Molybdenum Ore in Chile | OEC - The Observatory of Economic Complexity

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Exports In 2020, Chile exported N/A in Molybdenum Ore, making it the 1st largest exporter of Molybdenum Ore in the world. At the same year, Molybdenum Ore was the 10th most exported product in Chile. The main destination of Molybdenum Ore exports from Chile are: China ($346M), Japan ($255M), South Korea ($214M), Netherlands ($123M), and Brazil ($79.6M).

The fastest growing export markets for Molybdenum Ore of Chile between 2019 and 2020 were China ($306M), Russia ($9.5M), and Belgium ($4.12M).

Imports In 2020, Chile imported $252M in Molybdenum Ore, becoming the 7th largest importer of Molybdenum Ore in the world. At the same year, Molybdenum Ore was the 44th most imported product in Chile. Chile imports Molybdenum Ore primarily from: Peru ($146M), Mexico ($60.9M), United States ($43.8M), Armenia ($502k), and Japan ($483k).

Tariffs In 2018, the average tariff for Chile in Molybdenum Ore was 3.48%. The countries with the highest import tariffs for Molybdenum Ore were Botswana (Most Favoured Nation duty rate treatement, 6%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 6%), Cameroon (Most Favoured Nation duty rate treatement, 6%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 6%), and Cape Verde (Most Favoured Nation duty rate treatement, 6%).

Latest Trends

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About

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Overview In December 2022 Chile's Molybdenum Ore exports accounted up to $158M and imports accounted up to $2.68M, resulting in a positive trade balance of $156M. Between December 2021 and December 2022 the exports of Chile's Molybdenum Ore have decreased by $-18.4M (-10.4%) from $177M to $158M, while imports increased by $2.68M (3.46M%) from $77.6 to $2.68M.

Destinations In December 2022, Molybdenum Ore were exported mostly to Japan ($36.9M), Heard Island and McDonald Islands ($24.4M), China ($19M), Belize ($18.6M), and South Korea ($16.5M), and were imported mostly from .

Growth In December 2022, the decrease in Molybdenum Ore's year-by-year exports was explained primarily by a decrease in exports to China ($-6.16M or -27.8%). In October 2022, the increase in Molybdenum Ore's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

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Time Scale

Flow

Value

EXPORT GROWTH (December 2021 - December 2022): $-18.4M, (-10.4%)

IMPORT GROWTH (January 2020 - October 2022): $2.68M, (3.46M%)

MAIN EXPORTER (December 2022): Santiago, $60M

MAIN DESTINATION (December 2022): Japan, $36.9M

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

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Historical Data

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Trade Balance

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Value

Compare to

Year

IMPORTS (2020): $252M

In N/A, Chile exported N/A in Molybdenum Ore. The main destinations of Chile exports on Molybdenum Ore were China ($346M), Japan ($255M), South Korea ($214M), Netherlands ($123M), and Brazil ($79.6M).

In 2020, Chile imported $252M in Molybdenum Ore, mainly from Peru ($146M), Mexico ($60.9M), United States ($43.8M), Armenia ($502k), and Japan ($483k).

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