Magnesium alloys imports in the United States: data, top suppliers and prices
The United States imported $89.5 million of magnesium alloys in 2024 (18.7 thousand tonnes). It ranks 1st of 100 countries for imports of this product. Value fell 48% from 2023. Over 2017-2024 the trade grew strongly, by about 11% a year on average. The peak in this period was 2022, at $338.8 million.
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 | $89.5M | 18.7K t |
| 2023 | $171.2M | 29.0K t |
| 2022 | $338.8M | 36.0K t |
| 2021 | $85.6M | 19.5K t |
| 2020 | $82.9M | 21.3K t |
| 2019 | $57.2M | 13.9K t |
| 2018 | $45.3M | 10.3K t |
| 2017 | $43.6M | 10.4K t |
Where the United States imports magnesium alloys from
The largest suppliers were South Korea (42%), United Kingdom (18%), Hungary (8%). Among the main suppliers, Germany grew fastest (+162% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| South Korea | $37.7M | 42% |
| United Kingdom | $16.0M | 18% |
| Hungary | $7.2M | 8% |
| Czech Republic | $6.1M | 6.8% |
| Taiwan | $4.4M | 4.9% |
| Germany | $4.3M | 4.8% |
| Israel | $3.1M | 3.4% |
| Austria | $2.8M | 3.1% |
| China | $2.0M | 2.2% |
| Canada | $1.6M | 1.8% |
Average import price per kg
The average declared value was about $4.78 per kg, 39% above the world average of $3.45. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Magnesium alloys exports from the United States
In 2024, the United States exported magnesium alloys worth $9.3 million (1.2 thousand tonnes). It ranks 9th of 52 countries for exports of this product. The largest buyer markets were Singapore (44%), Canada (29%), Mexico (12%). Among the main buyer markets, Mexico grew fastest (+284% on the year before).
| Destination | Value | Share |
|---|---|---|
| Singapore | $4.1M | 44% |
| Canada | $2.7M | 30% |
| Mexico | $1.1M | 12% |
| United Kingdom | $523K | 5.6% |
| South Korea | $382K | 4.1% |
| China | $247K | 2.6% |
| Israel | $98K | 1.1% |
| Japan | $17K | 0.2% |
| Guyana | $16K | 0.2% |
| Thailand | $15K | 0.2% |
Who is behind these numbers in the United States?
The shipment records behind United States magnesium alloys imports (HS 8104.19): companies, dates, quantities and declared values.
Shipment records are in the platform
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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 8104.19: Magnesium: unwrought, containing less than 99.8% by weight of magnesium.
Common questions
What is the value of magnesium alloys imported by the United States?
The United States imported magnesium alloys worth $89.5 million in 2024, the latest year with complete public data, about 18.7 thousand tonnes. That ranks it 1st of 100 countries worldwide, with 18% of world imports. The value was down 48% on 2023.
Which countries supply magnesium alloys to the United States?
South Korea was the largest supplier with 42% of the value ($37.7 million), followed by the United Kingdom (18%) and Hungary (8%). The top three together account for 68%, out of 21 supplier countries in total. Germany grew fastest among the top ten, up 162% on the year.
What is the average import price of magnesium alloys per kg?
The average declared import value was about $4.78 per kg in 2024, 39% above the world average of $3.45 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of magnesium alloys to the United States changed since 2017?
Imports went from $43.6 million in 2017 to $89.5 million in 2024, an increase of 105%. The peak was 2022 at $338.8 million. Over 8 years the average was $114.3 million a year.
Does the United States also export magnesium alloys?
Yes. The United States exported $9.3 million worth of this product in 2024, mainly to Singapore, Canada and Mexico. On balance the United States is a net importer of this product, by about $80.1 million a year.
What is the HS code for magnesium alloys?
The HS code for magnesium alloys is subheading 8104.19. It sits in HS chapter 81 (metals; n.e.c., cermets and articles thereof). The full list of codes and descriptions is on the HS 8104 page.
How can I find the companies behind this trade?
Shipment-level records for the United States reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.
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