# HS 810411 Unwrought global trade data overview | Yugalinks

Reported global trade in unwrought, containing at least 99.8% by weight of magnesium reached $917.8M in 2024, with five-year annual growth of +3.6%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $728.4M | -0.6% | +0.3% |
| 2014 | $768.1M | +5.4% | +1.1% |
| 2015 | $662.6M | -13.7% | -3.3% |
| 2016 | $597.8M | -9.8% | -6.4% |
| 2017 | $706.7M | +18.2% | -2.7% |
| 2018 | $656.2M | -7.2% | -0.3% |
| 2019 | $768.8M | +17.2% | +8.7% |
| 2020 | $625.0M | -18.7% | -4% |
| 2021 | $1.2B | +94.1% | +22.7% |
| 2022 | $2.0B | +64.6% | +37.5% |
| 2023 | $1.1B | -46.4% | +19.7% |
| 2024 | $917.8M | -14.3% | -8.9% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Netherlands | $149.4M | +3.8% | 15 |
| USA | $137.2M | +14.4% | 17 |
| India | $68.6M | +9.8% | 6 |
| Republic of Korea | $59.4M | +13% | 7 |
| Canada | $54.8M | -1.6% | 6 |
| Japan | $53.1M | +0.7% | 9 |
| Germany | $35.6M | -4.4% | 24 |
| Bahrain | $32.1M | +19.3% | 5 |
| United Arab Emirates | $29.6M | +1.3% | 3 |
| Turkey | $25.4M | +14.4% | 8 |
| Italy | $23.9M | +5.2% | 16 |
| Greece | $19.4M | +5.4% | 8 |

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