Magnesite trade by country: top importers, exporters and prices
World trade in magnesite was worth $2.11 billion in 2024, about 6.73 million tonnes. That is an increase of 7% since 2017, and down 6% 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 | $2.11B | 6.73M t |
| 2023 | $2.25B | 7.94M t |
| 2022 | $2.96B | 7.62M t |
| 2021 | $2.55B | 6.82M t |
| 2020 | $1.75B | 5.23M t |
| 2019 | $2.28B | 5.45M t |
| 2018 | $2.72B | 5.66M t |
| 2017 | $1.98B | 5.22M t |
Top magnesite exporting countries
China is the largest exporter with 47% of world exports, followed by Turkey and Brazil. The top three supply 57% between them, out of 101 exporting countries.
Top importing countries and buyer markets
The United States is the biggest buyer with 11% of world imports, ahead of India and Germany. Demand is spread widely: the top three take 26% across 167 importing countries.
| Importer | Value | Share |
|---|---|---|
| United States | $222.3M | 11% |
| India | $190.0M | 9% |
| Germany | $141.6M | 6.7% |
| Japan | $122.4M | 5.8% |
| DR Congo | $102.9M | 4.9% |
| Netherlands | $87.4M | 4.1% |
| Indonesia | $82.7M | 3.9% |
| France | $75.2M | 3.6% |
| South Korea | $74.9M | 3.6% |
| Austria | $73.2M | 3.5% |
| Turkey | $59.1M | 2.8% |
| Poland | $55.8M | 2.6% |
Average price per kg
The world average declared value was about $0.31 per kg in 2024. Among the main exporters, Israel averaged $3.17 per kg and China $0.21 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.
Who is behind these numbers in this market?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
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 2519: Natural magnesium carbonate (magnesite); fused magnesia; dead-burned (sintered) magnesia, whether or not containing small quantities of other oxides added before sintering; magnesium oxide, pure or not. HS 2519 codes.
Common questions
Which countries export the most magnesite?
China exported $988.3 million in 2024, 47% of the world total, followed by Turkey (5%) and Brazil (5%). In all, 101 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most magnesite?
The United States imported $222.3 million in 2024, 11% of world imports, ahead of India (9%) and Germany (7%). The top three importers together take 26%. Each country with its own page is linked from the table.
How big is the world trade in magnesite?
It was worth $2.11 billion in 2024, about 6.73 million tonnes. That is an increase of 7% since 2017. The peak year was 2022 at $2.96 billion. 101 countries reported exports and 167 reported imports.
What is the average price of magnesite per kg?
The world average declared value was about $0.31 per kg in 2024. Among the main exporters, Israel averaged $3.17 per kg and China $0.21 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 magnesite?
The HS code for magnesite is heading 2519, in chapter 25 (salt; sulphur; earths, stone; plastering materials, lime and cement). Customs uses this code worldwide at the six-digit level; national tariffs add more digits. The full list of codes is on the HS 2519 page.
How can I find magnesite buyers and suppliers?
Public statistics stop at country totals. EximDataX shows the importers and exporters behind this trade from shipment-level customs records, updated weekly, with direct customs feeds and mirror data. Tell us your product and we will show you the latest records on a live call.
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.