# HS 720230 Ferro-Silico-Manganese global trade data overview...

Reported global trade in ferro-silico-manganese reached $3.4B in 2024, with five-year annual growth of +1.3%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $3.1B | -5.3% | -3.8% |
| 2014 | $3.5B | +12.4% | -1% |
| 2015 | $2.5B | -28.5% | -8.7% |
| 2016 | $2.1B | -17.3% | -12.7% |
| 2017 | $3.6B | +71.6% | +0.5% |
| 2018 | $3.9B | +8.7% | +15.5% |
| 2019 | $3.2B | -16.4% | +16% |
| 2020 | $2.7B | -16.7% | -8.9% |
| 2021 | $4.8B | +79.3% | +7.7% |
| 2022 | $5.6B | +15.4% | +19.9% |
| 2023 | $3.4B | -39.2% | +7.9% |
| 2024 | $3.4B | +1.6% | -10.7% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $380.8M | -2.1% | 18 |
| Turkey | $269.8M | +5.2% | 18 |
| Japan | $243.0M | -2.1% | 14 |
| Germany | $207.5M | -0.4% | 28 |
| Italy | $204.0M | +1.6% | 27 |
| Republic of Korea | $157.0M | +9.3% | 12 |
| Indonesia | $141.6M | +17.8% | 11 |
| Egypt | $121.2M | +16.1% | 8 |
| Netherlands | $119.0M | +2.2% | 40 |
| Taiwan | $89.3M | +0.2% | 7 |
| United Arab Emirates | $79.2M | -1.7% | 8 |
| Viet Nam | $78.0M | +14.3% | 9 |

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