How much battery material does China Import & Export?

China imported almost 12 million short tons of raw and processed battery minerals, accounting for 44% of interregional trade, and exported almost 11 million short tons of battery materials, packs, and components, or 58% of interregional trade in 2023, according to regional UN Comtrade data.

How are batteries made?

These minerals are mined or extracted from natural and synthetic sources, processed for battery material manufacturing, and then used to produce batteries and battery components, with robust trade at each stage.

Will China's battery ban reshape global supply chains?

Any disruption to the battery supply chains may have consequences for the worldwide sustainability outlook (Credit: ABT) China's proposed export ban on battery technology has the potential to reshape global supply chains and impact the renewable energy transition

What is China's role in the global battery supply chain?

Note: Excludes trade within regions. China has a major role at each stage of the global battery supply chain and dominates interregional trade of minerals.

Which country exports the most battery materials in 2023?

China accounted for 53% of the world’s battery material export trade in 2023. Battery materials are then used to produce battery components like electrodes, electrolytes, and separators. For example, a lithium-ion battery cell usually includes a graphite anode, lithium-based cathode, and a dissolved lithium salt electrolyte.

Which country exports the most battery cells in the world?

China accounted for 74% of the world’s battery pack and component exports in 2023. That same year, China controlled nearly 85% of the world’s battery cell production capacity by monetary value. Note: Excludes trade within regions.