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2022
Exports $593kWorld Rnk 50 / 116
Flag Rnk 995 / 1198
2022
Destination $286k Ethiopia
2021 - 2022
FASTEST GROWING MARKET $286kEthiopia
2022
PRODUCT COMPLEXITY IN Magnesium Carbonate-0.46Rnk 685 / 1025
2022
Imports $28.2MWorld Rnk 22 / 172
Flag Rnk 632 / 1203
2022
Origin $3.65M China
2021 - 2022
FASTEST GROWING ORIGIN $3.65MChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $593k in Magnesium Carbonate, making it the 50th largest exporter of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 995th most exported product in Malaysia. The main destination of Magnesium Carbonate exports from Malaysia are: Ethiopia ($336k), Singapore ($79.4k), Indonesia ($56.6k), India ($33.3k), and China ($24.3k).

The fastest growing export markets for Magnesium Carbonate of Malaysia between 2021 and 2022 were Ethiopia ($286k), Indonesia ($31.1k), and New Zealand ($14k).

Imports In 2022, Malaysia imported $28.2M in Magnesium Carbonate, becoming the 22nd largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 632nd most imported product in Malaysia. Malaysia imports Magnesium Carbonate primarily from: China ($22M), Saudi Arabia ($3.01M), Japan ($987k), Vietnam ($480k), and United States ($358k).

The fastest growing import markets in Magnesium Carbonate for Malaysia between 2021 and 2022 were China ($3.65M), Saudi Arabia ($540k), and United States ($275k).

Latest Trends

July 2024

About

Overview In July 2024 Malaysia's Magnesium Carbonate exports accounted up to MYR108k and imports accounted up to MYR14.7M, resulting in a negative trade balance of MYR14.6M. Between June 2023 and July 2024 the exports of Malaysia's   Magnesium Carbonate have decreased by MYR-465k (-81.2%) from MYR573k to MYR108k, while imports increased by MYR3.53M (31.6%) from MYR11.2M to MYR14.7M.

Destinations In July 2024, Magnesium Carbonate were exported mostly to Singapore (MYR81.2k), Vietnam (MYR14.3k), and Brunei (MYR12.6k), and were imported mostly from China (MYR9.51M), Saudi Arabia (MYR4.23M), Japan (MYR286k), United States (MYR246k), and Netherlands (MYR201k).

Growth In July 2024, the decrease in Magnesium Carbonate's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the increase in Magnesium Carbonate's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - July 2024)MYR-465k(-81.2%)
IMPORT GROWTH (July 2023 - July 2024)MYR3.53M(31.6%)
MAIN DESTINATION (July 2024)SingaporeMYR81.2k

This section shows Magnesium Carbonate'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 Magnesium Carbonate over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$593k
IMPORTS (2022)$28.2M
NET TRADE (2022)-$27.6M

In 2022, Malaysia exported $593k in Magnesium Carbonate. The main destinations of Malaysia exports on Magnesium Carbonate were Ethiopia ($336k), Singapore ($79.4k), Indonesia ($56.6k), India ($33.3k), and China ($24.3k).

In 2022, Malaysia imported $28.2M in Magnesium Carbonate, mainly from China ($22M), Saudi Arabia ($3.01M), Japan ($987k), Vietnam ($480k), and United States ($358k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Carbonate EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Ethiopia$286k (573%)
Indonesia$31.1k (122%)
New Zealand$14k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Carbonate BY Malaysia WERE (2021 - 2022):
China-$777k (-97%)
Iran-$118k (-92%)
Singapore-$50.6k (-38.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Magnesium Carbonate were:
China $1.24B
United States $185M
Netherlands $119M
In 2022, Malaysia's main importing competitors in Magnesium Carbonate were:
United States $334M
Germany $230M
Democratic Republic of the Congo $214M

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Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $96.1k
TOP IMPORT POTENTIALChina+ $894k

Magnesium Carbonate’s highest export potential is Indonesia. With an export gap of $96.1k.   Magnesium Carbonate’s highest import potential is China with an import gap of $894k.

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