Material Insights · Understanding the Material World

Battery cathode materials: Movement

Why most LFP never leaves China while ternary travels

What this tab covers How it moves between countries: share of output traded, physical form and transport, the largest exporters and importers, main routes, India's trade, and handling rules in transit.

Trade in 2024 UN Comtrade, HS 284190

World exports $9.03 bn 59 reporting exporters · about 262k t Largest exporter South Korea 68% of world exports Largest importer Poland 36.7% of world imports India imports $26.0 m
exports $2.56 m #13 importer · #21 exporter

Where it is exported from and imported to, 2024

Chart: World map of the largest trade flows

Exporter (size = share of world exports) Importer (share of world imports) Shipping chokepoint UN Comtrade 2024, HS 284190: shares of reported world exports and imports by value. Country-to-country route lines are not available for this commodity yet. Hover a circle for values.

HS 284190: largest exporters

CountryShareValue (US$)Tonnes
South Korea68%$6.15 bn–
Japan26.2%$2.37 bn89k
China1.5%$133.6 m41k
Poland1%$86.8 m4,051
Belgium0.7%$66.7 m20k
United States0.6%$52.3 m56k
Germany0.5%$47.2 m28k
Chile0.3%$28.3 m52.0

HS 284190: largest importers

CountryShareValue (US$)Tonnes
Poland36.7%$1.66 bn58k
South Korea25.7%$1.16 bn52k
Japan8.7%$393.4 m37k
Malaysia6%$269.7 m17k
China5.7%$258.9 m12k
Hungary5.3%$242.0 m8,904
Indonesia3.1%$140.6 m14k
United States1.7%$75.1 m7,617

HS 284290: largest exporters

CountryShareValue (US$)Tonnes
China81.9%$2.05 bn121k
Germany4.8%$120.2 m12k
Hong Kong4%$100.9 m1,711
South Korea2.6%$66.2 m24k
Japan1.6%$40.8 m13k
United States1.6%$39.9 m8,256
Canada0.5%$13.6 m2,223
United Kingdom0.5%$13.6 m1,249

HS 284290: largest importers

CountryShareValue (US$)Tonnes
China80.2%$2.20 bn85k
Indonesia4.9%$133.6 m8,308
Hong Kong3.3%$90.2 m1,661
India2.1%$58.3 m14k
United States1.3%$34.7 m13k
France0.8%$22.1 m9,384
United Kingdom0.6%$15.8 m4,669
South Korea0.5%$13.7 m2,463
UN Comtrade 2024, reported by each country (exports by exporters, imports by importers), all partners. Some countries (for example Russia and Iran) do not report, so their shares are missing. HS codes can be broader than the tile: check the code before reading a share as the whole market.

How it moves

MeasureFigure
Share tradedsmall for LFP, most of which is used in China; larger for ternary, which moves from Korea and China to cell plants in Europe, the US and Southeast Asia (indicative)
How it movesDry powder in sealed, moisture-proof bulk bags and drums by container; high-nickel grades are moisture-sensitive and need dry handling
Routes and chokepointsChina to Korea, Japan, Hungary, Poland and Southeast Asia; Korea to US and European cell plants. HS codes 284190 and 284290.
IndiaIndia imports cathode only for pilot and small cell lines; trade figures under HS 284190 and 284290. HS 284190: India imported $26 million (0.6% of world imports, rank 13) and exported $3 million (0.0% of world exports, rank 21); HS 284290: India imported $58 million (2.1% of world imports, rank 4) and exported $4 million (0.2% of world exports, rank 15) (UN Comtrade 2024).
Handling in transitLFP generally not dangerous goods; nickel- and cobalt-containing powders may ship as UN3077 environmentally hazardous solid, class 9 (indicative).