Non-metal permanent magnets imports in the United Kingdom: data, top suppliers and prices
In 2024, the United Kingdom imported non-metal permanent magnets worth $27.6 million (5.0 thousand tonnes). Its share of world imports was 2%. The value was almost unchanged from 2023. Across 2017-2024 the long-run trend was broadly stable.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $27.6M | 5.0K t |
| 2023 | $27.1M | 4.5K t |
| 2022 | $24.5M | 3.8K t |
| 2021 | $21.4M | 3.2K t |
| 2020 | $16.0M | 2.6K t |
| 2019 | $22.2M | 4.1K t |
| 2018 | $21.8M | 3.9K t |
| 2017 | $19.2M | 3.0K t |
Where the United Kingdom imports non-metal permanent magnets from
One supplier dominates: China accounted for 80% of the value.
| Supplier country | Value | Share |
|---|---|---|
| China | $22.0M | 80% |
| Germany | $939K | 3.4% |
| Netherlands | $912K | 3.3% |
| United States | $853K | 3.1% |
| Turkey | $478K | 1.7% |
| France | $388K | 1.4% |
| Italy | $357K | 1.3% |
| Poland | $240K | 0.9% |
| Spain | $218K | 0.8% |
| Austria | $210K | 0.8% |
Average import price per kg
The average declared value was about $5.49 per kg, close to the world average of $5.64.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Non-metal permanent magnets exports from the United Kingdom
In 2024, the United Kingdom exported non-metal permanent magnets worth $25.4 million (733 tonnes). Its share of world exports was 1%. The largest buyer markets were Singapore (50%), Philippines (13%), France (6%). Among the main buyer markets, Singapore grew fastest (+30% on the year before).
| Destination | Value | Share |
|---|---|---|
| Singapore | $12.6M | 50% |
| Philippines | $3.2M | 13% |
| France | $1.6M | 6.3% |
| Germany | $1.3M | 5% |
| United States | $576K | 2.3% |
| Ireland | $545K | 2.2% |
| Pakistan | $519K | 2.1% |
| China | $393K | 1.6% |
| Netherlands | $356K | 1.4% |
| Egypt | $266K | 1.1% |
Who is behind these numbers in the United Kingdom?
The shipment records behind United Kingdom non-metal permanent magnets imports (HS 8505.19): companies, dates, quantities and declared values.
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Direct customs feed: shipment-level records from the official customs source.
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 8505.19: Magnets: permanent magnets and articles intended to become permanent magnets after magnetisation, other than of metal.
Common questions
What is the value of non-metal permanent magnets imported by the United Kingdom?
The United Kingdom imported non-metal permanent magnets worth $27.6 million in 2024, the latest year with complete public data, about 5.0 thousand tonnes. That ranks it 19th of 203 countries worldwide, with 2% of world imports. The value was up 2% on 2023.
Which countries supply non-metal permanent magnets to the United Kingdom?
China was the largest supplier with 80% of the value ($22.0 million), followed by Germany (3%) and the Netherlands (3%). The top three together account for 86%, out of 50 supplier countries in total. Austria grew fastest among the top ten, up 224% on the year.
What is the average import price of non-metal permanent magnets per kg?
The average declared import value was about $5.49 per kg in 2024, close to the world average of $5.64 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of non-metal permanent magnets to the United Kingdom changed since 2017?
Imports went from $19.2 million in 2017 to $27.6 million in 2024, an increase of 44%. 2024 was the highest year in the period. Over 8 years the average was $22.5 million a year.
Does the United Kingdom also export non-metal permanent magnets?
Yes. The United Kingdom exported $25.4 million worth of this product in 2024, mainly to Singapore, the Philippines and France. That compares with imports of $27.6 million in the same year.
What is the HS code for non-metal permanent magnets?
The HS code for non-metal permanent magnets is subheading 8505.19. It sits in HS chapter 85 (electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles). The full list of codes and descriptions is on the HS 8505 page.
How can I find the companies behind this trade?
EximDataX has a direct customs feed for the United Kingdom, so the importers and exporters behind these totals are visible by name, shipment by shipment. Ask for a live look at your product.
Same product, other countries
World non-metal permanent magnets trade: top importers and exporters
More trade data for the United Kingdom
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