2022
Exports
$690MWorld Rnk 1 / 80
Flag Rnk 69 / 1198
2022
PRODUCT COMPLEXITY IN Rare-Earth Metal Compounds
0.68Rnk 287 / 1025
2022
Imports
$7.07MWorld Rnk 25 / 144
Flag Rnk 889 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $690M in Rare-Earth Metal Compounds, making it the 1st largest exporter of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 69th most exported product in Malaysia. The main destination of Rare-Earth Metal Compounds exports from Malaysia are: Vietnam ($238M), China ($211M), Thailand ($105M), Japan ($101M), and France ($13M).

The fastest growing export markets for Rare-Earth Metal Compounds of Malaysia between 2021 and 2022 were China ($75.7M), Japan ($69.4M), and Vietnam ($62.4M).

Imports In 2022, Malaysia imported $7.07M in Rare-Earth Metal Compounds, becoming the 25th largest importer of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 889th most imported product in Malaysia. Malaysia imports Rare-Earth Metal Compounds primarily from: Japan ($4.72M), China ($899k), Hong Kong ($483k), Singapore ($353k), and United States ($145k).

The fastest growing import markets in Rare-Earth Metal Compounds for Malaysia between 2021 and 2022 were Japan ($1.04M), China ($162k), and United States ($68.9k).

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)MYR30.7M(25.4%)
IMPORT GROWTH (September 2023 - September 2024)MYR171k(9.34%)
MAIN DESTINATION (September 2024)ChinaMYR89.5M

This section shows Rare-Earth Metal Compounds'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 Rare-Earth Metal Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$690M
IMPORTS (2022)$7.07M
NET TRADE (2022)$683M

In 2022, Malaysia exported $690M in Rare-Earth Metal Compounds. The main destinations of Malaysia exports on Rare-Earth Metal Compounds were Vietnam ($238M), China ($211M), Thailand ($105M), Japan ($101M), and France ($13M).

In 2022, Malaysia imported $7.07M in Rare-Earth Metal Compounds, mainly from Japan ($4.72M), China ($899k), Hong Kong ($483k), Singapore ($353k), and United States ($145k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rare-Earth Metal Compounds EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$75.7M (55.8%)
Japan$69.4M (222%)
Vietnam$62.4M (35.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rare-Earth Metal Compounds BY Malaysia WERE (2021 - 2022):
Hong Kong-$481k (-100%)
South Korea-$226k (-99.1%)
Indonesia-$55.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Rare-Earth Metal Compounds were:
China $679M
Burma $604M
In 2022, Malaysia's main importing competitors in Rare-Earth Metal Compounds were:
China $1.48B
Japan $488M

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Trade Value of Rare-Earth Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.43M
TOP IMPORT POTENTIALChina+ $775k

Rare-Earth Metal Compounds’s highest export potential is United States. With an export gap of $5.43M.   Rare-Earth Metal Compounds’s highest import potential is China with an import gap of $775k.

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