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2023
Exports $1.19BWorld Rnk 3 / 70
Flag Rnk 229 / 1217
2023
Destination $141M Netherlands
2022 - 2023
FASTEST GROWING MARKET $141MUnited Kingdom
2023
PRODUCT COMPLEXITY IN Molybdenum Ore-0.81Rnk 785 / 1025
2023
Imports $811MWorld Rnk 5 / 71
Flag Rnk 422 / 1215
2023
Origin $195M Peru
2022 - 2023
FASTEST GROWING ORIGIN $195MPeru
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $1.19B in Molybdenum Ore, making it the 3rd largest exporter of Molybdenum Ore in the world. At the same year, Molybdenum Ore was the 229th most exported product in United States. The main destination of Molybdenum Ore exports from United States are: Netherlands ($471M), United Kingdom ($315M), Japan ($153M), Chile ($64.6M), and China ($64.4M).

The fastest growing export markets for Molybdenum Ore of United States between 2022 and 2023 were United Kingdom ($141M), China ($55.3M), and Chile ($54.7M).

Imports In 2023, United States imported $811M in Molybdenum Ore, becoming the 5th largest importer of Molybdenum Ore in the world. At the same year, Molybdenum Ore was the 422nd most imported product in United States. United States imports Molybdenum Ore primarily from: Peru ($574M), Chile ($108M), Mexico ($106M), Canada ($20.9M), and South Korea ($602k).

The fastest growing import markets in Molybdenum Ore for United States between 2022 and 2023 were Peru ($195M), Mexico ($34M), and Chile ($32.1M).

Latest Trends

November 2024

About

Overview In November 2024 United States' Molybdenum Ore exports accounted up to $134M and imports accounted up to $52.2M, resulting in a positive trade balance of $81.5M. Between November 2023 and November 2024 the exports of United States'   Molybdenum Ore have decreased by $-316k (-0.24%) from $134M to $134M, while imports increased by $19.1M (57.5%) from $33.1M to $52.2M.

Destinations In November 2024, Molybdenum Ore were exported mostly to Netherlands ($64M), United Kingdom ($34.5M), Japan ($15.9M), China ($7.67M), and Mexico ($3.49M), and were imported mostly from Peru ($35.5M), Chile ($8.48M), Mexico ($8.2M), United Kingdom ($0), and Italy ($0).

Growth In November 2024, the decrease in Molybdenum Ore's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-4.74M or -41.6%), Belgium ($-2.31M or -85.7%), and Brazil ($-270k or -68.8%). In November 2024, the increase in Molybdenum Ore's year-by-year imports was explained primarily by an increase in imports from Chile ($8.39M or 206%), Peru ($3.81M or 9.01%), and Canada ($1.96M or 69.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-316k(-0.24%)
IMPORT GROWTH (November 2023 - November 2024)$19.1M(57.5%)
MAIN EXPORTER (November 2024)Arizona$66.6M
MAIN DESTINATION (November 2024)Netherlands$64M

This section shows Molybdenum Ore's exports and imports data at subnational level for United States. 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)$1.19B
IMPORTS (2023)$811M
NET TRADE (2023)$380M

In 2023, United States exported $1.19B in Molybdenum Ore. The main destinations of United States exports on Molybdenum Ore were Netherlands ($471M), United Kingdom ($315M), Japan ($153M), Chile ($64.6M), and China ($64.4M).

In 2023, United States imported $811M in Molybdenum Ore, mainly from Peru ($574M), Chile ($108M), Mexico ($106M), Canada ($20.9M), and South Korea ($602k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Molybdenum Ore EXPORT MARKETS FOR United States WERE (2022 - 2023):
United Kingdom$141M (81.4%)
China$55.3M (611%)
Chile$54.7M (550%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molybdenum Ore BY United States WERE (2022 - 2023):
Netherlands-$73.5M (-13.5%)
Mexico-$14.3M (-85.1%)
South Korea-$6.52M (-20.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Molybdenum Ore were:
Chile $2.38B
Peru $1.47B
In 2023, United States'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 POTENTIALChina+ $15.2M
TOP IMPORT POTENTIALMexico+ $23.6M

Molybdenum Ore’s highest export potential is China. With an export gap of $15.2M.   Molybdenum Ore’s highest import potential is Mexico with an import gap of $23.6M.

See methodology.

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