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Who buys Chile’s molybdenum? Export destinations 2024

In 2024, Chile exported $1.9 billion of molybdenum (79 thousand tonnes), 20.6% of the world total. Its main destinations were Japan (26%), Brazil (17%) and India (13%). Chile was the world’s largest exporter of molybdenum.

Summary

Value
$1.9billion
Tonnes
79thousand tonnes
Share of world total
20.6%
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 millions)TonnesUSD per tonneShareMode
Japan507Tonnes: 19,036USD per tonne: $26,64426.3%Sea
Brazil330Tonnes: 12,078USD per tonne: $27,33217.1%Sea
India253Tonnes: 8,385USD per tonne: $30,18613.2%Sea
South Korea252Tonnes: 10,140USD per tonne: $24,83613.1%Sea
Netherlands re-exports147Tonnes: 6,563USD per tonne: $22,4327.7%Sea
China120Tonnes: 8,095USD per tonne: $14,8266.2%Sea
Belgium re-exports111Tonnes: 5,427USD per tonne: $20,5385.8%Sea
United States93.3Tonnes: 4,155USD per tonne: $22,4454.8%Sea
Thailand43.5Tonnes: 1,991USD per tonne: $21,8662.3%Sea
Italy38.5Tonnes: 1,496USD per tonne: $25,7542%Sea
United Kingdom9.8Tonnes: 557USD per tonne: $17,6400.51%Sea
Germany6.1Tonnes: 227USD per tonne: $27,0610.32%Sea
Vietnam5.4Tonnes: 761USD per tonne: $7,0450.28%Sea
Taiwan2.4Tonnes: 86USD per tonne: $27,9300.12%Sea
France2.1Tonnes: 72USD per tonne: $28,9320.11%Sea
Australia1.6Tonnes: 60USD per tonne: $26,0240.08%Sea
Spain0.95Tonnes: 40USD per tonne: $23,6770.05%Sea
Poland0.74Tonnes: 51USD per tonne: $14,5240.04%Sea
Turkey0.12Tonnes: 4USD per tonne: $29,0800.01%Sea
Bolivia0.02Tonnes: 2USD per tonne: $10,4560%Land

Trend

Who it sells to

Japan has been its main destination since 2013

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

  • Japan 507
  • Brazil 330
  • India 253
  • South Korea 252
  • Netherlands 147

Source: CEPII BACI

Show the numbers
Partner19952024
Japan152507
Brazil27.9330
India1.9253
South Korea3.5252
Netherlands23.4147

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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