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Zinc oxide: top exporters and importers (2024)

In 2024, world trade in zinc oxide totaled $1.5 billion (701 thousand tonnes). The top exporters were Mexico (15%), Canada (8%) and the United States (7%); the top importers were the United States (21%), Vietnam (7%) and Mexico (6%). Compared with 2019, the value was stable.

Summary

World trade
$1.5billion
Tonnes
701thousand tonnes
Price per tonne
$2,174
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Mexico$236 million · 15.5%
  2. Canada$116 million · 7.6%
  3. United States$113 million · 7.5%
  4. Netherlands$109 million · 7.2%
    re-exports
  5. Peru$97 million · 6.4%
  6. Belgium$79 million · 5.2%
    re-exports
  7. Thailand$79 million · 5.2%
  8. Turkey$62 million · 4.1%
  9. Italy$55 million · 3.6%
  10. Austria$53 million · 3.5%
  11. Germany$53 million · 3.5%
  12. Taiwan$53 million · 3.5%
  13. India$45 million · 2.9%
  14. South Korea$41 million · 2.7%
  15. China$41 million · 2.7%
  16. Spain$30 million · 2%
  17. Indonesia$29 million · 1.9%
  18. Poland$27 million · 1.8%
  19. Vietnam$25 million · 1.7%
  20. Slovakia$23 million · 1.5%

Top importers

  1. United States$316 million · 20.7%
  2. Vietnam$100 million · 6.6%
  3. Mexico$91 million · 5.9%
  4. Germany$90 million · 5.9%
  5. Spain$63 million · 4.1%
  6. China$58 million · 3.8%
  7. Netherlands$49 million · 3.2%
    re-exports
  8. France$45 million · 3%
  9. Poland$43 million · 2.9%
  10. Belgium$40 million · 2.6%
    re-exports
  11. Brazil$38 million · 2.5%
  12. Italy$34 million · 2.2%
  13. Japan$29 million · 1.9%
  14. Czechia$29 million · 1.9%
  15. Canada$27 million · 1.8%
  16. United Kingdom$27 million · 1.7%
  17. Thailand$23 million · 1.5%
  18. Peru$21 million · 1.4%
  19. Egypt$20 million · 1.3%
  20. India$19 million · 1.3%

Trend

Who sells it

Mexico has been the top exporter since 2018

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

  • Mexico 236
  • Canada 116
  • United States 113
  • Netherlands 109
  • Peru 97.3

Source: CEPII BACI

Show the numbers
Country19952024
Mexico16.1236
Canada29.3116
United States13.5113
Netherlands35.1109
Peru8.297.3

Price

Implied price

The price per tonne rose 99% since 1995

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

  • 2024: $2,174

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$1,092
1996$1,078
1997$1,158
1998$1,183
1999$975
2000$988
2001$928
2002$725
2003$966
2004$1,068
2005$1,288
2006$2,043
2007$2,448
2008$1,552
2009$1,568
2010$1,581
2011$1,828
2012$1,506
2013$1,571
2014$1,743
2015$1,630
2016$1,652
2017$2,142
2018$2,396
2019$2,260
2020$1,848
2021$2,134
2022$2,600
2023$2,355
2024$2,174

What it includes

  • 2817 · Zinc oxide

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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