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Home / Metal News / [SMM Analysis] China's ternary cathode imports and exports in April were released, with imports up 37% WoW and exports up 13% WoW

[SMM Analysis] China's ternary cathode imports and exports in April were released, with imports up 37% WoW and exports up 13% WoW

iconMay 20, 2025 16:10
Source:SMM
In April 2025, China's imports of ternary cathode material (combined value of NCM + NCA) reached 6,158 mt, up 36.73% MoM and down 17.58% YoY.

Imports in April

In April 2025, China's imports of ternary cathode materials (combined value of NCM + NCA) reached 6,158 mt, up 36.73% MoM and down 17.58% YoY. Among them, NCM imports were 5,170 mt, up 28.48% MoM and down 16.21% YoY; NCA imports were 988 mt, up 105.94% MoM and down 24.07% YoY.

Exports in April

In April 2025, China's exports of ternary cathode materials (combined value of NCM + NCA) reached 9,356 mt, up 13% MoM and up 30% YoY. Among them, cumulative NCM exports were 9,058 mt, up 11.31% MoM and up 30.86% YoY. The recovery in overseas demand was mainly reflected in South Korea, Japan, and Poland. In April, exports to South Korea were 4,725 mt, up 104 mt MoM; exports to Japan were 1,016 mt, up 349 mt MoM; and exports to Poland were 1,539 mt, up 349 mt MoM. NCA exports were 298 mt, up 90.29% MoM and down 0.71% YoY.

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