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2023
Exports $35.4MWorld Rnk 17 / 79
Flag Rnk 412 / 1208
2023
Destination $5.81M Thailand
2022 - 2023
FASTEST GROWING MARKET $5.81MSouth Korea
2023
PRODUCT COMPLEXITY IN Titanium Ore-1.98Rnk 997 / 1025
2023
Imports $84.5MWorld Rnk 10 / 99
Flag Rnk 364 / 1211
2023
Origin $17.2M Australia
2022 - 2023
FASTEST GROWING ORIGIN $17.2MSouth Africa
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $35.4M in Titanium Ore, making it the 17th largest exporter of Titanium Ore in the world. At the same year, Titanium Ore was the 412th most exported product in Malaysia. The main destination of Titanium Ore exports from Malaysia are: Thailand ($8.23M), South Korea ($5.99M), China ($5.6M), India ($3.47M), and Papua New Guinea ($3.16M).

The fastest growing export markets for Titanium Ore of Malaysia between 2022 and 2023 were South Korea ($5.81M), Thailand ($4.37M), and Papua New Guinea ($3.16M).

Imports In 2023, Malaysia imported $84.5M in Titanium Ore, becoming the 10th largest importer of Titanium Ore in the world. At the same year, Titanium Ore was the 364th most imported product in Malaysia. Malaysia imports Titanium Ore primarily from: Australia ($33.8M), South Africa ($19.4M), Kenya ($12M), Mozambique ($9.82M), and India ($3.76M).

The fastest growing import markets in Titanium Ore for Malaysia between 2022 and 2023 were South Africa ($17.2M), Kenya ($3.86M), and Norway ($1.4M).

Latest Trends

December 2024

About

Overview In December 2024 Malaysia's Titanium Ore exports accounted up to MYR17.5M and imports accounted up to MYR23.6M, resulting in a negative trade balance of MYR6.15M. Between December 2023 and December 2024 the exports of Malaysia's   Titanium Ore have decreased by MYR-11.1M (-38.8%) from MYR28.5M to MYR17.5M, while imports decreased by MYR-55.1M (-70%) from MYR78.7M to MYR23.6M.

Destinations In December 2024, Titanium Ore were exported mostly to India (MYR5.05M), South Korea (MYR4.7M), Indonesia (MYR2.55M), Thailand (MYR1.42M), and Singapore (MYR995k), and were imported mostly from Mozambique (MYR18M), India (MYR3.77M), Australia (MYR1.82M), Netherlands (MYR52k), and South Korea (MYR14.5k).

Growth In December 2024, the decrease in Titanium Ore's year-by-year exports was explained primarily by a decrease in exports to United States (MYR-77.7k or -13.3%). In December 2024, the decrease in Titanium Ore's year-by-year imports was explained primarily by a decrease in imports from China (MYR-66.9k or -16.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)MYR-11.1M(-38.8%)
IMPORT GROWTH (December 2023 - December 2024)MYR-55.1M(-70%)
MAIN DESTINATION (December 2024)IndiaMYR5.05M

This section shows Titanium 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 Titanium Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$35.4M
IMPORTS (2023)$84.5M
NET TRADE (2023)-$49.1M

In 2023, Malaysia exported $35.4M in Titanium Ore. The main destinations of Malaysia exports on Titanium Ore were Thailand ($8.23M), South Korea ($5.99M), China ($5.6M), India ($3.47M), and Papua New Guinea ($3.16M).

In 2023, Malaysia imported $84.5M in Titanium Ore, mainly from Australia ($33.8M), South Africa ($19.4M), Kenya ($12M), Mozambique ($9.82M), and India ($3.76M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Titanium Ore EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
South Korea$5.81M (3.16k%)
Thailand$4.37M (113%)
Papua New Guinea$3.16M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Titanium Ore BY Malaysia WERE (2022 - 2023):
Indonesia-$5.54M (-91.1%)
India-$2.85M (-45%)
China-$1.91M (-25.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Titanium Ore were:
South Africa $546M
Mozambique $433M
Australia $409M
In 2023, Malaysia's main importing competitors in Titanium Ore were:
China $943M
Japan $370M
United States $325M

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Trade Value of Titanium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.88M
TOP IMPORT POTENTIALSouth Africa+ $2.13M

Titanium Ore’s highest export potential is China. With an export gap of $3.88M.   Titanium Ore’s highest import potential is South Africa with an import gap of $2.13M.

See methodology.

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