Precious Metal Ore in Malaysia 2021 Exports | Imports : $25.7M | $85.8M, World Rnk 34 / 109 Rnk 474 / 1201 | World Rnk 17 / 111 Rnk 373 / 1208
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $17.3M | $7.35M, China | Saudi Arabia
2021 ECONOMIC COMPLEXITY of Malaysia: 1.09, Rnk 24 / 131
2021 PRODUCT COMPLEXITY IN Precious Metal Ore: -1.68, Rnk 973 / 1029
Exports In 2021, Malaysia exported $25.7M in Precious Metal Ore, making it the 34th largest exporter of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 474th most exported product in Malaysia. The main destination of Precious Metal Ore exports from Malaysia are: China ($23.1M), India ($1.96M), Belgium ($382k), South Korea ($296k), and Cambodia ($43.5k).
The fastest growing export markets for Precious Metal Ore of Malaysia between 2020 and 2021 were China ($17.3M), India ($1.96M), and Belgium ($382k).
Imports In 2021, Malaysia imported $85.8M in Precious Metal Ore, becoming the 17th largest importer of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 373rd most imported product in Malaysia. Malaysia imports Precious Metal Ore primarily from: Australia ($58.7M), Saudi Arabia ($7.35M), Spain ($5.06M), Switzerland ($4.59M), and Greece ($4.04M).
The fastest growing import markets in Precious Metal Ore for Malaysia between 2020 and 2021 were Saudi Arabia ($7.35M), Spain ($5.06M), and Switzerland ($4.59M).
August 2020
Overview In August 2020 Malaysia's Precious Metal Ore exports accounted up to MYR1.34M and imports accounted up to MYR14.9M, resulting in a negative trade balance of MYR13.6M. Between March 2019 and August 2020 the exports of Malaysia's Precious Metal Ore have decreased by MYR-26.2M (-95.1%) from MYR27.5M to MYR1.34M, while imports decreased by MYR-29.2M (-66.2%) from MYR44.2M to MYR14.9M.
Destinations In August 2020, Precious Metal Ore were exported mostly to , and were imported mostly from Australia (MYR14.5M), Japan (MYR240k), and India (MYR200k).
Growth In August 2020, the decrease in Precious Metal Ore's year-by-year exports was explained primarily by a decrease in exports to . In September 2020, the decrease in Precious Metal Ore's year-by-year imports was explained primarily by a decrease in imports from Australia (MYR-178M or -94.9%) and India (MYR-900k or -83.7%).
EXPORT GROWTH (March 2019 - August 2020): MYR-26.2M, (-95.1%)
IMPORT GROWTH (September 2019 - September 2020): MYR-29.2M, (-66.2%)
MAIN DESTINATION (August 2020): ,
This section shows Precious Metal 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 Precious Metal Ore over time.
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EXPORTS (2021): $25.7M
IMPORTS (2021): $85.8M
NET TRADE (2021): -$60M
In 2021, Malaysia exported $25.7M in Precious Metal Ore. The main destinations of Malaysia exports on Precious Metal Ore were China ($23.1M), India ($1.96M), Belgium ($382k), South Korea ($296k), and Cambodia ($43.5k).
In 2021, Malaysia imported $85.8M in Precious Metal Ore, mainly from Australia ($58.7M), Saudi Arabia ($7.35M), Spain ($5.06M), Switzerland ($4.59M), and Greece ($4.04M).
THE FASTEST GROWING Precious Metal Ore EXPORT MARKETS FOR Malaysia WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Ore BY Malaysia WERE (2020 - 2021):
In 2021, Malaysia's main exporting competitors in Precious Metal Ore were:
In 2021, Malaysia's main importing competitors in Precious Metal Ore were:
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