Magnesium
Magnesium is a malleable metallic element used in metallurgical and chemical processes.
Technologies and components that use Magnesium
Share of total world Magnesium, 2022
The United States Geological Survey (USGS) publishes annual summary reports that provide estimates of reserve and production statistics for individual minerals and materials in specific countries. Reserves refer to the economically extractable or producible portion of the reserve base at the time of assessment. Production signifies the amount of a mineral or material that has been extracted or manufactured within a certain period.
Traded commodities related to Magnesium
The United Nations Comtrade database provides detailed trade statistics by product and trading partner. Imported and exported products are classified under the Harmonized Commodity Description and Coding System (HS system), used uniformly by most customs authorities around the world. Based on the latest update of the HS system and data available in UN Comtrade, you can find below the relevant commodities related to this material, including their HS codes and full descriptions.
We have classified these material-related commodities into four groups: Raw (unprocessed mineral ore in natural form), Processed (processed or purified mineral ore), Product (manufactured product or component from processed mineral), and Waste/Recycling (including recycled materials or waste products).