR4.37M to MYR5.26M.

Destinations In October 2024, Magnesium were exported mostly to United States (MYR1.24M), Singapore (MYR489k), Canada (MYR286k), Belgium (MYR249k), and Japan (MYR149k), and were imported mostly from China (MYR5.15M), Chinese Taipei (MYR75.5k), India (MYR13.7k), United Kingdom (MYR11.1k), and Norway (MYR3.88k).

Growth In October 2024, the decrease in Magnesium's year-by-year exports was explained primarily by a decrease in exports to Singapore (MYR-249k or -22.6%) and China (MYR-169k or -44.9%). In October 2024, the increase in Magnesium's year-by-year imports was explained primarily by an increase in imports from Japan (MYR102k or 223%) and United States (MYR33.8k or 375%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)MYR-408k(-12.4%)
IMPORT GROWTH (October 2023 - October 2024)MYR891k(20.4%)
MAIN DESTINATION (October 2024)United StatesMYR1.24M

This section shows Magnesium'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 Magnesium over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$8M
IMPORTS (2022)$16.5M
NET TRADE (2022)-$8.53M

In 2022, Malaysia exported $8M in Magnesium. The main destinations of Malaysia exports on Magnesium were Singapore ($2.65M), Brazil ($2.04M), United States ($976k), China ($797k), and Canada ($284k).

In 2022, Malaysia imported $16.5M in Magnesium, mainly from China ($12.5M), Japan ($1.46M), Germany ($558k), United States ($532k), and Chinese Taipei ($369k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Brazil$1.41M (225%)
United States$379k (63.4%)
China$376k (89.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium BY Malaysia WERE (2021 - 2022):
Singapore-$1.49M (-36%)
Chinese Taipei-$149k (-68.7%)
South Korea-$125k (-50.6%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Magnesium were:
China $2.46B
Israel $231M
Turkey $152M
In 2022, Malaysia's main importing competitors in Magnesium were:
United States $877M
Canada $477M
Germany $211M

Explore Visualizations

Trade Value of Magnesium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $869k
TOP IMPORT POTENTIALChina+ $3.67M

Magnesium’s highest export potential is United States. With an export gap of $869k.   Magnesium’s highest import potential is China with an import gap of $3.67M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms