# HS 280120 Iodine global trade data overview | Yugalinks

Reported global trade in iodine reached $2.1B in 2024, with five-year annual growth of +19.8%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $1.3B | -8% | +23.4% |
| 2014 | $1.1B | -16.7% | +1.4% |
| 2015 | $794.7M | -24.4% | -16.6% |
| 2016 | $672.4M | -15.4% | -18.9% |
| 2017 | $619.3M | -7.9% | -16.2% |
| 2018 | $741.4M | +19.7% | -2.3% |
| 2019 | $858.7M | +15.8% | +8.5% |
| 2020 | $1.0B | +21.1% | +18.8% |
| 2021 | $1.0B | -2.4% | +11% |
| 2022 | $1.7B | +68.7% | +25.9% |
| 2023 | $2.0B | +18.7% | +25.1% |
| 2024 | $2.1B | +4% | +27.7% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China | $525.7M | +26.2% | 18 |
| India | $292.2M | +23.2% | 17 |
| Norway | $263.2M | +22.9% | 13 |
| USA | $214.4M | +15.1% | 18 |
| Italy | $154.4M | +22.3% | 16 |
| Netherlands | $127.1M | +40.5% | 24 |
| Germany | $97.0M | +15.5% | 27 |
| France | $79.9M | +19.8% | 21 |
| Brazil | $78.0M | +17.8% | 14 |
| Belgium | $63.2M | -0.8% | 13 |
| United Kingdom | $57.3M | +18.3% | 20 |
| Mexico | $24.3M | +23.3% | 16 |

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