Overview This page contains the latest trade data of Magnesium. In 2020, Magnesium were the world's 765th most traded product, with a total trade of $1.6B. Between 2019 and 2020 the exports of Magnesium decreased by -16.3%, from $1.91B to $1.6B. Trade in Magnesium represent 0.0095% of total world trade.
Magnesium are a part of Metals; n.e.s., cermets and articles thereof. They include Magnesium unwrought > 99.8% pure, Magnesium unwrought nes, Magnesium raspings/turnings/etc, size graded, powder, Magnesium, articles thereof nes, and Magnesium waste or scrap.
Exports In 2020 the top exporters of Magnesium were China ($896M), Austria ($84.5M), United States ($81.3M), Germany ($62.5M), and Israel ($54.8M).
Imports In 2020 the top importers of Magnesium were United States ($250M), Canada ($139M), Germany ($123M), Netherlands ($103M), and Japan ($80.3M).
Ranking Magnesium ranks 190th in the Product Complexity Index (PCI).
Description Magnesium is a metal that is used in the production of many different products. It's often used as an alloy with other metals, such as aluminum and iron. Magnesium waste and scrap are materials that contain magnesium, but aren't useful for their original purpose.