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Zinc ore: top exporters and importers (2024)

In 2024, world trade in zinc ore totaled $12.3 billion (11.5 million tonnes). The top exporters were Peru (16%), Australia (12%) and the United States (12%); the top importers were China (34%), South Korea (12%) and Spain (8%). Compared with 2019, the value rose 15%.

Summary

World trade
$12.3billion
Tonnes
11.5million tonnes
Price per tonne
$1,076
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Peru$1.9 billion · 15.8%
    see destinations
  2. Australia$1.5 billion · 11.9%
    see destinations
  3. United States$1.4 billion · 11.5%
    see destinations
  4. Bolivia$1.3 billion · 10.9%
  5. Mexico$1.1 billion · 8.6%
  6. Russia$448 million · 3.6%
  7. Sweden$447 million · 3.6%
  8. Kazakhstan$341 million · 2.8%
  9. Belgium$308 million · 2.5%
    re-exports
  10. Turkey$291 million · 2.4%
  11. South Africa$287 million · 2.3%
  12. Eritrea$278 million · 2.3%
  13. Brazil$193 million · 1.6%
  14. Portugal$184 million · 1.5%
  15. Chile$172 million · 1.4%
  16. Democratic Republic of the Congo$128 million · 1%
  17. Spain$127 million · 1%
  18. Italy$119 million · 0.96%
  19. Saudi Arabia$117 million · 0.95%
  20. Mongolia$111 million · 0.9%

Top importers

  1. China$4.2 billion · 34.3%
    see sources
  2. South Korea$1.5 billion · 12.3%
    see sources
  3. Spain$1 billion · 8.2%
  4. Japan$949 million · 7.7%
  5. Canada$794 million · 6.4%
  6. Finland$596 million · 4.8%
  7. Belgium$330 million · 2.7%
    re-exports
  8. Sweden$324 million · 2.6%
  9. Netherlands$321 million · 2.6%
    re-exports
  10. France$300 million · 2.4%
  11. Norway$297 million · 2.4%
  12. Australia$261 million · 2.1%
  13. Germany$251 million · 2%
  14. Kazakhstan$226 million · 1.8%
  15. Brazil$148 million · 1.2%
  16. Poland$139 million · 1.1%
  17. Zambia$98 million · 0.79%
  18. Russia$80 million · 0.65%
  19. Bulgaria$80 million · 0.65%
  20. Uzbekistan$73 million · 0.59%

Trend

Who sells it

Peru has been the top exporter since 2023

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

  • Peru 1.9
  • Australia 1.5
  • United States 1.4
  • Bolivia 1.3
  • Mexico 1.1

Source: CEPII BACI

Show the numbers
Country19952024
Peru0.281.9
Australia0.291.5
United States0.241.4
Bolivia0.211.3
Mexico0.081.1

Price

Implied price

The price per tonne rose 241% since 1995

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

  • 2024: $1,076

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$316
1996$321
1997$408
1998$295
1999$308
2000$321
2001$234
2002$219
2003$253
2004$339
2005$435
2006$972
2007$1,016
2008$594
2009$511
2010$684
2011$746
2012$683
2013$694
2014$747
2015$657
2016$741
2017$1,050
2018$1,066
2019$881
2020$718
2021$1,123
2022$1,233
2023$871
2024$1,076

What it includes

  • 2608 · Zinc ore

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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