How much molybdenum does Mexico produce and export?
Mexico is the 5th largest producer of molybdenum: 17,000 tonnes in 2025, 6.5% of the world's 260,000 tonnes (USGS MCS). It is the 5th largest exporter by value: $738 million in 2024, 9% of world exports of molybdenum ore (HS 2613) (CEPII BACI). Its biggest customer is South Korea, which takes 42% of its molybdenum exports by value.
All about molybdenum · All about Mexico
Mexico's molybdenum production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 5 | 17,000 tonnes | 6.5% | — | 2025 |
USGS Mineral Commodity Summaries, MCS 2026.
Mexico's molybdenum exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 5 | $738 million | 9% | 28,437 t | $25,954 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 2613 (Molybdenum ores and concentrates).
Where Mexico's molybdenum goes
| Destination | Value | Share of Mexico's exports |
|---|---|---|
| South Korea | $310M | 42% |
| United States | $102M | 14% |
| Chile | $77M | 10% |
| China | $72M | 9.8% |
| Belgium | $70M | 9.5% |
Cite as: Commodity Origins, "Mexico molybdenum: production, exports and prices", https://commodityorigins.com/countries/MEX/molybdenum/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.