Zinc ingots trade by country: top importers, exporters and prices
World trade in zinc ingots was worth $15.01 billion in 2024, about 10.17 million tonnes. That is a fall of 10% 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 | $15.01B | 10.17M t |
| 2023 | $15.93B | 5.38M t |
| 2022 | $18.95B | 5.42M t |
| 2021 | $17.13B | 5.67M t |
| 2020 | $13.39B | 5.64M t |
| 2019 | $15.51B | 5.95M t |
| 2018 | $17.40B | 5.83M t |
| 2017 | $16.63B | 5.69M t |
Top zinc ingots exporting countries
Exports are led by Spain (10%), South Korea (9%) and Australia (8%). 103 countries reported exports, and the top three account for 27%.
| Exporter | Value | Share |
|---|---|---|
| Spain | $1.52B | 10% |
| South Korea | $1.36B | 9.1% |
| Australia | $1.21B | 8% |
| Canada | $1.15B | 7.7% |
| Belgium | $1.14B | 7.6% |
| Peru | $867.8M | 5.8% |
| Netherlands | $849.7M | 5.7% |
| Finland | $788.0M | 5.3% |
| India | $765.5M | 5.1% |
| Kazakhstan | $714.9M | 4.8% |
| Mexico | $553.3M | 3.7% |
| Norway | $528.2M | 3.5% |
Top importing countries and buyer markets
The United States is the biggest buyer with 12% of world imports, ahead of China and the Netherlands. Demand is spread widely: the top three take 28% across 161 importing countries.
| Importer | Value | Share |
|---|---|---|
| United States | $1.74B | 12% |
| China | $1.37B | 9.1% |
| Netherlands | $1.03B | 6.9% |
| Germany | $982.4M | 6.6% |
| Turkey | $902.9M | 6% |
| Vietnam | $753.8M | 5% |
| Italy | $613.3M | 4.1% |
| India | $555.4M | 3.7% |
| Taiwan | $553.5M | 3.7% |
| Singapore | $535.6M | 3.6% |
| Belgium | $533.7M | 3.6% |
| Thailand | $436.4M | 2.9% |
Average price per kg
The world average declared value was about $1.48 per kg in 2024. Among the main exporters, the Netherlands averaged $3.25 per kg and Spain $0.28 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 7901: Zinc; unwrought. HS 7901 codes.
Common questions
Which countries export the most zinc ingots?
Spain exported $1.52 billion in 2024, 10% of the world total, followed by South Korea (9%) and Australia (8%). In all, 103 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most zinc ingots?
The United States imported $1.74 billion in 2024, 12% of world imports, ahead of China (9%) and the Netherlands (7%). The top three importers together take 28%. Each country with its own page is linked from the table.
How big is the world trade in zinc ingots?
It was worth $15.01 billion in 2024, about 10.17 million tonnes. That is a fall of 10% since 2017. The peak year was 2022 at $18.95 billion. 103 countries reported exports and 161 reported imports.
What is the average price of zinc ingots per kg?
The world average declared value was about $1.48 per kg in 2024. Among the main exporters, the Netherlands averaged $3.25 per kg and Spain $0.28 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 zinc ingots?
The HS code for zinc ingots is heading 7901, in chapter 79 (zinc and articles thereof). Customs uses this code worldwide at the six-digit level; national tariffs add more digits. The full list of codes is on the HS 7901 page.
How can I find zinc ingots 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.
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