# HS 230330 Whether Or Not In The Form Of Pellet global trade...

Reported global trade in whether or not in the form of pellets reached $4.0B in 2024, with five-year annual growth of +7.6%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $3.4B | +32.3% | +19.4% |
| 2014 | $3.7B | +7.4% | +16.3% |
| 2015 | $3.6B | -3.3% | +11.2% |
| 2016 | $2.7B | -25.1% | -8% |
| 2017 | $2.4B | -10.2% | -13.3% |
| 2018 | $3.0B | +23.8% | -5.9% |
| 2019 | $2.8B | -5.4% | +1.7% |
| 2020 | $2.8B | -0% | +5.4% |
| 2021 | $3.7B | +31.7% | +7.6% |
| 2022 | $4.2B | +14.1% | +14.5% |
| 2023 | $4.1B | -2.9% | +13.4% |
| 2024 | $4.0B | -1.2% | +3.1% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Mexico | $663.0M | +8.6% | 42 |
| Viet Nam | $445.9M | +9.8% | 13 |
| Republic of Korea | $357.5M | +8% | 10 |
| Turkey | $306.9M | +10.7% | 15 |
| Indonesia | $271.9M | +8.7% | 8 |
| Colombia | $157.5M | +27.5% | 2 |
| Canada | $156.0M | +6.8% | 10 |
| Ireland | $147.0M | +6.5% | 13 |
| Japan | $121.8M | +0.8% | 11 |
| New Zealand | $115.2M | +15.4% | 7 |
| United Kingdom | $109.7M | +3% | 15 |
| Spain | $96.4M | +20.9% | 17 |

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