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Other minerals: top exporters and importers (2024)

In 2024, world trade in other minerals totaled $6.1 billion (19.8 million tonnes). Australia accounted for 50% of exports, followed by Zimbabwe (10%) and Brazil (5%); China accounted for 72% of imports, followed by South Korea (3%) and the United States (2%). Compared with 2019, the value rose 128%.

Summary

World trade
$6.1billion
Tonnes
19.8million tonnes
Price per tonne
$308
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Australia$3.1 billion · 50.5%
  2. Zimbabwe$606 million · 9.9%
  3. Brazil$294 million · 4.8%
  4. United States$221 million · 3.6%
  5. China$218 million · 3.6%
  6. Nigeria$208 million · 3.4%
  7. Germany$196 million · 3.2%
  8. South Africa$149 million · 2.4%
  9. Russia$102 million · 1.7%
  10. Spain$92 million · 1.5%
  11. Canada$78 million · 1.3%
  12. Turkey$75 million · 1.2%
  13. United Arab Emirates$66 million · 1.1%
  14. Netherlands$53 million · 0.87%
    re-exports
  15. India$49 million · 0.8%
  16. Greece$46 million · 0.76%
  17. Vietnam$44 million · 0.71%
  18. Mexico$44 million · 0.71%
  19. Italy$44 million · 0.71%
  20. Malaysia$37 million · 0.61%

Top importers

  1. China$4.4 billion · 71.5%
  2. South Korea$157 million · 2.6%
  3. United States$127 million · 2.1%
  4. France$100 million · 1.6%
  5. India$97 million · 1.6%
  6. Japan$79 million · 1.3%
  7. Germany$78 million · 1.3%
  8. Indonesia$74 million · 1.2%
  9. Netherlands$73 million · 1.2%
    re-exports
  10. United Arab Emirates$60 million · 0.98%
  11. Turkey$58 million · 0.95%
  12. Italy$51 million · 0.84%
  13. Poland$50 million · 0.82%
  14. Spain$45 million · 0.74%
  15. Malaysia$43 million · 0.7%
  16. Russia$42 million · 0.69%
  17. United Kingdom$40 million · 0.65%
  18. Mexico$38 million · 0.61%
  19. Mozambique$35 million · 0.56%
  20. Taiwan$33 million · 0.53%

Trend

Who sells it

Australia has been the top exporter since 2016

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

  • Australia 3.1
  • Zimbabwe 0.61
  • Brazil 0.29
  • United States 0.22
  • China 0.22

Source: CEPII BACI

Show the numbers
Country19952024
Australia0.023.1
Zimbabwe< 0.010.61
Brazil< 0.010.29
United States0.120.22
China0.040.22

Price

Implied price

The price per tonne rose 305% since 1995

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

  • 2024: $308

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$76
1996$83
1997$99
1998$90
1999$76
2000$81
2001$83
2002$83
2003$99
2004$118
2005$123
2006$120
2007$116
2008$165
2009$156
2010$136
2011$158
2012$155
2013$103
2014$146
2015$123
2016$140
2017$131
2018$198
2019$169
2020$146
2021$201
2022$568
2023$759
2024$308

What it includes

  • 2530 · Other minerals

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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