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Export value of selected key bilateral trade corridors for critical minerals in 2023 (in billion U.S. dollars)

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Sources

Release date

June 2025

Region

Worldwide

Survey time period

2023

Supplementary notes

The trade values were calculated by UNCTAD based on the UN Comtrade Database. The source defines critical minerals as minerals that support structural transformation, energy and digital transitions, or industrial upgrading. Minerals are considered critical based on their global importance and supply risks, and furthermore, by their importance for global trade and developing economies. UNCTAD mapped a list of 60 critical minerals that include 499 harmonized system (HS) codes, which can be found . The list was informed by different critical mineral lists from countries, regions, or institutions. 

Citation formats

Main bilateral trade corridors for critical minerals in 2023, by export value

Published by
Doris Dokua Sasu,
Dec 22, 2025

The bilateral trade value of critical minerals between Australia and China was about **** billion U.S. dollars in 2023. This was the largest trade corridor for critical minerals in 2023. The bilateral trade volume of critical minerals between Hong Kong and China was around **** billion U.S. dollars in the same year, and that between Canada and the United States was about **** billion U.S. dollars.

The UN Trade and Investment Conference (UNCTAD) designates 60 different minerals as critical, based on their role in structural transformations, supply risks, and their importance for developing economies.

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