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Other ores: top exporters and importers (2024)

In 2024, world trade in other ores totaled $1.2 billion (1.1 million tonnes). The top exporters were Zimbabwe (21%), Canada (19%) and Myanmar (10%); China accounted for 58% of imports, followed by Mexico (9%) and Thailand (7%). Compared with 2019, the value rose 160%.

Summary

World trade
$1.2billion
Tonnes
1.1million tonnes
Price per tonne
$1,051
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Zimbabwe$248 million · 21.3%
  2. Canada$222 million · 19.1%
  3. Myanmar$112 million · 9.6%
  4. United States$102 million · 8.7%
  5. Australia$93 million · 8%
  6. Thailand$72 million · 6.2%
  7. Bolivia$46 million · 3.9%
  8. Turkey$39 million · 3.4%
  9. Sweden$31 million · 2.7%
  10. Tajikistan$27 million · 2.3%
  11. Sierra Leone$23 million · 1.9%
  12. Trinidad and Tobago$12 million · 1%
  13. Russia$11 million · 0.98%
  14. Belgium$11 million · 0.93%
    re-exports
  15. Rwanda$10 million · 0.82%
  16. Hong Kong$9 million · 0.79%
    re-exports
  17. Mexico$9 million · 0.75%
  18. Nigeria$9 million · 0.75%
  19. Zambia$9 million · 0.74%
  20. Greece$8 million · 0.68%

Top importers

  1. China$679 million · 58.3%
  2. Mexico$101 million · 8.7%
  3. Thailand$82 million · 7%
  4. Malaysia$40 million · 3.5%
  5. Belgium$32 million · 2.7%
    re-exports
  6. Japan$29 million · 2.5%
  7. India$27 million · 2.3%
  8. Hong Kong$25 million · 2.2%
    re-exports
  9. Vietnam$23 million · 2%
  10. Myanmar$23 million · 2%
  11. Chile$17 million · 1.5%
  12. Austria$17 million · 1.4%
  13. Italy$16 million · 1.4%
  14. Namibia$11 million · 0.96%
  15. Netherlands$10 million · 0.84%
    re-exports
  16. Norway$5 million · 0.42%
  17. United States$5 million · 0.41%
  18. United Kingdom$3 million · 0.28%
  19. Zambia$3 million · 0.28%
  20. Russia$2 million · 0.18%

Trend

Who sells it

Zimbabwe has been the top exporter since 2024

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

  • Zimbabwe 248
  • Canada 222
  • Myanmar 112
  • United States 102
  • Australia 93

Source: CEPII BACI

Show the numbers
Country19952024
Zimbabwe0.03248
Canada13.4222
Myanmar0.06112
United States8.5102
Australia5.993

Price

Implied price

The price per tonne rose 16% since 1995

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

  • 2024: $1,051

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$902
1996$308
1997$288
1998$254
1999$247
2000$247
2001$317
2002$361
2003$323
2004$316
2005$422
2006$401
2007$761
2008$583
2009$612
2010$524
2011$515
2012$1,160
2013$563
2014$508
2015$805
2016$696
2017$1,117
2018$1,841
2019$640
2020$1,675
2021$1,575
2022$907
2023$1,078
2024$1,051

What it includes

  • 2617 · Other ores

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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