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Who buys Australia’s lithium? Export destinations 2024

In 2024, Australia exported $3.1 billion of lithium (3.9 million tonnes), 26% of the world total. China bought 93% of the total, followed by South Korea (4%) and Indonesia (2%). Australia was the world’s largest exporter of lithium.

Summary

Value
$3.1billion
Tonnes
3.9million tonnes
Share of world total
26%
World rank
1st
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China2.9Tonnes: 3,723,802USD per tonne: $78392.9%Sea
South Korea0.12Tonnes: 119,110USD per tonne: $9863.7%Sea
Indonesia0.06Tonnes: 73,067USD per tonne: $7601.8%Sea
France0.02Tonnes: 7,336USD per tonne: $2,8470.67%Sea
Germany0.01Tonnes: 5,204USD per tonne: $2,3800.39%Sea
United States0.01Tonnes: 3,545USD per tonne: $3,0980.35%Sea
Belgium re-exports< 0.01Tonnes: 2,826USD per tonne: $3070.03%Sea
Japan< 0.01Tonnes: 247USD per tonne: $2,6930.02%Sea
Turkey< 0.01Tonnes: 135USD per tonne: $4,0860.02%Sea
Mexico< 0.01Tonnes: 255USD per tonne: $1,9820.02%Sea
Spain< 0.01Tonnes: 368USD per tonne: $1,3580.02%Sea
Thailand< 0.01Tonnes: 167USD per tonne: $1,9200.01%Sea
Vietnam< 0.01Tonnes: 129USD per tonne: $1,3580.01%Sea
New Zealand< 0.01Tonnes: 119USD per tonne: $1,3290.01%Sea
Canada< 0.01Tonnes: 11USD per tonne: $13,4050%Sea
Morocco< 0.01Tonnes: 0USD per tonne: $393,4890%Air
Ecuador< 0.01Tonnes: 11USD per tonne: $10,9820%Sea
Malaysia< 0.01Tonnes: 32USD per tonne: $1,8320%Sea
Poland< 0.01Tonnes: 24USD per tonne: $2,4810%Sea
Saudi Arabia< 0.01Tonnes: 2USD per tonne: $22,3780%Sea

Trend

Who it sells to

China has been its main destination since 2002

Value in USD billions. The five largest destinations in 2024.

  • China 2.9
  • South Korea 0.12
  • Indonesia 0.06
  • France 0.02
  • Germany 0.01

Source: CEPII BACI

Show the numbers
Partner19952024
China< 0.012.9
South Korea< 0.010.12
Indonesia< 0.010.06
France< 0.010.02
Germany< 0.010.01

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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