# HS 230310 Whether Or Not In The Form Of Pellet global trade...

Reported global trade in whether or not in the form of pellets reached $1.8B in 2024, with five-year annual growth of +2.5%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $2.0B | +18.6% | +16.1% |
| 2014 | $2.0B | -3.6% | +7.5% |
| 2015 | $1.6B | -18.5% | -2.4% |
| 2016 | $1.5B | -5.1% | -9.3% |
| 2017 | $1.6B | +3.5% | -7.2% |
| 2018 | $1.7B | +8.3% | +2.1% |
| 2019 | $1.6B | -6.9% | +1.4% |
| 2020 | $1.6B | +3.5% | +1.4% |
| 2021 | $1.9B | +16.6% | +4% |
| 2022 | $2.1B | +10% | +9.9% |
| 2023 | $2.0B | -5% | +6.8% |
| 2024 | $1.8B | -10.4% | -2.2% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Republic of Korea | $160.2M | +0.7% | 13 |
| Netherlands | $152.6M | +10.7% | 41 |
| Indonesia | $139.7M | +5.1% | 10 |
| Japan | $109.7M | +13.7% | 13 |
| Germany | $96.0M | +2.2% | 37 |
| Viet Nam | $89.3M | +9.3% | 12 |
| Colombia | $89.2M | +9.6% | 4 |
| Ireland | $85.3M | +8.9% | 15 |
| Chile | $79.9M | -1.6% | 4 |
| Canada | $58.2M | +5.1% | 17 |
| France | $50.0M | +0.1% | 28 |
| Belgium | $46.4M | +2% | 18 |

_Source: reported merchandise trade data. Updated 2026-08-14._