HS4 subsector intelligence

Magnesium carbonate (magnesite)
HS4 2519 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 25191995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$2.1BGlobal subsector value
02

Annual change

-12.1%Latest year on year
03

Exporters

119Active reporting countries
04

Importers

180Active reporting countries
05

HS6 products

2Classifications inside HS4

The subsector read

$2.1B in trade, with -2.7% annualized growth over three years.

Magnesium carbonate (magnesite) is recorded across 2,336 active corridors, with 119 exporters and 180 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $996.3M1996: $889.0M1997: $914.8M1998: $846.8M1999: $749.0M2000: $824.4M2001: $863.2M2002: $861.9M2003: $938.1M2004: $1.1B2005: $1.2B2006: $1.2B2007: $1.4B2008: $1.9B2009: $1.2B2010: $2.0B2011: $2.3B2012: $1.9B2013: $1.8B2014: $1.9B2015: $1.7B2016: $1.5B2017: $1.7B2018: $2.5B2019: $2.0B2020: $1.6B2021: $2.3B2022: $2.7B2023: $2.2B2024: $2.1B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1ChinaCHNIndiaIND$110.2M+13.8%24,252 kmNo
2ChinaCHNJapanJPN$101.2M-12.8%21,763 kmNo
3ChinaCHNUSA, Puerto Rico and US Virgin IslandsUSA$93.9M-12.4%211,883 kmNo
4United Rep. of TanzaniaTZADemocratic Republic of the CongoCOD$66.3M+28.2%22,668 kmNo
5ChinaCHNIndonesiaIDN$65.1M-0.1%24,425 kmYes
6AustraliaAUSDemocratic Republic of the CongoCOD$64.0M+47.4%213,040 kmNo
7USA, Puerto Rico and US Virgin IslandsUSADemocratic Republic of the CongoCOD$56.0M+23%210,265 kmNo
8ChinaCHNRepublic of KoreaKOR$54.3M-16.1%2867 kmYes
9ChinaCHNNetherlandsNLD$39.0M-25.4%28,894 kmNo
10NetherlandsNLDGermanyDEU$37.8M-7.3%2579 kmYes

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1ChinaCHN$861.8M1332
2AustraliaAUS$98.4M332
3TurkeyTUR$96.1M812
4NetherlandsNLD$94.0M752
5USA, Puerto Rico and US Virgin IslandsUSA$92.1M922
6BrazilBRA$91.6M562
7SpainESP$89.0M932
8JapanJPN$80.1M622
9IsraelISR$76.0M552
10United Rep. of TanzaniaTZA$66.3M22
Top importers2024 ranking
RankCountryImportsPartnersHS6
1Democratic Republic of the CongoCOD$238.7M242
2USA, Puerto Rico and US Virgin IslandsUSA$206.3M342
3IndiaIND$165.0M402
4GermanyDEU$146.7M512
5JapanJPN$115.9M272
6AustriaAUT$78.5M292
7FranceFRA$71.9M452
8NetherlandsNLD$71.7M522
9Republic of KoreaKOR$71.3M292
10IndonesiaIDN$67.2M262

HS6 product coverage

The products inside HS4 2519

Six-digit classifications make the subsector specific. Browse the product workspace ↗

2 classifications shownMagnesium carbonate (magnesite)
01
Magnesium carbonate (magnesite): naturalHS6 251910
02
Magnesia, fused or dead-burned (sintered): whether or not containing small quantities of other oxides added before sintering, other magnesium oxide, whether or not pure, (not natural magnesium carbonate)HS6 251990

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.