# Magnets (HS4 8505) Trade Overview | Yugalinks

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Magnets at HS4 8505, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/8505

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## Answer

The magnets subsector recorded $10.6B in reported global trade in 2024, with -3% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $10.6B |
| Latest annual change | -3% |
| Active exporters | 183 |
| Active importers | 199 |
| Active HS6 products | 4 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $3.0B | 3,016 | 4 |
| 1996 | $2.9B | 2,952 | 4 |
| 1997 | $3.2B | 2,956 | 4 |
| 1998 | $3.3B | 3,064 | 4 |
| 1999 | $3.5B | 3,261 | 4 |
| 2000 | $3.8B | 4,132 | 4 |
| 2001 | $3.3B | 4,153 | 4 |
| 2002 | $3.6B | 4,286 | 4 |
| 2003 | $4.1B | 4,488 | 4 |
| 2004 | $4.6B | 4,603 | 4 |
| 2005 | $5.1B | 4,846 | 4 |
| 2006 | $5.4B | 5,138 | 4 |
| 2007 | $6.1B | 5,599 | 4 |
| 2008 | $6.6B | 5,508 | 4 |
| 2009 | $4.6B | 5,615 | 4 |
| 2010 | $6.3B | 5,651 | 4 |
| 2011 | $9.2B | 6,005 | 4 |
| 2012 | $9.8B | 6,124 | 4 |
| 2013 | $8.4B | 6,229 | 4 |
| 2014 | $8.5B | 6,366 | 4 |
| 2015 | $7.7B | 6,463 | 4 |
| 2016 | $7.7B | 6,644 | 4 |
| 2017 | $8.4B | 6,849 | 4 |
| 2018 | $9.2B | 7,071 | 4 |
| 2019 | $8.6B | 7,224 | 4 |
| 2020 | $8.2B | 6,978 | 4 |
| 2021 | $11.0B | 7,164 | 4 |
| 2022 | $12.7B | 7,250 | 4 |
| 2023 | $11.4B | 7,446 | 4 |
| 2024 | $10.6B | 7,552 | 4 |

## Leading corridors

- China to Germany: $635.1M; growth +5.8%.
- China to Viet Nam: $496.9M; growth +2.3%.
- China to USA, Puerto Rico and US Virgin Islands: $473.0M; growth -3.3%.
- China to Republic of Korea: $370.0M; growth -0.1%.
- China to Mexico: $301.8M; growth +14.6%.
- China to Japan: $291.5M; growth -0%.
- China to India: $253.2M; growth +26.5%.
- China to Thailand: $175.8M; growth -3.3%.
- Japan to Philippines: $174.1M; growth -13.2%.
- Viet Nam to Japan: $164.7M; growth +37.7%.

## HS6 products

- Magnets: permanent magnets and articles intended to become permanent magnets after magnetisation, of metal (HS6 850511)
- Magnets: permanent magnets and articles intended to become permanent magnets after magnetisation, other than of metal (HS6 850519)
- Magnets: electro-magnetic couplings, clutches and brakes (HS6 850520)
- Magnets: electro-magnetic lifting heads (HS6 850530)
- Magnets: electro-magnets, holding devices and parts n.e.c. in heading no. 8505 (HS6 850590)

## 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.