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Bismuth

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A dense, low-melting, non-toxic metal used in pharmaceuticals, pigments, fusible alloys and as a lead replacement in brass, steels and solders. It is a by-product of lead, tungsten and zinc processing, and China refines about 88% of the world's supply.

Supply risk

Reviewed 3 Oct 2026 · Methodology

High

China places bismuth metal under export licensing

Supply concentration (critical) and export controls (high) decide the level: China refined 88% of world bismuth in 2025, and its exports of bismuth metal fell sharply after licensing began on 4 February 2025 and stayed low through the year. Bismuth oxide, which is not licensed, continues to be exported.

Since 4 Feb 2025 · Sources: Ministry of Commerce of the People's Republic of China, U.S. Geological Survey, Silverado Policy Accelerator

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Risk drivers

Supply concentrationCritical
China produced an estimated 14,000 t of 16,000 t of refined bismuth in 2025 (88%), followed by the Republic of Korea, Japan and Laos. Bismuth is mainly a by-product of lead, tungsten and zinc processing.Source: U.S. Geological Survey
Export controlsHigh
Since 4 Feb 2025 China has licensed exports of bismuth metal and products, bismuth germanate and two organic bismuth compounds. Unwrought bismuth exports fell 93% in Feb 2025 and other exporters have not filled the gap; USGS estimates US imports of bismuth metal from China fell 40% in 2025. Bismuth oxides, nitrates and carbonates are not covered.Sources: Shanghai Metals Market, Fastmarkets, Silverado Policy Accelerator, U.S. Geological Survey
Policy & tariffsModerate
USGS describes China's bismuth controls as a response to US tariffs on Chinese goods imposed in Feb 2025. On 14 Jan 2026 US Proclamation 11001 closed the Section 232 review of processed critical minerals without a tariff, leaving further measures possible.Sources: U.S. Geological Survey, Thompson Hine
Operational disruptionLow
No significant outages were identified in the 12 months to October 2026; global refinery output was flat from 2024 to 2025.
Demand shockLow
Demand from pharmaceuticals, pigments, alloys and lead-free brass is broadly stable; recent supply tightness reflects export controls rather than demand growth.
Status history2 entries
  1. Highcurrent

    China places bismuth metal under export licensing

    Supply concentration (critical) and export controls (high) decide the level: China refined 88% of world bismuth in 2025, and its exports of bismuth metal fell sharply after licensing began on 4 February 2025 and stayed low through the year. Bismuth oxide, which is not licensed, continues to be exported.

    Sources: Ministry of Commerce of the People's Republic of China, U.S. Geological Survey, Silverado Policy Accelerator

  2. Elevated

    Baseline

    China produced about 80% of world refined bismuth in 2022, so supply concentration (high) set the level. No export restrictions were in force, and USGS reported excess global stocks.

    Source: U.S. Geological Survey

A supply-availability rating, not a price forecast or investment view. Export-control information is factual and is not legal advice.

Trade flows

2025 · HS 8106

Bismuth and articles of bismuth

Recorded world imports: 3,577 t · $117M

Top exporters

  1. China35%1,250 t · $31M
  2. South Korea24%849 t · $29.2M
  3. United States7%252 t · $13.1M
  4. Japan6%200 t · $8.83M
  5. Netherlands5%192 t · $5.44M
  6. Germany5%186 t · $5.8M
  7. Kazakhstan5%182 t · $4.51M
  8. Belgium3%111 t · $2.94M
  9. Taiwan (Other Asia, nes)1%44.2 t · $2.28M
  10. Luxembourg<1%33 t · $965K

Top importers

  1. United States31%1,101 t · $31.6M
  2. Germany18%655 t · $17.5M
  3. Italy7%252 t · $8.42M
  4. Türkiye5%191 t · $4.59M
  5. United Kingdom4%139 t · $4.78M
  6. Japan4%137 t · $5.56M
  7. China3%111 t · $4.75M
  8. Canada3%110 t · $3.53M
  9. India3%108 t · $2.62M
  10. Austria3%105 t · $3.05M

Largest routes

  1. South Korea→United States570 t · $19M
  2. China→Germany385 t · $7.58M
  3. China→United States270 t · $3.77M
  4. Kazakhstan→Türkiye169 t · $4.01M
  5. Netherlands→Italy166 t · $4.48M

Source: UN Comtrade, imports reported by 85 countries for 2025. Exporters are ranked by what importing countries recorded (mirror data), so countries that do not report their own exports are still counted. Values are in US dollars including freight and insurance. Weights are product weight. Recent years can be incomplete, and unrecorded trade is not included.

Overview

Bismuth is a dense, silvery metal with a pink tinge. It is brittle, so it is usually alloyed with other metals. It has no known biological role and is non-toxic.1 It melts at a relatively low 271 °C. That low melting point, together with its low toxicity, makes bismuth useful in fusible and as a replacement for lead in plumbing brass, free-machining metals and solders.2

Bismuth is critical because is concentrated in one country. China accounted for 88% of world production in 2025, and it has required for bismuth since February 2025.23 Bismuth is on the US list, and the EU lists it as both a critical and a strategic raw material.45

Where it comes from

Bismuth minerals rarely occur in large enough amounts to be mined for themselves. Bismuth is most often a of processing lead . In China and Vietnam it is also a by-product or of tungsten and other metal ores, and in Japan and the Republic of Korea of zinc ores. The Tasna Mine in Bolivia, inactive since 1996, and one mine in China are the only mines where bismuth has been the main product.2 It is also recovered when copper, tin, silver and gold ores are refined.1

World refinery production was an estimated 16,000 t in 2025, of which China produced 14,000 t. The Republic of Korea, Japan and Laos were the next-largest producers.2

Refinery production by country2025 (est.) · world 16,280 t
  • China86%
  • Korea, Republic of6%
  • Japan3%
  • Laos3%
  • Other countries2%

World total shown is the sum of USGS country estimates; USGS rounds it to 16,000 t. Source: Mineral Commodity Summaries 2026: Bismuth

Reserve and resource data for bismuth are generally not reported at mine or country level, so world are hard to quantify. does not publish a reserves table for bismuth, and no reserves chart is shown here. Production-capacity figures were also unavailable.2

The United States stopped producing primary refined bismuth in 1997. Some lead ores mined in the United States contain bismuth. However, the last US primary lead closed at the end of 2013, and lead have been exported for smelting since then.2

What it is used for

Most US bismuth goes into chemicals for cosmetic, industrial, laboratory and pharmaceutical uses. Bismuth subsalicylate is the active ingredient in over-the-counter stomach remedies. Other compounds are used to treat burns, intestinal disorders and stomach ulcers. Bismuth nitrate, oxychloride and vanadate are used in ceramic glazes, crystalware and high-performance and pearlescent pigments.2

In metallurgy, bismuth is added to malleable cast iron to improve its integrity. It is a non-toxic replacement for lead in brass, free-machining aluminum alloys and steels, and solders. Its use in brass for pipe fittings, fixtures and water meters grew after 2014. That year the US Safe Drinking Water Act definition of "lead-free" was tightened, cutting the maximum lead content of pipes and fixtures to 0.25% from 8%.2

Fusible bismuth alloys are used to hold optical lenses during grinding, to plug abandoned oil wells, and to trigger fire sprinklers. Bismuth-tellurium-oxide paste is used to make devices.2 Bismuth alloys with tin or cadmium are also used in fire detectors, electrical fuses and solders.1 USGS does not publish an breakdown by share, so no end-use chart is shown.

Grades and forms

The main traded form is refined metal. US trade statistics split it into metal containing more than 99.99% bismuth and other metal, alloys and .2

Bismuth metal

> 99.99% Bi

Refined metal as ingots, blocks, beads, granules or powder, the main traded form and feed for alloys and chemicals.

Bismuth alloys and scrap

Low-melting fusible alloys and bismuth-bearing scrap, traded under a separate customs heading.

Bismuth subsalicylate

Pharmaceutical compound and the active ingredient in common over-the-counter stomach remedies.

Bismuth oxychloride and bismuth vanadate

Compounds used in pearlescent and high-performance pigments, ceramic glazes and cosmetics.

Bismuth germanate

Bismuth compound that is one of the items covered by China's 2025 bismuth export controls.

Trade and policy

The United States relied on imports for 92% of its bismuth consumption in 2025. In 2021–24, imports came mainly from China (56%), the Republic of Korea (22%) and Germany (13%).2

On 4 February 2025, and General Administration of Customs placed on items related to tungsten, tellurium, bismuth, molybdenum and indium (Announcement No. 10 of 2025), with immediate effect. The bismuth items covered are bismuth metal and products (including ingots, blocks, beads, granules and powders), bismuth germanate, triphenyl bismuth and tri-p-ethoxyphenyl bismuth. The related production technology and data are also covered. Exporters need a licence from the commerce ministry.3 USGS describes the controls as a response to the 10% US on Chinese goods imposed in February 2025. It estimates that US imports of bismuth metal from China fell by 40% in 2025, to about 460 t from 760 t in 2024.2

In the EU, bismuth is a under the . The Act sets 2030 benchmarks: 10% of EU consumption from EU extraction, 40% from EU processing and 25% from . No more than 65% of any strategic raw material should come from a single third country.65

This section is factual background, not legal or trade-compliance advice.

Recycling and substitution

Recycled bismuth-containing alloy scrap is estimated to have supplied up to 10% of US apparent consumption in 2021–25.2

Several uses have . In pharmaceuticals, bismuth compounds can be replaced by alumina, antibiotics, calcium and magnesia. Titanium-dioxide-coated mica flakes can replace them in some pigments. Cadmium, indium, lead and tin can partly replace bismuth in low-temperature solders. Free-machining alloys can use lead, selenium or tellurium instead. Glycerin-filled glass bulbs can replace bismuth alloys in sprinkler triggers.2

Sources

  1. Bismuth: element information, properties and uses. Royal Society of Chemistry, accessed 2026-10-03. ↩ ↩2 ↩3

  2. Mineral Commodity Summaries 2026: Bismuth. U.S. Geological Survey, accessed 2026-10-03. ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8 ↩9 ↩10 ↩11 ↩12 ↩13 ↩14

  3. Ministry of Commerce and General Administration of Customs: Export Controls Imposed on Tungsten, Tellurium, Bismuth, Molybdenum, and Indium-Related Items. Shanghai Metals Market, accessed 2026-10-03. ↩ ↩2

  4. Final 2025 List of Critical Minerals. Federal Register, accessed 2026-10-03. ↩

  5. EU critical raw materials. European Commission, Joint Research Centre (RMIS), accessed 2026-10-03. ↩ ↩2

  6. Regulation (EU) 2024/1252 (Critical Raw Materials Act). EUR-Lex, accessed 2026-10-03. ↩

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