# HS 911120 Of Base Metal global trade data overview | Yugalinks

Reported global trade in of base metal, whether or not gold-plated or silver-plated reached $504.4M in 2024, with five-year annual growth of -7.1%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $736.3M | +1.5% | +12.3% |
| 2014 | $790.1M | +7.3% | +4.7% |
| 2015 | $763.6M | -3.4% | +1.7% |
| 2016 | $789.8M | +3.4% | +2.4% |
| 2017 | $660.3M | -16.4% | -5.8% |
| 2018 | $738.2M | +11.8% | -1.1% |
| 2019 | $728.7M | -1.3% | -2.6% |
| 2020 | $463.6M | -36.4% | -11.1% |
| 2021 | $500.8M | +8% | -12.1% |
| 2022 | $557.6M | +11.4% | -8.5% |
| 2023 | $578.4M | +3.7% | +7.7% |
| 2024 | $504.4M | -12.8% | +0.2% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Switzerland, Liechtenstein | $212.4M | -7.7% | 47 |
| China, Hong Kong Special Administrative Region | $58.5M | +27.5% | 27 |
| Thailand | $48.6M | +12.7% | 15 |
| China | $39.9M | -20.6% | 21 |
| Japan | $29.3M | -9.2% | 14 |
| Brazil | $17.7M | -10.1% | 12 |
| Philippines | $16.5M | -0.4% | 8 |
| Germany | $11.1M | +1.5% | 42 |
| India | $10.6M | -0.1% | 10 |
| Viet Nam | $7.7M | -37.6% | 9 |
| France | $7.1M | -1.9% | 22 |
| Malaysia | $5.8M | +37.5% | 14 |

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