Iodine trade by country: top importers, exporters and prices
World trade in iodine was worth $2.35 billion in 2024, about 39.3 thousand tonnes. That is an increase of 263% since 2017, and up 10% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $2.35B | 39.3K t |
| 2023 | $2.14B | 34.5K t |
| 2022 | $1.90B | 37.5K t |
| 2021 | $1.14B | 34.3K t |
| 2020 | $1.15B | 34.6K t |
| 2019 | $991.0M | 35.6K t |
| 2018 | $869.6M | 37.2K t |
| 2017 | $648.8M | 33.9K t |
Top iodine exporting countries
Chile is the largest exporter with 64% of world exports, followed by Japan and Belgium. The top three supply 89% between them, out of 71 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| Chile | $1.50B | 64% |
| Japan | $313.0M | 13% |
| Belgium | $279.6M | 12% |
| Turkmenistan | $75.1M | 3.2% |
| United States | $71.9M | 3.1% |
| Netherlands | $28.0M | 1.2% |
| Italy | $14.8M | 0.6% |
| Azerbaijan | $11.1M | 0.5% |
| United Kingdom | $10.7M | 0.5% |
| Turkey | $10.0M | 0.4% |
| India | $8.6M | 0.4% |
| Brazil | $8.5M | 0.4% |
Top importing countries and buyer markets
The largest importers are China (24%), India (14%) and Norway (13%). 175 countries imported it, and the top three take 51% of the value.
| Importer | Value | Share |
|---|---|---|
| China | $556.1M | 24% |
| India | $319.7M | 14% |
| Norway | $317.2M | 14% |
| United States | $223.6M | 9.5% |
| Belgium | $202.7M | 8.6% |
| Netherlands | $138.0M | 5.9% |
| Italy | $137.7M | 5.9% |
| Germany | $101.6M | 4.3% |
| Brazil | $79.2M | 3.4% |
| France | $56.3M | 2.4% |
| United Kingdom | $52.1M | 2.2% |
| Spain | $21.8M | 0.9% |
Average price per kg
The world average declared value was about $59.93 per kg in 2024. Among the main exporters, Italy averaged $67.83 per kg and the United States $40.35 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Related product types
Who is behind these numbers in this market?
The shipment records behind Iodine (HS 2801.20) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2801.20: Iodine. HS 2801 codes.
Common questions
Which countries export the most iodine?
Chile exported $1.50 billion in 2024, 64% of the world total, followed by Japan (13%) and Belgium (12%). In all, 71 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most iodine?
China imported $556.1 million in 2024, 24% of world imports, ahead of India (14%) and Norway (13%). The top three importers together take 51%. Each country with its own page is linked from the table.
How big is the world trade in iodine?
It was worth $2.35 billion in 2024, about 39.3 thousand tonnes. That is an increase of 263% since 2017. 2024 was the highest year since 2017. 71 countries reported exports and 175 reported imports.
What is the average price of iodine per kg?
The world average declared value was about $59.93 per kg in 2024. Among the main exporters, Italy averaged $67.83 per kg and the United States $40.35 per kg, so grade and origin matter. It is total declared value divided by total weight, so treat it as a benchmark, not a quote.
What is the HS code for iodine?
The HS code for iodine is subheading 2801.20, in chapter 28 (inorganic chemicals; organic and inorganic compounds of precious metals; of rare earth metals, of radio-active elements and of isotopes). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 2801 page.
How can I find iodine buyers and suppliers?
EximDataX shows the importers and exporters of iodine by name, from shipment-level customs records updated weekly. Ask for a live look at the markets you sell to.
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