Niobium, Tantalum, Vanadium and Zirconium Ore in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $97.9M in Niobium, Tantalum, Vanadium and Zirconium Ore, making it the 7th largest exporter of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 284th most exported product in Malaysia. The main destination of Niobium, Tantalum, Vanadium and Zirconium Ore exports from Malaysia are: India ($29.9M), Thailand ($26.7M), China ($15.3M), United Arab Emirates ($7.51M), and Indonesia ($3.63M).

The fastest growing export markets for Niobium, Tantalum, Vanadium and Zirconium Ore of Malaysia between 2021 and 2022 were India ($6.2M), Thailand ($4.09M), and Burma ($2.67M).

Imports In 2022, Malaysia imported $132M in Niobium, Tantalum, Vanadium and Zirconium Ore, becoming the 6th largest importer of Niobium, Tantalum, Vanadium and Zirconium Ore in the world. At the same year, Niobium, Tantalum, Vanadium and Zirconium Ore was the 311th most imported product in Malaysia. Malaysia imports Niobium, Tantalum, Vanadium and Zirconium Ore primarily from: Nigeria ($32.9M), Republic of the Congo ($31.7M), Singapore ($16.6M), Indonesia ($14.4M), and South Africa ($13M).

The fastest growing import markets in Niobium, Tantalum, Vanadium and Zirconium Ore for Malaysia between 2021 and 2022 were Nigeria ($25.6M), Singapore ($16.6M), and Indonesia ($8.98M).

Latest Trends

September 2024

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Overview In September 2024 Malaysia's Niobium, Tantalum, Vanadium and Zirconium Ore exports accounted up to MYR17.6M and imports accounted up to MYR23.9M, resulting in a negative trade balance of MYR6.28M. Between September 2023 and September 2024 the exports of Malaysia's Niobium, Tantalum, Vanadium and Zirconium Ore have increased by MYR8.58M (94.6%) from MYR9.06M to MYR17.6M, while imports decreased by MYR-44.6M (-65.1%) from MYR68.5M to MYR23.9M.

Destinations In September 2024, Niobium, Tantalum, Vanadium and Zirconium Ore were exported mostly to India (MYR7.36M), China (MYR5.89M), Thailand (MYR1.52M), Japan (MYR1.3M), and Chinese Taipei (MYR876k), and were imported mostly from Nigeria (MYR10.7M), Australia (MYR5.02M), Rwanda (MYR2.18M), Tanzania (MYR2.05M), and Indonesia (MYR1.03M).

Growth In September 2024, the increase in Niobium, Tantalum, Vanadium and Zirconium Ore's year-by-year exports was explained primarily by an increase in exports to Thailand (MYR10.3M or 161%), India (MYR1.61M or 57.9%), and Chinese Taipei (MYR602k or 71.1%). In September 2024, the decrease in Niobium, Tantalum, Vanadium and Zirconium Ore's year-by-year imports was explained primarily by a decrease in imports from Nigeria (MYR-68.2M or -97.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)MYR8.58M(94.6%)

IMPORT GROWTH (September 2023 - September 2024)MYR-44.6M(-65.1%)

MAIN DESTINATION (September 2024)IndiaMYR7.36M

This section shows Niobium, Tantalum, Vanadium and Zirconium Ore'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 Niobium, Tantalum, Vanadium and Zirconium Ore over time.

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