# HS 720229 Ferro-Silicon global trade data overview | Yugalinks

Reported global trade in ferro-silicon, containing by weight 55% or less of silicon reached $463.5M in 2024, with five-year annual growth of -0.4%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $599.9M | +0.7% | +6.4% |
| 2014 | $630.3M | +5.1% | -0.2% |
| 2015 | $492.9M | -21.8% | -6.1% |
| 2016 | $436.4M | -11.5% | -10.1% |
| 2017 | $485.6M | +11.3% | -8.3% |
| 2018 | $559.9M | +15.3% | +4.3% |
| 2019 | $471.9M | -15.7% | +2.6% |
| 2020 | $390.1M | -17.3% | -7% |
| 2021 | $562.9M | +44.3% | +0.2% |
| 2022 | $688.8M | +22.4% | +13.4% |
| 2023 | $567.1M | -17.7% | +13.3% |
| 2024 | $463.5M | -18.3% | -6.3% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $63.9M | +11.4% | 20 |
| Spain | $31.4M | +2% | 22 |
| Germany | $28.7M | -2.4% | 27 |
| Netherlands | $27.7M | -14.2% | 29 |
| Turkey | $24.5M | +7.3% | 22 |
| Republic of Korea | $23.2M | -5.6% | 16 |
| Mexico | $20.4M | +12.9% | 17 |
| Italy | $17.6M | -1.6% | 27 |
| Australia | $17.0M | +1.3% | 7 |
| Japan | $16.2M | -8.4% | 14 |
| Poland | $15.9M | +5.8% | 20 |
| Sweden | $12.9M | +10.5% | 12 |

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