Non-metal permanent magnets imports in the United States: data, top suppliers and prices
In 2024, the United States imported non-metal permanent magnets worth $128.1 million (15.9 thousand tonnes). That makes it the 2nd largest importer of this product worldwide, out of 203 countries. 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 | $128.1M | 15.9K t |
| 2023 | $124.5M | 16.8K t |
| 2022 | $118.6M | 16.3K t |
| 2021 | $96.7M | 8.0K t |
| 2020 | $71.8M | 5.6K t |
| 2019 | $92.6M | 8.9K t |
| 2018 | $86.6M | 13.1K t |
| 2017 | $119.6M | 11.7K t |
Where the United States imports non-metal permanent magnets from
Most of the value came from China (43%), Mexico (21%), Vietnam (8%). Among the main suppliers, Taiwan grew fastest (+212% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| China | $54.5M | 43% |
| Mexico | $26.5M | 21% |
| Vietnam | $10.0M | 7.8% |
| Taiwan | $6.9M | 5.4% |
| Germany | $5.3M | 4.2% |
| Japan | $4.7M | 3.7% |
| Canada | $4.2M | 3.3% |
| Thailand | $3.6M | 2.8% |
| India | $3.0M | 2.3% |
| South Korea | $3.0M | 2.3% |
Average import price per kg
The average declared value was about $8.06 per kg, 43% above the world average of $5.64. 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.
Non-metal permanent magnets exports from the United States
The United States exported $67.7 million of non-metal permanent magnets in 2024 (3.2 thousand tonnes). That makes it the 5th largest exporter of this product worldwide, out of 150 countries. Mexico alone took 51% of it. Among the main buyer markets, Mexico grew fastest (+100% on the year before).
| Destination | Value | Share |
|---|---|---|
| Mexico | $34.4M | 51% |
| Canada | $14.5M | 21% |
| Germany | $1.7M | 2.6% |
| China | $1.4M | 2.1% |
| South Korea | $1.2M | 1.8% |
| Japan | $1.2M | 1.8% |
| Italy | $1.1M | 1.6% |
| Malaysia | $999K | 1.5% |
| Australia | $983K | 1.5% |
| Costa Rica | $855K | 1.3% |
Who is behind these numbers in the United States?
The shipment records behind United States non-metal permanent magnets imports (HS 8505.19): 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 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 States?
The United States imported non-metal permanent magnets worth $128.1 million in 2024, the latest year with complete public data, about 15.9 thousand tonnes. That ranks it 2nd of 203 countries worldwide, with 8% of world imports. The value was up 3% on 2023.
Which countries supply non-metal permanent magnets to the United States?
China was the largest supplier with 43% of the value ($54.5 million), followed by Mexico (21%) and Vietnam (8%). The top three together account for 71%, out of 72 supplier countries in total. Taiwan grew fastest among the top ten, up 212% on the year.
What is the average import price of non-metal permanent magnets per kg?
The average declared import value was about $8.06 per kg in 2024, 43% above 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 States changed since 2017?
Imports went from $119.6 million in 2017 to $128.1 million in 2024, an increase of 7%. 2024 was the highest year in the period. Over 8 years the average was $104.8 million a year.
Does the United States also export non-metal permanent magnets?
Yes. The United States exported $67.7 million worth of this product in 2024, mainly to Mexico, Canada and Germany. On balance the United States is a net importer of this product, by about $60.4 million a 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?
The totals here are public statistics; the company-level detail sits in EximDataX, which has a direct customs feed for the United States. Tell us your product to see it live.
Same product, other countries
World non-metal permanent magnets trade: top importers and exporters
More trade data for the United States
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