Latest trade
$2.2BGlobal subsector valueHS4 subsector intelligence
Magnesium
HS4 8104 trade overview
A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.
The numbers at a glanceLatest reported year · 2024
Annual change
-10.9%Latest year on yearExporters
93Active reporting countriesImporters
176Active reporting countriesHS6 products
5Classifications inside HS4The subsector read
$2.2B in trade, with -4.3% annualized growth over three years.
Magnesium is recorded across 2,001 active corridors, with 93 exporters and 176 importers.
Annual trend
Subsector momentum over time
Reported global trade from 1995 to 2024. Read the methodology ↗
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
| Rank | Exporter | Importer | Trade value | Growth | HS6 | Distance | FTA |
|---|---|---|---|---|---|---|---|
| 1 | ChinaCHN | NetherlandsNLD | $224.5M | -17.2% | 5 | 8,894 km | No |
| 2 | ChinaCHN | CanadaCAN | $187.3M | -3.1% | 5 | 11,441 km | No |
| 3 | ChinaCHN | IndiaIND | $100.7M | +4.8% | 5 | 4,252 km | No |
| 4 | IsraelISR | USA, Puerto Rico and US Virgin IslandsUSA | $88.7M | +49.1% | 4 | 9,135 km | Yes |
| 5 | ChinaCHN | Republic of KoreaKOR | $85.1M | -1.2% | 5 | 867 km | Yes |
| 6 | ChinaCHN | JapanJPN | $78.8M | -19.3% | 5 | 1,763 km | No |
| 7 | ChinaCHN | GermanyDEU | $58.9M | -3.3% | 5 | 8,415 km | No |
| 8 | ChinaCHN | MexicoMEX | $52.4M | +11.2% | 5 | 12,928 km | No |
| 9 | ChinaCHN | TurkeyTUR | $51.6M | +8.3% | 4 | 8,004 km | No |
| 10 | TurkeyTUR | USA, Puerto Rico and US Virgin IslandsUSA | $41.7M | +30.7% | 4 | 8,087 km | No |
Market structure
Where supply and demand concentrate
Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗
| Rank | Country | Exports | Partners | HS6 |
|---|---|---|---|---|
| 1 | ChinaCHN | $1.3B | 132 | 5 |
| 2 | IsraelISR | $124.8M | 20 | 5 |
| 3 | AustriaAUT | $110.3M | 66 | 5 |
| 4 | GermanyDEU | $70.6M | 86 | 5 |
| 5 | TurkeyTUR | $57.3M | 84 | 5 |
| 6 | United KingdomGBR | $52.6M | 73 | 5 |
| 7 | NetherlandsNLD | $52.5M | 56 | 5 |
| 8 | CzechiaCZE | $49.3M | 41 | 5 |
| 9 | Republic of KoreaKOR | $46.9M | 38 | 5 |
| 10 | MexicoMEX | $43.5M | 17 | 5 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | USA, Puerto Rico and US Virgin IslandsUSA | $376.5M | 38 | 5 |
| 2 | NetherlandsNLD | $247.1M | 48 | 5 |
| 3 | CanadaCAN | $202.5M | 28 | 5 |
| 4 | GermanyDEU | $135.1M | 49 | 5 |
| 5 | IndiaIND | $104.1M | 26 | 5 |
| 6 | JapanJPN | $100.1M | 26 | 5 |
| 7 | Republic of KoreaKOR | $89.4M | 29 | 5 |
| 8 | MexicoMEX | $60.9M | 23 | 5 |
| 9 | TurkeyTUR | $56.8M | 27 | 5 |
| 10 | SlovakiaSVK | $52.1M | 26 | 5 |
HS6 product coverage
The products inside HS4 8104
Six-digit classifications make the subsector specific. Browse the product workspace ↗
5 classifications shownMagnesium
Magnesium: unwrought, containing at least 99.8% by weight of magnesiumHS6 810411
Magnesium: unwrought, containing less than 99.8% by weight of magnesiumHS6 810419
Magnesium: waste and scrapHS6 810420
Magnesium: raspings, turnings and granules, graded according to size, powdersHS6 810430
Magnesium: articles n.e.c. in heading no. 8104HS6 810490
Definitions and coverage
Read the numbers with context
Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗
Reported values
Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.
Calculated indicators
Growth, concentration, volatility, and peak comparisons are calculated from reported observations.
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.