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2023
Exports $2.38BWorld Rnk 1 / 70
Flag Rnk 7 / 1133
2023
Destination $135M Japan
2022 - 2023
FASTEST GROWING MARKET $135MJapan
2023
PRODUCT COMPLEXITY IN Molybdenum Ore-0.81Rnk 785 / 1025
2023
Imports $703MWorld Rnk 6 / 71
Flag Rnk 17 / 1199
2023
Origin $54.7M Peru
2022 - 2023
FASTEST GROWING ORIGIN $54.7MUnited States
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $2.38B in Molybdenum Ore, making it the 1st largest exporter of Molybdenum Ore in the world. At the same year, Molybdenum Ore was the 7th most exported product in Chile. The main destination of Molybdenum Ore exports from Chile are: Japan ($704M), South Korea ($374M), Brazil ($311M), China ($242M), and Netherlands ($211M).

The fastest growing export markets for Molybdenum Ore of Chile between 2022 and 2023 were Japan ($135M), India ($95.4M), and South Korea ($70.6M).

Imports In 2023, Chile imported $703M in Molybdenum Ore, becoming the 6th largest importer of Molybdenum Ore in the world. At the same year, Molybdenum Ore was the 17th most imported product in Chile. Chile imports Molybdenum Ore primarily from: Peru ($549M), United States ($64.6M), Mexico ($44.6M), Netherlands ($17.3M), and Armenia ($14M).

The fastest growing import markets in Molybdenum Ore for Chile between 2022 and 2023 were United States ($54.7M), Peru ($31.7M), and Netherlands ($17.3M).

Latest Trends

November 2024

About

Overview In November 2024 Chile's Molybdenum Ore exports accounted up to $159M and imports accounted up to $1.93M, resulting in a positive trade balance of $157M. Between November 2023 and November 2024 the exports of Chile's   Molybdenum Ore have decreased by $-496k (-0.31%) from $159M to $159M, while imports decreased by $-1.06M (-35.3%) from $2.99M to $1.93M.

Destinations In November 2024, Molybdenum Ore were exported mostly to Japan ($40M), South Korea ($29.8M), Brazil ($26.7M), Belgium ($17.4M), and India ($12.6M), and were imported mostly from .

Growth In November 2024, the decrease in Molybdenum Ore's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-13.9M or -28.2%), Italy ($-3M or -24.1%), and Heard Island and McDonald Islands ($-2.27M or -16%). In October 2024, the decrease in Molybdenum Ore's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-496k(-0.31%)
IMPORT GROWTH (February 2021 - October 2024)$-1.06M(-35.3%)
MAIN EXPORTER (November 2024)Santiago$84.9M
MAIN DESTINATION (November 2024)Japan$40M

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

Trade Balance

Color
EXPORTS (2023)$2.38B
IMPORTS (2023)$703M
NET TRADE (2023)$1.68B

In 2023, Chile exported $2.38B in Molybdenum Ore. The main destinations of Chile exports on Molybdenum Ore were Japan ($704M), South Korea ($374M), Brazil ($311M), China ($242M), and Netherlands ($211M).

In 2023, Chile imported $703M in Molybdenum Ore, mainly from Peru ($549M), United States ($64.6M), Mexico ($44.6M), Netherlands ($17.3M), and Armenia ($14M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Molybdenum Ore EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Japan$135M (23.7%)
India$95.4M (164%)
South Korea$70.6M (23.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molybdenum Ore BY Chile WERE (2022 - 2023):
Belgium-$84.4M (-49.6%)
Italy-$3.86M (-7.38%)
Vietnam-$1.24M (-10.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Molybdenum Ore were:
Peru $1.47B
United States $1.19B
In 2023, Chile's main importing competitors in Molybdenum Ore were:
South Korea $981M
China $962M
Japan $960M

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Trade Value of Molybdenum Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $13.9M
TOP IMPORT POTENTIALUnited States+ $4.55M

Molybdenum Ore’s highest export potential is United States. With an export gap of $13.9M.   Molybdenum Ore’s highest import potential is United States with an import gap of $4.55M.

See methodology.

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