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2022
Exports $123kWorld Rnk 34 / 79
Flag Rnk 1089 / 1198
2022
Destination $85.8k China
2021 - 2022
FASTEST GROWING MARKET $85.8kChina
2022
PRODUCT COMPLEXITY IN Chromium Ore-2.56Rnk 1021 / 1025
2022
Imports $9.27MWorld Rnk 16 / 111
Flag Rnk 841 / 1203
2022
Origin $7.18M South Africa
2021 - 2022
FASTEST GROWING ORIGIN $7.18MSouth Africa
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $123k in Chromium Ore, making it the 34th largest exporter of Chromium Ore in the world. At the same year, Chromium Ore was the 1089th most exported product in Malaysia. The main destination of Chromium Ore exports from Malaysia are: China ($85.8k), Japan ($33.1k), and Indonesia ($4.11k).

The fastest growing export markets for Chromium Ore of Malaysia between 2021 and 2022 were China ($85.8k) and Japan ($33.1k).

Imports In 2022, Malaysia imported $9.27M in Chromium Ore, becoming the 16th largest importer of Chromium Ore in the world. At the same year, Chromium Ore was the 841st most imported product in Malaysia. Malaysia imports Chromium Ore primarily from: South Africa ($9.14M), China ($51.5k), Saudi Arabia ($50.4k), Japan ($24.5k), and United States ($4.18k).

The fastest growing import markets in Chromium Ore for Malaysia between 2021 and 2022 were South Africa ($7.18M), Saudi Arabia ($50.4k), and Japan ($24.5k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Chromium Ore exports accounted up to MYR28.7k and imports accounted up to MYR2.02M, resulting in a negative trade balance of MYR1.99M. 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 MYR1.76M (696%) from MYR253k to MYR2.02M.

Destinations In June 2024, Chromium Ore were exported mostly to , and were imported mostly from South Africa (MYR2.02M).

Growth In June 2024, the increase in Chromium Ore's year-by-year exports was explained primarily by an increase in exports to . In August 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 (August 2023 - August 2024)MYR1.76M(696%)
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 (2022)$123k
IMPORTS (2022)$9.27M
NET TRADE (2022)-$9.15M

In 2022, Malaysia exported $123k in Chromium Ore. The main destinations of Malaysia exports on Chromium Ore were China ($85.8k), Japan ($33.1k), and Indonesia ($4.11k).

In 2022, Malaysia imported $9.27M in Chromium Ore, mainly from South Africa ($9.14M), China ($51.5k), Saudi Arabia ($50.4k), Japan ($24.5k), and United States ($4.18k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chromium Ore EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$85.8k (1%)
Japan$33.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chromium Ore BY Malaysia WERE (2021 - 2022):
Thailand-$5.43k (-100%)
Indonesia-$288 (-6.55%)
Singapore-$278 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Chromium Ore were:
South Africa $2.51B
Turkey $342M
Kazakhstan $146M
In 2022, Malaysia's main importing competitors in Chromium Ore were:
China $1.8B
Mozambique $916M
Russia $163M

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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.

See methodology.

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