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Graphite: top exporters and importers (2024)

In 2024, world trade in graphite totaled $2.6 billion (1.3 million tonnes). China accounted for 52% of exports, followed by Japan (7%) and Germany (7%); the top importers were the United States (22%), Poland (9%) and Germany (8%). Compared with 2019, the value rose 6%.

Summary

World trade
$2.6billion
Tonnes
1.3million tonnes
Price per tonne
$2,071
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$1.4 billion · 51.8%
  2. Japan$178 million · 6.8%
  3. Germany$177 million · 6.7%
  4. United States$153 million · 5.8%
  5. South Korea$122 million · 4.6%
  6. France$78 million · 3%
  7. Madagascar$62 million · 2.4%
  8. Switzerland$56 million · 2.1%
  9. Mozambique$46 million · 1.8%
  10. Spain$46 million · 1.8%
  11. Mexico$41 million · 1.6%
  12. Brazil$41 million · 1.6%
  13. India$38 million · 1.4%
  14. Canada$32 million · 1.2%
  15. Netherlands$23 million · 0.86%
    re-exports
  16. Poland$21 million · 0.78%
  17. Tanzania$19 million · 0.7%
  18. Norway$18 million · 0.67%
  19. United Kingdom$17 million · 0.63%
  20. Belgium$10 million · 0.38%
    re-exports

Top importers

  1. United States$571 million · 21.7%
  2. Poland$242 million · 9.2%
  3. Germany$212 million · 8.1%
  4. Japan$211 million · 8%
  5. South Korea$183 million · 7%
  6. Hungary$178 million · 6.8%
  7. China$160 million · 6.1%
  8. France$109 million · 4.2%
  9. India$99 million · 3.8%
  10. Indonesia$61 million · 2.3%
  11. Italy$49 million · 1.9%
  12. Mexico$41 million · 1.6%
  13. Taiwan$40 million · 1.5%
  14. Turkey$40 million · 1.5%
  15. Brazil$40 million · 1.5%
  16. Malaysia$31 million · 1.2%
  17. United Kingdom$25 million · 0.93%
  18. Canada$24 million · 0.93%
  19. Netherlands$24 million · 0.92%
    re-exports
  20. Spain$24 million · 0.91%

Trend

Who sells it

China has been the top exporter since 2005

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

  • China 1.4
  • Japan 0.18
  • Germany 0.18
  • United States 0.15
  • South Korea 0.12

Source: CEPII BACI

Show the numbers
Country19952024
China0.091.4
Japan0.070.18
Germany0.070.18
United States0.070.15
South Korea< 0.010.12

Price

Implied price

The price per tonne rose 134% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $2,071

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$885
1996$952
1997$870
1998$911
1999$776
2000$645
2001$684
2002$761
2003$793
2004$913
2005$1,008
2006$1,009
2007$929
2008$1,251
2009$1,179
2010$1,321
2011$1,535
2012$1,527
2013$1,911
2014$1,948
2015$1,746
2016$1,866
2017$1,398
2018$1,862
2019$1,983
2020$1,909
2021$1,729
2022$2,384
2023$2,575
2024$2,071

What it includes

Natural and synthetic.

  • 2504 · Natural graphite
  • 380110 · subheading of heading 3801: Artificial graphite

Products in the same chapter

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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