Exports In 2022, China exported $2.46B in Magnesium, making it the 1st largest exporter of Magnesium in the world. At the same year, Magnesium was the 260th most exported product in China. The main destination of Magnesium exports from China are: Canada ($406M), India ($169M), Turkey ($153M), Japan ($150M), and South Korea ($128M).
The fastest growing export markets for Magnesium of China between 2021 and 2022 were Canada ($204M), Turkey ($109M), and India ($78.4M).
Imports In 2022, China imported $14.5M in Magnesium, becoming the 42nd largest importer of Magnesium in the world. At the same year, Magnesium was the 955th most imported product in China. China imports Magnesium primarily from: United States ($5.49M), Russia ($2.71M), China ($1.51M), Japan ($1.06M), and Germany ($939k).
The fastest growing import markets in Magnesium for China between 2021 and 2022 were United States ($3.71M), Russia ($2.71M), and Malaysia ($376k).
COMPANIES In 2023, leading companies such as Tmall (1) were at the forefront of shipping Magnesium from China to the United States.