# HS 720270 Ferro-Molybdenum global trade data overview | Yugalinks

Reported global trade in ferro-molybdenum reached $2.8B in 2024, with five-year annual growth of +13%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $1.5B | -19.6% | -7.7% |
| 2014 | $1.7B | +14.9% | -8.4% |
| 2015 | $903.4M | -48.2% | -21.8% |
| 2016 | $836.9M | -7.4% | -18% |
| 2017 | $1.2B | +40.7% | -12.3% |
| 2018 | $1.7B | +42.2% | +22.8% |
| 2019 | $1.5B | -9.6% | +21.9% |
| 2020 | $1.0B | -33.8% | -5.2% |
| 2021 | $2.3B | +127.3% | +10.8% |
| 2022 | $2.9B | +25.2% | +23.5% |
| 2023 | $3.5B | +23.1% | +51.9% |
| 2024 | $2.8B | -20.6% | +7% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Netherlands | $459.7M | +12.1% | 37 |
| Germany | $277.4M | +8.2% | 28 |
| Indonesia | $228.8M | +40.8% | 8 |
| China | $228.0M | +50.9% | 11 |
| USA | $225.3M | +5.2% | 11 |
| Italy | $221.1M | +12.9% | 16 |
| Mexico | $139.1M | +18.4% | 18 |
| Sweden | $111.0M | +12.6% | 9 |
| Taiwan | $105.7M | +13.4% | 11 |
| Belgium | $91.1M | +10.4% | 15 |
| Russia | $73.4M | +87.8% | 7 |
| Spain | $71.4M | -1.4% | 16 |

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