Molybdenum Ore in Chile | The Observatory of Economic Complexity

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Exports In 2022, Chile exported $1.85B in Molybdenum Ore, making it the 1st largest exporter of Molybdenum Ore in the world. At the same year, Molybdenum Ore was the 10th most exported product in Chile. The main destination of Molybdenum Ore exports from Chile are: Japan ($532M), South Korea ($288M), Brazil ($271M), Netherlands ($218M), and China ($203M).

The fastest growing export markets for Molybdenum Ore of Chile between 2021 and 2022 were Japan ($68.4M), Netherlands ($51.7M), and China ($45.9M).

Imports In 2022, Chile imported $469M in Molybdenum Ore, becoming the 6th largest importer of Molybdenum Ore in the world. At the same year, Molybdenum Ore was the 33rd most imported product in Chile. Chile imports Molybdenum Ore primarily from: Peru ($390M), Mexico ($60.2M), Armenia ($9.02M), United States ($6.84M), and Japan ($1.34M).

The fastest growing import markets in Molybdenum Ore for Chile between 2021 and 2022 were Armenia ($9.02M), Australia ($1.19M), and Canada ($14.8k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Molybdenum Ore from Chile to the United States.

Latest Trends

January 2024

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Overview In January 2024 Chile's Molybdenum Ore exports accounted up to $206M and imports accounted up to $4.12M, resulting in a positive trade balance of $202M. Between January 2023 and January 2024 the exports of Chile's Molybdenum Ore have decreased by $-5.38M (-2.54%) from $212M to $206M, while imports increased by $4.12M (1.21M%) from $342 to $4.12M.

Destinations In January 2024, Molybdenum Ore were exported mostly to Japan ($58.4M), South Korea ($36.8M), Brazil ($31.7M), India ($26.4M), and Heard Island and McDonald Islands ($16.2M), and were imported mostly from Peru ($4.12M).

Growth In January 2024, the decrease in Molybdenum Ore's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-13.9M or -28.2%), Italy ($-3M or -24.1%), and Heard Island and McDonald Islands ($-2.27M or -16%). In January 2024, the increase in Molybdenum Ore's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-5.38M(-2.54%)

IMPORT GROWTH (August 2020 - January 2024)$4.12M(1.21M%)

MAIN EXPORTER (January 2024)Las Condes$80.7M

MAIN DESTINATION (January 2024)Japan$58.4M

This section shows Molybdenum Ore's exports and imports data at subnational level for Chile. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.85B

IMPORTS (2022)$469M

NET TRADE (2022)$1.38B

In 2022, Chile exported $1.85B in Molybdenum Ore. The main destinations of Chile exports on Molybdenum Ore were Japan ($532M), South Korea ($288M), Brazil ($271M), Netherlands ($218M), and China ($203M).

In 2022, Chile imported $469M in Molybdenum Ore, mainly from Peru ($390M), Mexico ($60.2M), Armenia ($9.02M), United States ($6.84M), and Japan ($1.34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Exports

Imports

Starting

Ending

THE FASTEST GROWING Molybdenum Ore EXPORT MARKETS FOR Chile WERE (2021 - 2022):

Japan$68.4M (14.8%)

Netherlands$51.7M (31.2%)

China$45.9M (29.2%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molybdenum Ore BY Chile WERE (2021 - 2022):

India-$34.1M (-51.3%)

Belgium-$29.6M (-19.8%)

South Korea-$14M (-4.65%)

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Change in Exports by Market (2021 - 2022)

Market Concentration

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LinePlot

StackedArea

Flow

Export

Import

Type

Value

Share

In 2022, Chile's main exporting competitors in Molybdenum Ore were:

United States $1.06B

Peru $861M

In 2022, Chile's main importing competitors in Molybdenum Ore were:

Netherlands $903M

South Korea $791M

Japan $769M

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Subnational Monthly Trade

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Historical Data

Trade Balance

Export Destinations (2022)

Import Origins (2022)

Market Growth

Change in Exports by Market (2021 - 2022)

Market Concentration

Trade Value of Molybdenum Ore by Exporters

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