Overview In September 2020 Malaysia's Niobium, Tantalum, Vanadium and Zirconium Ore exports accounted up to MYR19.2M and imports accounted up to MYR52.2M, resulting in a negative trade balance of MYR33M. Between September 2019 and September 2020 the exports of Malaysia's Niobium, Tantalum, Vanadium and Zirconium Ore have increased by MYR831k (4.53%) from MYR18.3M to MYR19.2M, while imports increased by MYR27.5M (111%) from MYR24.7M to MYR52.2M.
Destinations In September 2020, Niobium, Tantalum, Vanadium and Zirconium Ore were exported mostly to India (MYR11M), Germany (MYR2.98M), China (MYR1.83M), Chinese Taipei (MYR1.54M), and Vietnam (MYR837k), and were imported mostly from Australia (MYR41.7M), Tanzania (MYR5.33M), Rwanda (MYR3.18M), Nigeria (MYR750k), and United States (MYR600k).
Growth In September 2020, the increase in Niobium, Tantalum, Vanadium and Zirconium Ore's year-by-year exports was explained primarily by an increase in exports to . In September 2020, the increase in Niobium, Tantalum, Vanadium and Zirconium Ore's year-by-year imports was explained primarily by an increase in imports from Tanzania (MYR6.85M or 97.5%), China (MYR787k or 675%), and South Africa (MYR559k or 438%).