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2018
Exports $3.82MWorld Rnk 22 / 64
Flag Rnk 772 / 1208
2018
Destination $610k Germany
2022 - 2023
FASTEST GROWING MARKET $610kGermany
2023
PRODUCT COMPLEXITY IN Nickel Ore-1.64Rnk 964 / 1025
2018
Imports $10.7kWorld Rnk 46 / 78
Flag Rnk 1198 / 1211
2018
Origin $933 United States
2022 - 2023
FASTEST GROWING ORIGIN $933Singapore
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2018, Malaysia exported $3.82M in Nickel Ore, making it the 22nd largest exporter of Nickel Ore in the world. At the same year, Nickel Ore was the 772nd most exported product in Malaysia. The main destination of Nickel Ore exports from Malaysia are: Germany ($3.71M), Brazil ($111k), Singapore ($4.16k), and Hong Kong ($269).

The fastest growing export markets for Nickel Ore of Malaysia between 2022 and 2023 were Germany ($610k) and Singapore ($4.16k).

Imports In 2023, Malaysia imported $10.7k in Nickel Ore, becoming the 46th largest importer of Nickel Ore in the world. At the same year, Nickel Ore was the 1198th most imported product in Malaysia. Malaysia imports Nickel Ore primarily from: United States ($9.64k), Singapore ($933), and Hong Kong ($114).

The fastest growing import markets in Nickel Ore for Malaysia between 2022 and 2023 were Singapore ($933) and Hong Kong ($114).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Nickel Ore exports accounted up to MYR2.03M and imports accounted up to MYR1.59M, resulting in a positive trade balance of MYR445k. Between November 2021 and November 2024 the exports of Malaysia's   Nickel Ore have increased by MYR2.02M (19.2k%) from MYR10.6k to MYR2.03M, while imports increased by MYR1.54M (3.1k%) from MYR49.7k to MYR1.59M.

Destinations In November 2024, Nickel Ore were exported mostly to Vietnam (MYR1.87M), Belgium (MYR123k), and Japan (MYR46.3k), and were imported mostly from United States (MYR1.59M) and Ireland (MYR2.59k).

Growth In November 2024, the increase in Nickel Ore's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the increase in Nickel Ore's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2021 - November 2024)MYR2.02M(19.2k%)
IMPORT GROWTH (May 2021 - November 2024)MYR1.54M(3.1k%)
MAIN DESTINATION (November 2024)VietnamMYR1.87M

This section shows Nickel 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 Nickel Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.82M
IMPORTS (2023)$10.7k
NET TRADE (2023)$3.81M

In 2023, Malaysia exported $3.82M in Nickel Ore. The main destinations of Malaysia exports on Nickel Ore were Germany ($3.71M), Brazil ($111k), Singapore ($4.16k), and Hong Kong ($269).

In 2023, Malaysia imported $10.7k in Nickel Ore, mainly from United States ($9.64k), Singapore ($933), and Hong Kong ($114).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nickel Ore EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Germany$610k (19.7%)
Singapore$4.16k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Ore BY Malaysia WERE (2022 - 2023):
Brazil-$1.13M (-91.1%)
Hong Kong-$222k (-99.9%)
China-$209k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Nickel Ore were:
Philippines $2.01B
New Caledonia $408M
Australia $398M
In 2023, Malaysia's main importing competitors in Nickel Ore were:
China $3.3B
Canada $889M
Finland $232M

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Trade Value of Nickel Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $648k
TOP IMPORT POTENTIALUnited States+ $19.9k

Nickel Ore’s highest export potential is China. With an export gap of $648k.   Nickel Ore’s highest import potential is United States with an import gap of $19.9k.

See methodology.

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