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2022
Exports $294MWorld Rnk 6 / 71
Flag Rnk 687 / 1216
2022
Destination $108M South Korea
2021 - 2022
FASTEST GROWING MARKET $108MSouth Korea
2022
PRODUCT COMPLEXITY IN Molybdenum Ore-0.63Rnk 742 / 1025
2022
Imports $534MWorld Rnk 4 / 80
Flag Rnk 334 / 1212
2022
Origin $49.8M Chile
2021 - 2022
FASTEST GROWING ORIGIN $49.8MMexico
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $294M in Molybdenum Ore, making it the 6th largest exporter of Molybdenum Ore in the world. At the same year, Molybdenum Ore was the 687th most exported product in China. The main destination of Molybdenum Ore exports from China are: South Korea ($201M), Thailand ($39.6M), Netherlands ($11.5M), Japan ($10.3M), and Chinese Taipei ($7.75M).

The fastest growing export markets for Molybdenum Ore of China between 2021 and 2022 were South Korea ($108M), Thailand ($6.77M), and Turkey ($4.16M).

Imports In 2022, China imported $534M in Molybdenum Ore, becoming the 4th largest importer of Molybdenum Ore in the world. At the same year, Molybdenum Ore was the 334th most imported product in China. China imports Molybdenum Ore primarily from: Chile ($203M), Armenia ($80.9M), Mongolia ($72.6M), Mexico ($63.8M), and Peru ($55.5M).

The fastest growing import markets in Molybdenum Ore for China between 2021 and 2022 were Mexico ($49.8M), Chile ($45.9M), and Kazakhstan ($15.8M).

Latest Trends

October 2024

About

Overview In October 2024 China's Molybdenum Ore exports accounted up to $46.9M and imports accounted up to $102M, resulting in a negative trade balance of $55M. Between October 2023 and October 2024 the exports of China's   Molybdenum Ore have decreased by $-1.8M (-3.69%) from $48.7M to $46.9M, while imports decreased by $-11.5M (-10.2%) from $113M to $102M.

Destinations In October 2024, Molybdenum Ore were exported mostly to South Korea ($33.6M), Thailand ($10.1M), India ($2.23M), Japan ($588k), and Chinese Taipei ($427k), and were imported mostly from Peru ($51.4M), Mongolia ($10.6M), Kazakhstan ($8.85M), Mexico ($8.28M), and Armenia ($7.14M).

Growth In October 2024, the decrease in Molybdenum Ore's year-by-year exports was explained primarily by a decrease in exports to . In October 2024, the decrease in Molybdenum Ore's year-by-year imports was explained primarily by a decrease in imports from Armenia ($-9.09M or -84.9%), Chile ($-2.64M or -20.2%), and North Korea ($-2.01M or -78.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-1.8M(-3.69%)
IMPORT GROWTH (October 2023 - October 2024)$-11.5M(-10.2%)
MAIN EXPORTER (October 2024)Liaoning Province$29M
MAIN DESTINATION (October 2024)South Korea$33.6M

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 (2022)$294M
IMPORTS (2022)$534M
NET TRADE (2022)-$241M

In 2022, China exported $294M in Molybdenum Ore. The main destinations of China exports on Molybdenum Ore were South Korea ($201M), Thailand ($39.6M), Netherlands ($11.5M), Japan ($10.3M), and Chinese Taipei ($7.75M).

In 2022, China imported $534M in Molybdenum Ore, mainly from Chile ($203M), Armenia ($80.9M), Mongolia ($72.6M), Mexico ($63.8M), and Peru ($55.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molybdenum Ore EXPORT MARKETS FOR China WERE (2021 - 2022):
South Korea$108M (116%)
Thailand$6.77M (20.6%)
Turkey$4.16M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molybdenum Ore BY China WERE (2021 - 2022):
Netherlands-$11.9M (-50.9%)
Japan-$9.66M (-48.4%)
Russia-$5.08M (-94.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Molybdenum Ore were:
Chile $1.85B
United States $1.06B
Peru $861M
In 2022, China's main importing competitors in Molybdenum Ore were:
Netherlands $903M
South Korea $791M
Japan $769M

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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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