# Refined buyer markets and demand | HS 740311 | Yugalinks

China is the largest reported buyer market in this view, with imports of $30.3B.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| China | $30.3B | +9.3% | 47 | Democratic Republic of the Congo |
| USA | $8.3B | +15.9% | 25 | Chile |
| Taiwan | $4.7B | +12.4% | 18 | China |
| Italy | $4.5B | +10.1% | 27 | Bulgaria |
| Germany | $3.7B | +2.2% | 42 | Belgium |
| United Arab Emirates | $3.4B | +9.8% | 20 | Congo, Rep. of the |
| Turkey | $3.0B | +12% | 22 | Kazakhstan |
| Thailand | $2.8B | +4.4% | 28 | Japan |
| Brazil | $2.6B | +19.4% | 11 | Chile |
| Republic of Korea | $2.5B | +7.5% | 18 | Chile |
| India | $2.3B | +22.4% | 18 | Japan |
| Viet Nam | $2.2B | +7.9% | 22 | China |
| Malaysia | $2.0B | +2.1% | 24 | Indonesia |
| United Rep. of Tanzania | $1.9B | +24.5% | 8 | Democratic Republic of the Congo |
| Mexico | $1.7B | +31.3% | 23 | USA |
| Switzerland, Liechtenstein | $1.6B | +14.4% | 12 | Zambia |
| France | $1.4B | +5.7% | 18 | Chile |
| Singapore | $1.3B | +23.9% | 23 | Democratic Republic of the Congo |
| China, Hong Kong Special Administrative Region | $1.2B | +118% | 6 | Democratic Republic of the Congo |
| Sweden | $1.1B | +64.4% | 13 | Chile |
| Spain | $949.5M | +14.8% | 18 | Chile |
| Indonesia | $793.7M | +5.8% | 13 | Japan |
| Mozambique | $779.0M | +38% | 3 | Democratic Republic of the Congo |
| Greece | $685.6M | +14.6% | 17 | Congo, Rep. of the |
| Saudi Arabia | $661.1M | +24.7% | 12 | Congo, Rep. of the |
| Egypt | $641.4M | +8.8% | 16 | Democratic Republic of the Congo |
| Netherlands | $557.5M | -17.9% | 39 | Chile |
| South Africa | $367.3M | -5% | 8 | Democratic Republic of the Congo |
| Belgium | $256.7M | -0.1% | 17 | Germany |
| Finland | $232.0M | +16% | 4 | Belgium |
| Bulgaria | $230.6M | +9.2% | 13 | Serbia |
| Canada | $158.0M | -13.6% | 15 | Democratic Republic of the Congo |
| Bangladesh | $157.5M | +13.4% | 5 | Australia |
| Austria | $125.4M | +17.3% | 13 | Germany |
| Croatia | $120.8M | +14.2% | 8 | Bulgaria |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| China | 2023 | $28.6B | $8,495.35 |
| USA | 2023 | $6.7B | $8,581.77 |
| Italy | 2023 | $4.9B | $8,665.37 |
| Germany | 2023 | $3.7B | $8,647.79 |
| United Arab Emirates | 2023 | $3.4B | $8,360.84 |
| Turkey | 2023 | $3.1B | $7,730.06 |
| Other Asia, nes | 2023 | $3.1B | $8,477.16 |
| Thailand | 2023 | $2.9B | $8,738.78 |
| India | 2023 | $2.8B | $8,088.55 |
| Republic of Korea | 2023 | $2.2B | $8,672.91 |
| Malaysia | 2023 | $2.0B | $8,664.69 |
| Brazil | 2023 | $2.0B | $8,467.95 |
| Viet Nam | 2023 | $1.8B | $8,645.2 |
| France | 2023 | $1.4B | $8,726.83 |
| Saudi Arabia | 2023 | $1.2B | $8,590.59 |
| Mexico | 2023 | $1.1B | $7,321.48 |
| Egypt | 2023 | $1.0B | $8,645.54 |
| Spain | 2023 | $1.0B | $9,039.06 |
| Switzerland, Liechtenstein | 2023 | $997.3M | $8,272.57 |
| Singapore | 2023 | $779.4M | $8,217.97 |

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