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WORLD · MINERALS · 2024

World mineral exports 2024: ten countries ship two thirds

Ten countries shipped 67.7% of the USD 173 billion of minerals exported in 2024 across 47 HS codes. Chile, Peru and Australia alone took 41%.

Published · Updated

67.7%

of world mineral exports come from ten countries, 2024

Chile overtook Peru

  • USD 173.3 bn across 47 HS codes
  • Copper lifted Chile to USD 30.8 bn
  • Australia fell from USD 22.3 to 13.5 bn

In 2024 the world exported USD 173.3 billion of minerals across the 47 HS codes we track, from salt and sulphur to metal ores and concentrates. Ten countries shipped 67.7% of that value, and three of them, Chile, Peru and Australia, shipped 41% on their own.

  • USD 173.3 bn

    mineral exports in 2024

  • 47

    HS codes tracked

  • 67.7%

    shipped by ten countries

  • 41%

    by Chile, Peru and Australia alone

The ten largest exporters

The ten largest exporters, 2024 · USD bn
  • Chile30.8
  • Peru26.2
  • Australia13.5
  • United States8.8
  • Indonesia8.3
  • South Africa7.5
  • Canada6.1
  • Mexico5.9
  • Brazil5.8
  • Kazakhstan4.5

What changed since 2023

The total barely moved (USD 176.4 billion in 2023), but the order at the top did: Chile overtook Peru as the first exporter, and Australia fell from USD 22.3 to 13.5 billion. Concentration rose: the top ten held 65.2% in 2023 and 67.7% in 2024.

Two codes, 2023 → 2024

USD 23.5 → 30.5 bn

Chile · copper ores and concentrates (HS 2603)

USD 12.7 → 3.2 bn

Australia · HS 2530.90 (mineral substances n.e.s.)

Two codes explain most of it. Chile's rise is copper ores and concentrates (HS 2603: USD 23.5 to 30.5 billion). Australia's fall is in HS 2530.90, other mineral substances n.e.s.: USD 12.7 to 3.2 billion in one year.

Read with care

These are trade flows, not production: a country that refines at home exports metal, not ore, and drops out of these codes. 2025 is provisional while countries keep reporting. Every country, code and year since 2012 is in the open World Mineral Exports dashboard.

Source: UN Comtrade, extracted 31-10-2026 · aggregated and converted by KEYSTONE. · The figures shown are KEYSTONE.'s processing, not official UN statistics.

How to cite

Free to quote with attribution and a link: KEYSTONE., «World mineral exports 2024: ten countries ship two thirds», 22 October 2026, https://keystone-observatory.com/en/insights/world-mineral-exports-2024

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