Which Country Exports the Most Zinc Ores and Concentrates in the World?

Uranium And Thorium Ores May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

In 2016, the amount of zinc ore exported worldwide stood at 9.3M tonnes, dropping by -13.3% against the previous year level. Overall, zinc ore exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when it surged by 8% y-o-y. In that year, global zinc ore exports attained its maximum volume of 11M tonnes. From 2011 to 2016, growth of global zinc ore exports failed to regain its strength.

In value terms, zinc ore exports amounted to $7.1B in 2016. Overall, zinc ore exports continue to indicate a moderate shrinkage. Global zinc ore export peaked of $8.9B in 2007; however, from 2008 to 2016, it failed to regain its strength.

Top Zinc Ore Exporting Countries in the World

1. Peru (1,194.7 million USD)

2. Bolivia (982.7 million USD)

3. USA (977.0 million USD)

4. Australia (897.8 million USD)

5. Mexico (639.0 million USD)

6. Belgium (459.6 million USD)

7. Sweden (362.0 million USD)

8. Turkey (188.5 million USD)

9. Kazakhstan (176.0 million USD)

10. Spain (165.0 million USD)

11. Portugal (81.7 million USD)

12. Russia (38.0 million USD)

Zinc Ore Exports By Country

In 2016, Peru (1.8M tonnes), and Australia (1.7M tonnes) represented the key exporters of zinc ore in the globe, together finishing at approx. 38% of total exports. It was distantly followed by Mexico (784K tonnes), Belgium (719K tonnes), Bolivia (716K tonnes), the U.S. (599K tonnes), Sweden (485K tonnes), and Turkey (423K tonnes), together generating 40% share of total zinc ore exports. The following exporters - Kazakhstan (338K tonnes), Russia (267K tonnes), Spain (236K tonnes), and Portugal (157K tonnes) together made up 11% of total exports.

From 2007 to 2016, the most notable growth rate of zinc ore exports, among the main exporting countries, was attained by Russia (+24.1% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest zinc ore markets worldwide were Peru ($1.2B), Bolivia ($983M) and the U.S. ($977M), together comprising 44% of global exports.Australia, Mexico, Belgium, Sweden, Turkey, Kazakhstan, Spain, Portugal and Russia lagged somewhat behind, together accounting for a further 42%.

Mexico (+11.7% per year) experienced the highest rates of growth with regard to the zinc ore 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 Ore Export Prices By Country

In 2016, the average export price for zinc ore amounted to $768 per tonne, growing by 7% against the previous year. Overall, zinc ore export price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2010, when export price increased by 39% against the previous year level. Over the period under review, average zinc ore export price attained its maximum level of $891 per tonne in 2007; however, from 2008 to 2016, it stood at a somewhat lower level.

Export prices varied noticeably by country of destination. the country with the highest export prices was the U.S. ($1,632 per tonne), while Russia ($143 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of zinc ore export prices was attained by Bolivia (+3.9% per year), while the other global leaders experienced more modest paces of growth.

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

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

All data provided in this article covers the following product: HS Code 2608 - Zinc ores and concentrates.

Source: World: Zinc Ores And Concentrates - Market Report. Analysis and Forecast to 2025