Exports: Iron oxides
Iron oxides, the No. 834 export by value totaled $4.03 million for the month of May, $20.02 million through May of 2020, and $68.66 million for all of 2019, the latest annual data available, according to U.S. Census Bureau data analyzed by WorldCity. Need more details? Read more
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Top Gateways
| Rank | Port | YTD |
|---|---|---|
| 1 | Port of Galveston, Texas | $3.05 M |
| 2 | Buffalo Peace Bridge, NY | $2.54 M |
| 3 | Port of New York | $2.16 M |
| 4 | Port Laredo | $1.93 M |
| 5 | Port of Long Beach | $1.07 M |
| 6 | Chicago O'Hare International Airport | $995,496 |
| 7 | Detroit Ambassador Bridge, Mich. | $886,376 |
| 8 | Port Huron Blue Water Bridge, Mich. | $860,214 |
| 9 | Port of Virginia | $633,052 |
| 10 | John F. Kennedy International Airport | $560,260 |
U.S. exports of Iron oxides decreased 39.93 percent through May to $20.02 million
U.S. exports of Iron oxides decreased 39.93 percent from $33.33 million to $20.02 million through the first five months of 2020 when compared to the same period the previous year, according to WorldCity analysis of the latest U.S. Census Bureau data.
The category ranked 834 through May among the roughly 1,265 export commodity groupings as classified by Census. It ranked No. 770 for the last full year with a total value of $68.66 million, a $1.62 million, 2.30 percent decreased from the 2018 total.
Through May of this year the leading sources were No. 1 Canada, No. 2 Belgium, No. 3 Guatemala, No. 4 Spain and No. 5 China. The leading gateways were No. 1 Port of Galveston, Texas, No. 2 Buffalo Peace Bridge, NY, No. 3 Port of New York, No. 4 Port Laredo and No. 5 Port of Long Beach.
In the last previous full year, the leading sources were No. 1 Canada, No. 2 Guatemala, No. 3 Belgium, No. 4 Mexico and No. 5 China. The leading gateways were No. 1 Port of Galveston, Texas, No. 2 Buffalo Peace Bridge, NY, No. 3 Port of New York, No. 4 Detroit Ambassador Bridge, Mich. and No. 5 Port of Virginia.
Looking at specific airports, seaports and border crossings, the top five through through the first five months of the year were:
Highlights for the top five ports:
- Port of Galveston, Texas fell 29.75 percent compared to last year to $3.05 million.
- Buffalo Peace Bridge, NY fell 20.13 percent compared to last year to $2.54 million.
- Port of New York fell 44.42 percent compared to last year to $2.16 million.
- Port Laredo fell 1.19 percent compared to last year to $1.93 million.
- Port of Long Beach rose 64.35 percent compared to last year to $1.07 million.
There are several hundred airports, seaports and border crossings that handle international trade; they are, in turn, part of the roughly four dozen U.S. Customs districts.
Highlights for the top five foreign markets:
- U.S. exports from No. 1 Canada increased $373,842, 2.28 percent, (83.71 percent market share).
- U.S. exports from No. 2 Belgium increased $664,892, 6.56 percent, (53.92 percent market share).
- U.S. exports from No. 3 Guatemala decreased $7.13 million, 44.94 percent, (43.66 percent market share).
- U.S. exports from No. 4 Spain increased $4.31 million, 156.57 percent, (35.3 percent market share).
- U.S. exports from No. 5 China increased $675,666, 12.78 percent, (29.78 percent market share).
All totaled, 71.85 percent of all these Iron oxides exports from the United States were shipped from the top five markets through May of this year. That is equal to $49.33 million of the $68.66 million total.
All totaled, 53.73 percent of all these Iron oxides exports to the United States were shipped to the top five Ports through May of this year. That is equal to $10.76 million of the $20.02 million total