🇺🇸 United States imports of magnesium products: 2024 trade data
Imports of magnesium products by the United States reached $380.3 million in 2024 (88.4 thousand tonnes). It ranks 1st of 169 countries for imports of this product. That is 36% less than in 2023. Over 2017-2024 the trade grew strongly, by about 12% a year on average. The peak in this period was 2022, at $857.5 million.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of magnesium products by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $380.3M | 88.4K t |
| 2023 | $595.6M | 139.2K t |
| 2022 | $857.5M | 113.3K t |
| 2021 | $229.7M | 59.0K t |
| 2020 | $250.6M | 67.2K t |
| 2019 | $231.0M | 68.9K t |
| 2018 | $182.2M | 49.9K t |
| 2017 | $167.3M | 47.1K t |
Where the United States imports magnesium products from
Most of the value came from Israel (24%), South Korea (11%), Turkey (11%). Trade is spread widely: the top three suppliers together make up only 46%. Among the main suppliers, Netherlands grew fastest (+851% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇮🇱 Israel | $91.1M | 24% |
| 🇰🇷 South Korea | $42.2M | 11% |
| 🇹🇷 Turkey | $40.5M | 11% |
| 🇨🇦 Canada | $38.4M | 10% |
| 🇲🇽 Mexico | $32.9M | 8.7% |
| 🇨🇳 China | $28.7M | 7.6% |
| 🇬🇧 United Kingdom | $21.8M | 5.7% |
| 🇨🇿 Czech Republic | $17.5M | 4.6% |
| 🇳🇱 Netherlands | $14.3M | 3.8% |
| 🇦🇹 Austria | $12.0M | 3.2% |
Types of magnesium products under HS 8104
| 8104.11 | Magnesium: unwrought, containing at least 99.8% by weight of magnesium | 36% |
| 8104.19 | Magnesium: unwrought, containing less than 99.8% by weight of magnesium | 24% |
| 8104.20 | Magnesium: waste and scrap | 21% |
| 8104.90 | Magnesium: articles n.e.c. in heading no. 8104 | 15% |
| 8104.30 | Magnesium: raspings, turnings and granules, graded according to size, powders | 3.4% |
Codes and full descriptions: HS heading 8104.
Average import price of magnesium products
The average declared value was about $4.30 per kg, 34% above the world average of $3.22. 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.
The United States also exports magnesium products
In 2024, the United States exported magnesium products worth $43.6 million (4.6 thousand tonnes). It ranks 10th of 90 countries for exports of this product. Most of it went to Singapore (19%), Canada (16%), Mexico (15%). Trade is spread widely: the top three buyer markets together make up only 49%. Among the main buyer markets, Australia grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| 🇸🇬 Singapore | $8.1M | 19% |
| 🇨🇦 Canada | $6.9M | 16% |
| 🇲🇽 Mexico | $6.6M | 15% |
| 🇬🇧 United Kingdom | $6.4M | 15% |
| 🇮🇱 Israel | $1.9M | 4.5% |
| 🇫🇷 France | $1.8M | 4.2% |
| 🇦🇺 Australia | $1.3M | 2.9% |
| 🇨🇳 China | $906K | 2.1% |
| 🇰🇷 South Korea | $903K | 2.1% |
| 🇵🇱 Poland | $778K | 1.8% |
Who is behind these numbers in the United States?
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.
Direct customs feed: shipment-level records from the official customs source.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
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: Magnesium; articles thereof, including waste and scrap.
Magnesium products trade in the United States: questions
What is the value of magnesium products imported by the United States?
The United States imported magnesium products worth $380.3 million in 2024 (88.4 thousand tonnes).
Where does the United States import magnesium products from?
The main supplier countries in 2024 were Israel (24%), South Korea (11%), Turkey (11%).
What is the average import price of magnesium products in the United States?
The average declared import value was about $4.30 per kg in 2024, against a world average of $3.22 per kg.
Does the United States export magnesium products?
Yes. The United States exported magnesium products worth $43.6 million in 2024, mainly to Singapore, Canada, Mexico.
What is the HS code for magnesium products?
Magnesium products falls under HS heading 8104 (Magnesium; articles thereof, including waste and scrap). The six-digit codes under it split the product by type.
How can I find the companies trading magnesium products with the United States?
These public statistics stop at country level. EximDataX has a direct customs feed for the United States with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Magnesium products trade in other countries
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