{
  "pageType": "HS4 subsector trade overview",
  "source": "api",
  "title": "Magnets (HS4 8505) Trade Overview | Yugalinks",
  "description": "Review reported global trade for magnets at HS4 8505, including scale, trend, corridors, countries, and the HS6 products within this subsector.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/8505",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks",
    "sameAs": [
      "https://in.linkedin.com/company/yugalinks"
    ]
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-27",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-27"
      }
    ]
  },
  "links": {
    "html": "https://www.yugalinks.com/trade/sector/hs4/8505/index.html",
    "markdown": "https://www.yugalinks.com/trade/sector/hs4/8505/index.md",
    "json": "https://www.yugalinks.com/trade/sector/hs4/8505/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/sector/hs4/8505/index.ld.json",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "internalLinks": {
    "workspace": "https://www.yugalinks.com/app",
    "platform": "https://www.yugalinks.com/platform",
    "methodology": "https://www.yugalinks.com/methodology",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "dataCoverage": "https://www.yugalinks.com/data-coverage",
    "responsibleAi": "https://www.yugalinks.com/responsible-ai"
  },
  "subsector": {
    "hs4": "8505",
    "name": "Magnets"
  },
  "coverage": {
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "refreshedAt": "2026-07-20 09:34:09"
  },
  "answer": "The magnets subsector recorded $10.6B in reported global trade in 2024, with -3% annual change.",
  "keyFigures": {
    "latestTradeUsd": 10617038339.45996,
    "latestAnnualChangePct": -2.964258426888103,
    "activeExporters": 183,
    "activeImporters": 199,
    "activeHs6Products": 4
  },
  "growthAndStructure": {
    "trendLabel": "Stable",
    "tradeCagr3yPct": -1.0983229768740888,
    "tradeCagr5yPct": 4.317418857537603,
    "historicalPeakUsd": 12650849085.423418,
    "historicalPeakYear": 2022,
    "positiveGrowthYearSharePct": 65.51724137931035,
    "exporterConcentrationHhi": 2338.8342708113555,
    "importerConcentrationHhi": 534.5389799258784,
    "tradeVolatilityCv": 0.4249978298811426
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  "annualRows": [
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      "year": 1995,
      "hs4": 8505,
      "global_trade_usd": 2956897585.1825953,
      "corridor_count": 3016,
      "active_hs6_count": 4
    },
    {
      "year": 1996,
      "hs4": 8505,
      "global_trade_usd": 2937160787.16052,
      "corridor_count": 2952,
      "active_hs6_count": 4
    },
    {
      "year": 1997,
      "hs4": 8505,
      "global_trade_usd": 3168524418.4278593,
      "corridor_count": 2956,
      "active_hs6_count": 4
    },
    {
      "year": 1998,
      "hs4": 8505,
      "global_trade_usd": 3270080987.2453585,
      "corridor_count": 3064,
      "active_hs6_count": 4
    },
    {
      "year": 1999,
      "hs4": 8505,
      "global_trade_usd": 3476215594.3978515,
      "corridor_count": 3261,
      "active_hs6_count": 4
    },
    {
      "year": 2000,
      "hs4": 8505,
      "global_trade_usd": 3842921289.7813835,
      "corridor_count": 4132,
      "active_hs6_count": 4
    },
    {
      "year": 2001,
      "hs4": 8505,
      "global_trade_usd": 3344622035.100474,
      "corridor_count": 4153,
      "active_hs6_count": 4
    },
    {
      "year": 2002,
      "hs4": 8505,
      "global_trade_usd": 3603335635.6516423,
      "corridor_count": 4286,
      "active_hs6_count": 4
    },
    {
      "year": 2003,
      "hs4": 8505,
      "global_trade_usd": 4068525710.459166,
      "corridor_count": 4488,
      "active_hs6_count": 4
    },
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      "year": 2004,
      "hs4": 8505,
      "global_trade_usd": 4595852498.715664,
      "corridor_count": 4603,
      "active_hs6_count": 4
    },
    {
      "year": 2005,
      "hs4": 8505,
      "global_trade_usd": 5094054415.0019,
      "corridor_count": 4846,
      "active_hs6_count": 4
    },
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      "year": 2006,
      "hs4": 8505,
      "global_trade_usd": 5366231697.500917,
      "corridor_count": 5138,
      "active_hs6_count": 4
    },
    {
      "year": 2007,
      "hs4": 8505,
      "global_trade_usd": 6112532467.450509,
      "corridor_count": 5599,
      "active_hs6_count": 4
    },
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      "year": 2008,
      "hs4": 8505,
      "global_trade_usd": 6567969049.285205,
      "corridor_count": 5508,
      "active_hs6_count": 4
    },
    {
      "year": 2009,
      "hs4": 8505,
      "global_trade_usd": 4617998849.9814825,
      "corridor_count": 5615,
      "active_hs6_count": 4
    },
    {
      "year": 2010,
      "hs4": 8505,
      "global_trade_usd": 6272127961.4929285,
      "corridor_count": 5651,
      "active_hs6_count": 4
    },
    {
      "year": 2011,
      "hs4": 8505,
      "global_trade_usd": 9232565918.312506,
      "corridor_count": 6005,
      "active_hs6_count": 4
    },
    {
      "year": 2012,
      "hs4": 8505,
      "global_trade_usd": 9817157278.139923,
      "corridor_count": 6124,
      "active_hs6_count": 4
    },
    {
      "year": 2013,
      "hs4": 8505,
      "global_trade_usd": 8371101042.8884,
      "corridor_count": 6229,
      "active_hs6_count": 4
    },
    {
      "year": 2014,
      "hs4": 8505,
      "global_trade_usd": 8494185166.7446375,
      "corridor_count": 6366,
      "active_hs6_count": 4
    },
    {
      "year": 2015,
      "hs4": 8505,
      "global_trade_usd": 7714358263.633609,
      "corridor_count": 6463,
      "active_hs6_count": 4
    },
    {
      "year": 2016,
      "hs4": 8505,
      "global_trade_usd": 7675636839.860051,
      "corridor_count": 6644,
      "active_hs6_count": 4
    },
    {
      "year": 2017,
      "hs4": 8505,
      "global_trade_usd": 8433531970.223693,
      "corridor_count": 6849,
      "active_hs6_count": 4
    },
    {
      "year": 2018,
      "hs4": 8505,
      "global_trade_usd": 9172779739.524775,
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      "active_hs6_count": 4
    },
    {
      "year": 2019,
      "hs4": 8505,
      "global_trade_usd": 8594472417.628443,
      "corridor_count": 7224,
      "active_hs6_count": 4
    },
    {
      "year": 2020,
      "hs4": 8505,
      "global_trade_usd": 8225569711.615011,
      "corridor_count": 6978,
      "active_hs6_count": 4
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      "year": 2021,
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      "year": 2022,
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      "year": 2024,
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      "exporter_name": "China",
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      "exporter_name": "China",
      "importer_name": "Thailand"
    },
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      "importer_iso3": "PHL",
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      "latest_data_year": 2024,
      "years_with_data": 30,
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      "exports_avg_3y_usd": 228904868.02887237,
      "exports_avg_5y_usd": 221991662.57122383,
      "exports_avg_10y_usd": 215408508.972068,
      "exports_cagr_3y_pct": -13.195975032815566,
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      "exports_cagr_10y_pct": -3.1882858123455815,
      "historical_peak_usd": 635859222.7145312,
      "historical_peak_year": 2012,
      "latest_below_peak_pct": 72.62233643708561,
      "yoy_growth_latest_pct": -15.738507929042223,
      "positive_growth_year_share_pct": 58.62068965517241,
      "trend_acceleration_pct": -10.007689220469985,
      "trend_label": "Rapid decline",
      "active_hs6_count": 4,
      "access_data_year": 2024,
      "distance_km": 2990,
      "has_reported_fta": 1,
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      "mfn_tariff_pct": 0.19392619136161618,
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      "exporter_name": "Japan",
      "importer_name": "Philippines"
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      "exports_avg_5y_usd": 112367739.14797655,
      "exports_avg_10y_usd": 59182840.39148474,
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      "exports_cagr_5y_pct": 103.43937910222745,
      "exports_cagr_10y_pct": 40.96571821910562,
      "historical_peak_usd": 164678349.98985058,
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      "positive_growth_year_share_pct": 57.142857142857146,
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      "trend_label": "Rapid growth",
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      "exporter_name": "Viet Nam",
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      "active_hs6_count": 4,
      "country_name": "Germany"
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      "export_partner_count": 97,
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      "country_name": "Viet Nam"
    },
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      "year": 2024,
      "country_iso3": "FRA",
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      "imports_usd": 291204066.04896003,
      "trade_balance_usd": -19432870.59580189,
      "export_partner_count": 162,
      "import_partner_count": 92,
      "active_hs6_count": 4,
      "country_name": "France"
    },
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      "trade_balance_usd": -197013904.07925528,
      "export_partner_count": 76,
      "import_partner_count": 51,
      "active_hs6_count": 4,
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    },
    {
      "year": 2024,
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      "imports_usd": 459890035.60348135,
      "trade_balance_usd": -231707472.8118804,
      "export_partner_count": 128,
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      "active_hs6_count": 4,
      "country_name": "Republic of Korea"
    },
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      "year": 2024,
      "country_iso3": "ITA",
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      "imports_usd": 272829889.6691792,
      "trade_balance_usd": -65774350.03670165,
      "export_partner_count": 150,
      "import_partner_count": 63,
      "active_hs6_count": 4,
      "country_name": "Italy"
    },
    {
      "year": 2024,
      "country_iso3": "CHE",
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      "exports_usd": 154901766.09874746,
      "imports_usd": 143997493.2882842,
      "trade_balance_usd": 10904272.81046325,
      "export_partner_count": 139,
      "import_partner_count": 79,
      "active_hs6_count": 4,
      "country_name": "Switzerland, Liechtenstein"
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      "export_partner_count": 172,
      "import_partner_count": 100,
      "active_hs6_count": 4,
      "country_name": "Germany"
    },
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      "export_partner_count": 157,
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      "active_hs6_count": 4,
      "country_name": "USA, Puerto Rico and US Virgin Islands"
    },
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      "trade_balance_usd": 141561429.37541056,
      "export_partner_count": 143,
      "import_partner_count": 58,
      "active_hs6_count": 4,
      "country_name": "Japan"
    },
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      "export_partner_count": 193,
      "import_partner_count": 78,
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    },
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      "year": 2024,
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      "imports_usd": 588218673.6888815,
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      "export_partner_count": 97,
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      "active_hs6_count": 4,
      "country_name": "Viet Nam"
    },
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      "year": 2024,
      "country_iso3": "MEX",
      "hs4": 8505,
      "exports_usd": 148466923.28273952,
      "imports_usd": 566760221.2995661,
      "trade_balance_usd": -418293298.0168266,
      "export_partner_count": 122,
      "import_partner_count": 119,
      "active_hs6_count": 4,
      "country_name": "Mexico"
    },
    {
      "year": 2024,
      "country_iso3": "KOR",
      "hs4": 8505,
      "exports_usd": 228182562.79160094,
      "imports_usd": 459890035.60348135,
      "trade_balance_usd": -231707472.8118804,
      "export_partner_count": 128,
      "import_partner_count": 65,
      "active_hs6_count": 4,
      "country_name": "Republic of Korea"
    },
    {
      "year": 2024,
      "country_iso3": "PHL",
      "hs4": 8505,
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      "imports_usd": 448713199.6341696,
      "trade_balance_usd": -197013904.07925528,
      "export_partner_count": 76,
      "import_partner_count": 51,
      "active_hs6_count": 4,
      "country_name": "Philippines"
    },
    {
      "year": 2024,
      "country_iso3": "IND",
      "hs4": 8505,
      "exports_usd": 54906607.28274053,
      "imports_usd": 372392152.66356754,
      "trade_balance_usd": -317485545.380827,
      "export_partner_count": 156,
      "import_partner_count": 62,
      "active_hs6_count": 4,
      "country_name": "India"
    },
    {
      "year": 2024,
      "country_iso3": "THA",
      "hs4": 8505,
      "exports_usd": 116534752.46259078,
      "imports_usd": 363903035.5958043,
      "trade_balance_usd": -247368283.1332135,
      "export_partner_count": 117,
      "import_partner_count": 61,
      "active_hs6_count": 4,
      "country_name": "Thailand"
    }
  ],
  "products": [
    {
      "hs_code": "850511",
      "product_name": "Magnets: permanent magnets and articles intended to become permanent magnets after magnetisation, of metal"
    },
    {
      "hs_code": "850519",
      "product_name": "Magnets: permanent magnets and articles intended to become permanent magnets after magnetisation, other than of metal"
    },
    {
      "hs_code": "850520",
      "product_name": "Magnets: electro-magnetic couplings, clutches and brakes"
    },
    {
      "hs_code": "850530",
      "product_name": "Magnets: electro-magnetic lifting heads"
    },
    {
      "hs_code": "850590",
      "product_name": "Magnets: electro-magnets, holding devices and parts n.e.c. in heading no. 8505"
    }
  ],
  "methodology": {
    "reportedValues": "Merchandise trade observations aggregated to HS4.",
    "calculatedIndicators": "Growth, concentration, volatility, and peak comparisons calculated from reported observations.",
    "missingData": "Missing values remain unavailable and are not imputed."
  }
}