Molybdenum Ore in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $294M in Molybdenum Ore, making it the 6th largest exporter of Molybdenum Ore in the world. At the same year, Molybdenum Ore was the 687th most exported product in China. The main destination of Molybdenum Ore exports from China are: South Korea ($201M), Thailand ($39.6M), Netherlands ($11.5M), Japan ($10.3M), and Chinese Taipei ($7.75M).

The fastest growing export markets for Molybdenum Ore of China between 2021 and 2022 were South Korea ($108M), Thailand ($6.77M), and Turkey ($4.16M).

Imports In 2022, China imported $534M in Molybdenum Ore, becoming the 4th largest importer of Molybdenum Ore in the world. At the same year, Molybdenum Ore was the 334th most imported product in China. China imports Molybdenum Ore primarily from: Chile ($203M), Armenia ($80.9M), Mongolia ($72.6M), Mexico ($63.8M), and Peru ($55.5M).

The fastest growing import markets in Molybdenum Ore for China between 2021 and 2022 were Mexico ($49.8M), Chile ($45.9M), and Kazakhstan ($15.8M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Molybdenum Ore from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Molybdenum Ore exports accounted up to $26.1M and imports accounted up to $65.9M, resulting in a negative trade balance of $39.8M. Between February 2023 and February 2024 the exports of China's Molybdenum Ore have decreased by $-40.8M (-61%) from $66.9M to $26.1M, while imports decreased by $-31.2M (-32.1%) from $97.1M to $65.9M.

Destinations In February 2024, Molybdenum Ore were exported mostly to South Korea ($14.6M) and Thailand ($11.5M), and were imported mostly from Peru ($27.4M), Chile ($13.7M), Kazakhstan ($8.47M), Mongolia ($7.03M), and United States ($3.71M).

Growth In February 2024, the decrease in Molybdenum Ore's year-by-year exports was explained primarily by a decrease in exports to . In February 2024, the decrease in Molybdenum Ore's year-by-year imports was explained primarily by a decrease in imports from Armenia ($-9.09M or -84.9%), Chile ($-2.64M or -20.2%), and North Korea ($-2.01M or -78.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-40.8M(-61%)

IMPORT GROWTH (February 2023 - February 2024)$-31.2M(-32.1%)

MAIN EXPORTER (February 2024)Liaoning Province$23.7M

MAIN DESTINATION (February 2024)South Korea$14.6M

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