Which Country Exports the Most Unwrought Zinc in the World?

Basic Precious Metals May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

In 2016, the global exports of zinc stood at 5.3M tonnes, standing approx. at the previous year level. The total export volume increased at an average annual rate of +1.1% over the period from 2007 to 2016; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The pace of growth was the most pronounced in 2011, when export increased by 7% y-o-y. In that year, global zinc exports attained its maximum volume of 5.4M tonnes. From 2012 to 2016, growth of global zinc exports failed to regain its strength.

In value terms, zinc exports totaled $11B in 2016. In general, zinc exports continue to indicate a slight descent. Over the period under review, global zinc exports attained its maximum level of $13B in 2007; however, from 2008 to 2016, it stood at a somewhat lower level.

Top Zinc Exporting Countries in the World

1. South Korea (1,267.9 million USD)

2. Canada (1,152.2 million USD)

3. Belgium (802.5 million USD)

4. Australia (783.3 million USD)

5. Spain (705.1 million USD)

6. Netherlands (601.7 million USD)

7. Kazakhstan (551.6 million USD)

8. Finland (535.6 million USD)

9. Peru (513.2 million USD)

10. India (410.5 million USD)

11. Mexico (355.2 million USD)

12. Burkina Faso (89.4 million USD)

Zinc Exports By Country

South Korea (573K tonnes), Canada (537K tonnes), Australia (399K tonnes), Belgium (366K tonnes), Spain (306K tonnes), Kazakhstan (288K tonnes), the Netherlands (276K tonnes), Peru (270K tonnes), Finland (261K tonnes), India (176K tonnes), Mexico (169K tonnes), and Burkina Faso (169K tonnes) represented roughly 72% of total exports of zinc in 2016.

From 2007 to 2016, the most notable growth rate of zinc exports, among the main exporting countries, was attained by Burkina Faso (+95.5% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest zinc markets worldwide were South Korea ($1.3B), Canada ($1.2B) and Belgium ($803M), together accounting for 29% of global exports. These countries were followed by Australia, Spain, the Netherlands, Kazakhstan, Finland, Peru, India, Mexico and Burkina Faso, which together accounted for a further 41%.

Burkina Faso (+82.7% per year) had the highest growth rate of zinc exports, in terms of the main exporting countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.

Zinc Export Prices By Country

The average zinc export price stood at $2,081 per tonne in 2016, standing approx. at the previous year level. In general, zinc export price continues to indicate a temperate reduction. The pace of growth appeared the most rapid in 2010, when it surged by 32% from the previous year level. Over the period under review, average zinc export price attained its maximum level of $2,710 per tonne in 2007; however, from 2008 to 2016, it failed to regain its strength.

Export prices varied noticeably by country of destination. the country with the highest export prices was India ($2,334 per tonne), while Burkina Faso ($528 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of zinc export prices was attained by Mexico (+0.4% per year), while the other global leaders experienced mixed trends in the export price figures.

Do you want to know more about global zinc market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • zinc market share
  • zinc prices
  • zinc industry
  • zinc sales
  • zinc import
  • zinc export
  • zinc market forecast
  • zinc price forecast
  • key zinc producers

All data provided in this article covers the following product: HS Code 7901 - Zinc; unwrought.

Source: World: Zinc, Unwrought (Not Alloyed) - Market Report. Analysis and Forecast to 2025