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2023
Exports $1.01MWorld Rnk 27 / 74
Flag Rnk 953 / 1208
2023
Destination $902k China
2022 - 2023
FASTEST GROWING MARKET $902kChina
2023
PRODUCT COMPLEXITY IN Chromium Ore-2.49Rnk 1018 / 1025
2023
Imports $2.57MWorld Rnk 33 / 107
Flag Rnk 991 / 1211
2023
Origin $110k South Africa
2022 - 2023
FASTEST GROWING ORIGIN $110kChina
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $1.01M in Chromium Ore, making it the 27th largest exporter of Chromium Ore in the world. At the same year, Chromium Ore was the 953rd most exported product in Malaysia. The main destination of Chromium Ore exports from Malaysia are: China ($1M), Vietnam ($6.93k), Brunei ($1.23k), and Indonesia ($4).

The fastest growing export markets for Chromium Ore of Malaysia between 2022 and 2023 were China ($902k), Vietnam ($6.93k), and Brunei ($1.23k).

Imports In 2023, Malaysia imported $2.57M in Chromium Ore, becoming the 33rd largest importer of Chromium Ore in the world. At the same year, Chromium Ore was the 991st most imported product in Malaysia. Malaysia imports Chromium Ore primarily from: South Africa ($2.34M), China ($155k), Saudi Arabia ($46.5k), Pakistan ($20.2k), and United States ($4.73k).

The fastest growing import markets in Chromium Ore for Malaysia between 2022 and 2023 were China ($110k), Pakistan ($20.2k), and Thailand ($1.93k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Chromium Ore exports accounted up to MYR28.7k and imports accounted up to MYR500k, resulting in a negative trade balance of MYR471k. Between November 2019 and June 2024 the exports of Malaysia's   Chromium Ore have increased by MYR17.9k (167%) from MYR10.7k to MYR28.7k, while imports increased by MYR291k (139%) from MYR209k to MYR500k.

Destinations In June 2024, Chromium Ore were exported mostly to , and were imported mostly from South Africa (MYR500k).

Growth In June 2024, the increase in Chromium Ore's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the increase in Chromium 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 2019 - June 2024)MYR17.9k(167%)
IMPORT GROWTH (November 2023 - November 2024)MYR291k(139%)
MAIN DESTINATION (June 2024)

This section shows Chromium 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 Chromium Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.01M
IMPORTS (2023)$2.57M
NET TRADE (2023)-$1.56M

In 2023, Malaysia exported $1.01M in Chromium Ore. The main destinations of Malaysia exports on Chromium Ore were China ($1M), Vietnam ($6.93k), Brunei ($1.23k), and Indonesia ($4).

In 2023, Malaysia imported $2.57M in Chromium Ore, mainly from South Africa ($2.34M), China ($155k), Saudi Arabia ($46.5k), Pakistan ($20.2k), and United States ($4.73k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Chromium Ore EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
China$902k (910%)
Vietnam$6.93k (1%)
Brunei$1.23k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chromium Ore BY Malaysia WERE (2022 - 2023):
Japan-$33.1k (-100%)
Indonesia-$12k (-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 Chromium Ore were:
South Africa $6.29B
Turkey $422M
Zimbabwe $217M
In 2023, Malaysia's main importing competitors in Chromium Ore were:
China $4.9B
Mozambique $1.69B
Indonesia $227M

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Trade Value of Chromium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $144k
TOP IMPORT POTENTIALSouth Africa+ $814k

Chromium Ore’s highest export potential is China. With an export gap of $144k.   Chromium Ore’s highest import potential is South Africa with an import gap of $814k.

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