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Lead ore: top exporters and importers (2024)

In 2024, world trade in lead ore totaled $7 billion (3.2 million tonnes). The top exporters were Mexico (20%), Peru (16%) and the United States (13%); the top importers were China (45%), South Korea (24%) and Germany (6%). Compared with 2019, the value rose 22%.

Summary

World trade
$7billion
Tonnes
3.2million tonnes
Price per tonne
$2,179
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Mexico$1.4 billion · 20.1%
  2. Peru$1.1 billion · 15.7%
  3. United States$885 million · 12.7%
  4. Russia$673 million · 9.7%
  5. Australia$489 million · 7%
  6. Bolivia$342 million · 4.9%
  7. Turkey$205 million · 2.9%
  8. Spain$132 million · 1.9%
  9. Tajikistan$118 million · 1.7%
  10. South Africa$109 million · 1.6%
  11. Morocco$106 million · 1.5%
  12. Argentina$103 million · 1.5%
  13. Sweden$103 million · 1.5%
  14. Serbia$99 million · 1.4%
  15. Canada$92 million · 1.3%
  16. Myanmar$91 million · 1.3%
  17. Italy$83 million · 1.2%
  18. Nigeria$81 million · 1.2%
  19. North Macedonia$79 million · 1.1%
  20. Brazil$64 million · 0.92%

Top importers

  1. China$3.2 billion · 45.4%
  2. South Korea$1.7 billion · 24.1%
  3. Germany$425 million · 6.1%
  4. Kazakhstan$282 million · 4.1%
  5. Canada$280 million · 4%
  6. Japan$246 million · 3.5%
  7. Australia$198 million · 2.8%
  8. Belgium$187 million · 2.7%
    re-exports
  9. United States$91 million · 1.3%
  10. Bulgaria$82 million · 1.2%
  11. Montenegro$37 million · 0.54%
  12. Netherlands$37 million · 0.53%
    re-exports
  13. Mexico$37 million · 0.53%
  14. United Kingdom$36 million · 0.52%
  15. Indonesia$32 million · 0.47%
  16. Sweden$32 million · 0.46%
  17. Switzerland$22 million · 0.32%
  18. Peru$19 million · 0.27%
  19. Slovakia$18 million · 0.26%
  20. Croatia$18 million · 0.26%

Trend

Who sells it

Mexico has been the top exporter since 2020

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

  • Mexico 1.4
  • Peru 1.1
  • United States 0.89
  • Russia 0.67
  • Australia 0.49

Source: CEPII BACI

Show the numbers
Country19952024
Mexico0.011.4
Peru0.21.1
United States0.030.89
Russia0.010.67
Australia0.030.49

Price

Implied price

The price per tonne rose 388% since 1995

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

  • 2024: $2,179

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$447
1996$467
1997$375
1998$398
1999$346
2000$319
2001$317
2002$335
2003$399
2004$612
2005$682
2006$944
2007$1,533
2008$1,459
2009$1,332
2010$1,734
2011$2,721
2012$2,359
2013$2,005
2014$1,783
2015$1,631
2016$1,765
2017$1,935
2018$1,556
2019$1,473
2020$1,723
2021$2,236
2022$2,148
2023$1,800
2024$2,179

What it includes

  • 2607 · Lead ore

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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