# HS 780110 Unwrought global trade data overview | Yugalinks

Reported global trade in unwrought, refined reached $4.8B in 2024, with five-year annual growth of +3.9%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $3.9B | +19.6% | +6.2% |
| 2014 | $4.3B | +9.9% | +2.3% |
| 2015 | $3.7B | -14.2% | +4.1% |
| 2016 | $3.8B | +1.7% | -1.4% |
| 2017 | $5.0B | +31.9% | +4.8% |
| 2018 | $4.9B | -1.5% | +9.7% |
| 2019 | $4.0B | -18.6% | +1.9% |
| 2020 | $3.4B | -15% | -12% |
| 2021 | $4.6B | +34.4% | -2.4% |
| 2022 | $4.5B | -2.5% | +3.7% |
| 2023 | $4.8B | +6.7% | +11.8% |
| 2024 | $4.8B | +1.7% | +1.9% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $667.2M | -2.9% | 22 |
| Singapore | $497.5M | +88.9% | 25 |
| Viet Nam | $371.6M | +10% | 16 |
| Germany | $314.1M | +4.2% | 41 |
| India | $284.8M | +5.9% | 37 |
| Republic of Korea | $233.0M | +10.5% | 20 |
| Turkey | $217.0M | -1.1% | 28 |
| China | $200.7M | +2.9% | 36 |
| Italy | $177.5M | +8.2% | 35 |
| Czechia | $170.8M | +0.2% | 20 |
| Spain | $127.7M | -8.4% | 27 |
| Malaysia | $119.7M | +42.1% | 34 |

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