Summary
- Value
- $28.9billion
- Tonnes
- 47.6million tonnes
- Share of world total
- 2.2%
- World rank
- 13th
Destinations
The 11 main destinations in the latest year.
| Partner | Value (USD billions) | Tonnes | USD per tonne | Share | Mode |
|---|---|---|---|---|---|
| China | 25 | Tonnes: 40,767,880 | USD per tonne: $614 | 86.5% | Sea |
| Taiwan | 1.9 | Tonnes: 3,733,870 | USD per tonne: $517 | 6.7% | Sea |
| India | 0.57 | Tonnes: 961,147 | USD per tonne: $595 | 2% | Sea |
| South Korea | 0.53 | Tonnes: 861,558 | USD per tonne: $610 | 1.8% | Sea |
| Japan | 0.37 | Tonnes: 600,939 | USD per tonne: $621 | 1.3% | Sea |
| Qatar | 0.36 | Tonnes: 502,442 | USD per tonne: $726 | 1.3% | Sea |
| Malaysia | 0.08 | Tonnes: 135,525 | USD per tonne: $619 | 0.29% | Sea |
| Thailand | 0.05 | Tonnes: 77,723 | USD per tonne: $697 | 0.19% | Sea |
| Canada | < 0.01 | Tonnes: 1 | USD per tonne: $628 | 0% | Sea |
| Netherlands re-exports | < 0.01 | Tonnes: 0 | USD per tonne: $657 | 0% | Sea |
| Belgium re-exports | < 0.01 | Tonnes: 0 | USD per tonne: $24,500 | 0% | Sea |
Trend
Who it sells to
China has been its main destination since 2004
Value in USD billions. The five largest destinations in 2024.
- China 25
- Taiwan 1.9
- India 0.57
- South Korea 0.53
- Japan 0.37
Source: CEPII BACI
Show the numbers
| Partner | 1995 | 2024 |
|---|---|---|
| China | 0.48 | 25 |
| Taiwan | 0.28 | 1.9 |
| India | 0 | 0.57 |
| South Korea | 0.8 | 0.53 |
| Japan | 1.5 | 0.37 |
Sources and methodology
Other products of this country
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Natural Earth · Public domain
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.