# HS 720529 Powders (Excluding Alloy Steel) global trade data...

Reported global trade in powders (excluding alloy steel) reached $942.3M in 2024, with five-year annual growth of -0.5%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $965.2M | +2.7% | -0.7% |
| 2014 | $987.3M | +2.3% | -3.1% |
| 2015 | $892.6M | -9.6% | -1.7% |
| 2016 | $875.5M | -1.9% | -3.2% |
| 2017 | $1.0B | +17.2% | +1.3% |
| 2018 | $1.1B | +10.1% | +8.2% |
| 2019 | $964.2M | -14.6% | +3.3% |
| 2020 | $823.2M | -14.6% | -7.1% |
| 2021 | $1.2B | +42.1% | +1.2% |
| 2022 | $1.1B | -2.7% | +5.7% |
| 2023 | $988.1M | -13.2% | +6.3% |
| 2024 | $942.3M | -4.6% | -7% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Germany | $101.5M | -4.5% | 38 |
| China | $94.9M | -0.7% | 39 |
| USA | $87.2M | -1.8% | 33 |
| Republic of Korea | $66.9M | -4% | 26 |
| Italy | $63.3M | +0.8% | 34 |
| Japan | $60.6M | +1.5% | 23 |
| Taiwan | $48.1M | -0.6% | 15 |
| Spain | $45.9M | -0.3% | 25 |
| Mexico | $41.6M | +6.8% | 23 |
| Thailand | $40.2M | +0.1% | 31 |
| India | $32.6M | +4.4% | 32 |
| Canada | $21.6M | -3.2% | 22 |

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