Magnesium Statistics and Information | U.S. Geological ...

Magnesium (Mg) is the eighth most abundant element and constitutes about 2% of the Earth's crust, and it is the third most plentiful element dissolved in seawater.    Although magnesium is found in over 60 minerals, only dolomite, magnesite, brucite, carnallite, and olivine are of commercial importance.  Magnesium and other magnesium compounds are also produced from seawater, well and lake brines and bitterns. Magnesium metal's principal use is as an alloying addition to aluminum; these aluminum-magnesium alloys are used mainly for beverage cans.   Magnesium alloys also are used as structural components of automobiles and machinery.    Magnesium also is used to remove sulfur from iron and steel.

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Statistics and information about magnesium compounds are available separately.

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• International Magnesium Association

Overview This page contains the latest trade data of Magnesium. In , Magnesium were the world's 596th most traded product, with a total trade of $4.15B. Between and the exports of Magnesium grew by 73.3%, from $2.4B to $4.15B. Trade in Magnesium represent 0.018% of total world trade.

Magnesium are a part of Cermet articles. They include Magnesium unwrought > 99.8% pure, Magnesium unwrought nes, Magnesium raspings/turnings/etc, size graded, powder, Magnesium, articles thereof nes, and Magnesium waste or scrap.

Exports In the top exporters of Magnesium  were China ($2.46B), Israel ($231M), Turkey ($152M), Austria ($127M), and Netherlands ($127M).

Imports In the top importers of Magnesium were United States ($877M), Canada ($477M), Germany ($211M), India ($196M), and Japan ($167M).

Ranking Magnesium ranks 226th in the Product Complexity Index (PCI).

Description Magnesium is a metal that is used in the production of many different products. It's often used as an alloy with other metals, such as aluminum and iron. Magnesium waste and scrap are materials that contain magnesium, but aren't useful for their original purpose.

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