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2023
Exports $548MWorld Rnk 5 / 70
Flag Rnk 545 / 1215
2023
Destination $212M South Korea
2022 - 2023
FASTEST GROWING MARKET $212MSouth Korea
2023
PRODUCT COMPLEXITY IN Molybdenum Ore-0.81Rnk 785 / 1025
2023
Imports $962MWorld Rnk 2 / 71
Flag Rnk 221 / 1214
2023
Origin $139M Chile
2022 - 2023
FASTEST GROWING ORIGIN $139MPeru
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $548M in Molybdenum Ore, making it the 5th largest exporter of Molybdenum Ore in the world. At the same year, Molybdenum Ore was the 545th most exported product in China. The main destination of Molybdenum Ore exports from China are: South Korea ($377M), Thailand ($85.7M), India ($52.3M), Chinese Taipei ($7.19M), and Netherlands ($6.48M).

The fastest growing export markets for Molybdenum Ore of China between 2022 and 2023 were South Korea ($212M), Thailand ($67.2M), and India ($46.3M).

Imports In 2023, China imported $962M in Molybdenum Ore, becoming the 2nd largest importer of Molybdenum Ore in the world. At the same year, Molybdenum Ore was the 221st most imported product in China. China imports Molybdenum Ore primarily from: Chile ($242M), Peru ($195M), Mexico ($163M), Mongolia ($99.4M), and Kazakhstan ($82.3M).

The fastest growing import markets in Molybdenum Ore for China between 2022 and 2023 were Peru ($139M), Mexico ($98.8M), and Kazakhstan ($61.2M).

Latest Trends

December 2024

About

Overview In December 2024 China's Molybdenum Ore exports accounted up to $56.9M and imports accounted up to $142M, resulting in a negative trade balance of $85.3M. Between December 2023 and December 2024 the exports of China's   Molybdenum Ore have increased by $18.9M (49.6%) from $38.1M to $56.9M, while imports increased by $73.2M (106%) from $69M to $142M.

Destinations In December 2024, Molybdenum Ore were exported mostly to South Korea ($41.8M), Thailand ($7.83M), Japan ($3.65M), India ($2.38M), and Chinese Taipei ($1.29M), and were imported mostly from Peru ($69.7M), Chile ($16.5M), United States ($11.8M), Mongolia ($11.5M), and Armenia ($9.85M).

Growth In December 2024, the increase in Molybdenum Ore's year-by-year exports was explained primarily by an increase in exports to Thailand ($2.64M or 22.4%). In December 2024, the increase in Molybdenum Ore's year-by-year imports was explained primarily by an increase in imports from Kazakhstan ($5.74M or 80%), Thailand ($810k or 412%), and Burma ($497k or 105%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$18.9M(49.6%)
IMPORT GROWTH (December 2023 - December 2024)$73.2M(106%)
MAIN EXPORTER (December 2024)Liaoning Province$29M
MAIN DESTINATION (December 2024)South Korea$41.8M

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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Historical Data

Trade Balance

Color
EXPORTS (2023)$548M
IMPORTS (2023)$962M
NET TRADE (2023)-$413M

In 2023, China exported $548M in Molybdenum Ore. The main destinations of China exports on Molybdenum Ore were South Korea ($377M), Thailand ($85.7M), India ($52.3M), Chinese Taipei ($7.19M), and Netherlands ($6.48M).

In 2023, China imported $962M in Molybdenum Ore, mainly from Chile ($242M), Peru ($195M), Mexico ($163M), Mongolia ($99.4M), and Kazakhstan ($82.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Molybdenum Ore EXPORT MARKETS FOR China WERE (2022 - 2023):
South Korea$212M (128%)
Thailand$67.2M (362%)
India$46.3M (778%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molybdenum Ore BY China WERE (2022 - 2023):
Netherlands-$11.6M (-64.2%)
Japan-$6.73M (-82%)
United States-$6.41M (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Molybdenum Ore were:
Chile $2.38B
Peru $1.47B
United States $1.19B
In 2023, China's main importing competitors in Molybdenum Ore were:
South Korea $981M
Japan $960M

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Trade Value of Molybdenum Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $8.9M
TOP IMPORT POTENTIALPeru+ $17.8M

Molybdenum Ore’s highest export potential is Japan. With an export gap of $8.9M.   Molybdenum Ore’s highest import potential is Peru with an import gap of $17.8M.

See methodology.

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