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Molybdenum metal: top exporters and importers (2024)

In 2024, world trade in molybdenum metal totaled $1.2 billion (44 thousand tonnes). The top exporters were China (39%), Austria (20%) and Germany (7%); the top importers were the United States (16%), Germany (13%) and Japan (8%). Compared with 2019, the value rose 37%.

Summary

World trade
$1.2billion
Tonnes
44thousand tonnes
Price per tonne
$27,424
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$469 million · 38.6%
  2. Austria$241 million · 19.8%
  3. Germany$83 million · 6.9%
  4. United Kingdom$79 million · 6.5%
  5. United States$76 million · 6.3%
  6. Uzbekistan$57 million · 4.7%
  7. Japan$33 million · 2.7%
  8. Taiwan$25 million · 2%
  9. Netherlands$24 million · 2%
    re-exports
  10. South Korea$22 million · 1.8%
  11. France$21 million · 1.7%
  12. Canada$17 million · 1.4%
  13. India$13 million · 1.1%
  14. Bulgaria$12 million · 1%
  15. Hong Kong$6 million · 0.53%
    re-exports
  16. Switzerland$4 million · 0.33%
  17. Belgium$4 million · 0.3%
    re-exports
  18. Brazil$3 million · 0.28%
  19. Czechia$3 million · 0.27%
  20. Italy$3 million · 0.25%

Top importers

  1. United States$197 million · 16.2%
  2. Germany$155 million · 12.8%
  3. Japan$100 million · 8.2%
  4. United Kingdom$95 million · 7.8%
  5. France$77 million · 6.4%
  6. South Korea$75 million · 6.1%
  7. Taiwan$59 million · 4.8%
  8. Austria$57 million · 4.7%
  9. Netherlands$55 million · 4.6%
    re-exports
  10. China$46 million · 3.8%
  11. India$46 million · 3.8%
  12. Belgium$39 million · 3.2%
    re-exports
  13. Brazil$21 million · 1.8%
  14. Czechia$21 million · 1.7%
  15. Italy$16 million · 1.3%
  16. Saudi Arabia$16 million · 1.3%
  17. Canada$15 million · 1.2%
  18. Australia$14 million · 1.1%
  19. Russia$12 million · 1%
  20. Sweden$12 million · 0.96%

Trend

Who sells it

China has been the top exporter since 2018

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

  • China 469
  • Austria 241
  • Germany 83.1
  • United Kingdom 79
  • United States 75.9

Source: CEPII BACI

Show the numbers
Country19952024
China6.8469
Austria87.7241
Germany42.983.1
United Kingdom13.579
United States69.975.9

Price

Implied price

The price per tonne stayed close to $27,424 since 1995

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

  • 2024: $27,424

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$28,554
1996$26,542
1997$22,342
1998$21,764
1999$22,685
2000$19,902
2001$17,036
2002$20,036
2003$21,908
2004$25,381
2005$65,421
2006$61,928
2007$70,517
2008$74,394
2009$50,870
2010$32,649
2011$56,402
2012$51,919
2013$49,482
2014$38,690
2015$28,016
2016$20,254
2017$25,989
2018$30,342
2019$24,280
2020$30,315
2021$29,213
2022$43,070
2023$54,482
2024$27,424

What it includes

  • 8102 · Molybdenum metal

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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