# Magnesium (HS4 8104) Trade Overview | Yugalinks

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Magnesium at HS4 8104, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/8104

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## Answer

The magnesium subsector recorded $2.2B in reported global trade in 2024, with -10.9% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $2.2B |
| Latest annual change | -10.9% |
| Active exporters | 93 |
| Active importers | 176 |
| Active HS6 products | 5 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $815.5M | 1,078 | 5 |
| 1996 | $827.1M | 1,077 | 5 |
| 1997 | $899.4M | 1,070 | 5 |
| 1998 | $968.6M | 1,024 | 5 |
| 1999 | $1.1B | 1,097 | 5 |
| 2000 | $1.0B | 1,213 | 5 |
| 2001 | $873.2M | 1,232 | 5 |
| 2002 | $933.4M | 1,223 | 5 |
| 2003 | $1.1B | 1,233 | 5 |
| 2004 | $1.4B | 1,292 | 5 |
| 2005 | $1.4B | 1,368 | 5 |
| 2006 | $1.4B | 1,414 | 5 |
| 2007 | $1.8B | 1,429 | 5 |
| 2008 | $2.8B | 1,512 | 5 |
| 2009 | $1.3B | 1,515 | 5 |
| 2010 | $1.8B | 1,583 | 5 |
| 2011 | $2.0B | 1,582 | 5 |
| 2012 | $2.0B | 1,654 | 5 |
| 2013 | $2.0B | 1,691 | 5 |
| 2014 | $2.0B | 1,791 | 5 |
| 2015 | $1.8B | 1,842 | 5 |
| 2016 | $1.6B | 1,884 | 5 |
| 2017 | $1.8B | 1,852 | 5 |
| 2018 | $1.8B | 1,948 | 5 |
| 2019 | $1.9B | 1,948 | 5 |
| 2020 | $1.6B | 1,880 | 5 |
| 2021 | $2.5B | 1,950 | 5 |
| 2022 | $4.5B | 2,109 | 5 |
| 2023 | $2.6B | 2,012 | 5 |
| 2024 | $2.2B | 2,001 | 5 |

## Leading corridors

- China to Netherlands: $224.5M; growth -17.2%.
- China to Canada: $187.3M; growth -3.1%.
- China to India: $100.7M; growth +4.8%.
- Israel to USA, Puerto Rico and US Virgin Islands: $88.7M; growth +49.1%.
- China to Republic of Korea: $85.1M; growth -1.2%.
- China to Japan: $78.8M; growth -19.3%.
- China to Germany: $58.9M; growth -3.3%.
- China to Mexico: $52.4M; growth +11.2%.
- China to Turkey: $51.6M; growth +8.3%.
- Turkey to USA, Puerto Rico and US Virgin Islands: $41.7M; growth +30.7%.

## HS6 products

- Magnesium: unwrought, containing at least 99.8% by weight of magnesium (HS6 810411)
- Magnesium: unwrought, containing less than 99.8% by weight of magnesium (HS6 810419)
- Magnesium: waste and scrap (HS6 810420)
- Magnesium: raspings, turnings and granules, graded according to size, powders (HS6 810430)
- Magnesium: articles n.e.c. in heading no. 8104 (HS6 810490)

## Definitions and coverage

Merchandise trade observations aggregated to HS4. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024.

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## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.