# HS 681591 Containing Magnesite global trade data overview...

Reported global trade in containing magnesite, dolomite or chromite reached $737.2M in 2024, with five-year annual growth of +4.9%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $316.4M | -11.6% | +12.6% |
| 2014 | $428.9M | +35.5% | +6.9% |
| 2015 | $485.0M | +13.1% | +10.6% |
| 2016 | $431.7M | -11% | +10.9% |
| 2017 | $544.3M | +26.1% | +8.3% |
| 2018 | $796.1M | +46.3% | +18% |
| 2019 | $579.1M | -27.3% | +10.3% |
| 2020 | $455.0M | -21.4% | -5.8% |
| 2021 | $624.0M | +37.1% | -7.8% |
| 2022 | $839.6M | +34.6% | +13.2% |
| 2023 | $719.3M | -14.3% | +16.5% |
| 2024 | $737.2M | +2.5% | +5.7% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Italy | $58.7M | +42.2% | 25 |
| Germany | $57.9M | +4.5% | 40 |
| India | $55.7M | -8% | 15 |
| Russia | $51.7M | -12% | 8 |
| Japan | $51.5M | +60.4% | 12 |
| USA | $42.9M | -8.7% | 31 |
| France | $31.1M | +13.2% | 29 |
| Canada | $23.8M | +28.1% | 29 |
| Belgium | $21.2M | +10.7% | 17 |
| Egypt | $20.8M | +12.1% | 23 |
| Turkey | $18.9M | +17.7% | 18 |
| Viet Nam | $17.7M | +12.7% | 8 |

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