Current year-to-date ( YTD ) data is through May 2020.

Imports: Iron ores and concentrates

Iron ores and concentrates, the No. 425 import by value totaled $42.47 million for the month of May, $242.85 million through May of 2020, and $775.15 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 Sources

RankCountryYTD
1Brazil$101.32 M
2Canada$79.22 M
3Sweden$31.87 M
4Switzerland$10.12 M
5Russia$9.26 M
6Chile$7.75 M
7Mexico$3.16 M
8The Netherlands$119,025
9Norway$10,208
10Mauritania$9,614
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U.S. imports of Iron ores and concentrates decreased 24.31 percent through May to $242.85 million

U.S. imports of Iron ores and concentrates decreased 24.31 percent from $320.85 million to $242.85 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 425 through May among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 401 for the last full year with a total value of $775.15 million, a $185.45 million, 31.45 percent increase from the 2018 total.

Through May of this year the leading sources were No. 1 Brazil, No. 2 Canada, No. 3 Sweden, No. 4 Switzerland and No. 5 Russia. The leading gateways were No. 1 Port of Southern Louisiana, Gramercy, St. James Parish, No. 2 Port of Corpus Christi, Texas, No. 3 Port of Mobile, Ala., No. 4 Port of Houston and No. 5 Chicago O’Hare International Airport.

In the last previous full year, the leading sources were No. 1 Brazil, No. 2 Canada, No. 3 Sweden, No. 4 Russia and No. 5 Chile. The leading gateways were No. 1 Port of Southern Louisiana, Gramercy, St. James Parish, No. 2 Port of Corpus Christi, Texas, No. 3 Port of New Orleans, No. 4 Port of Mobile, Ala. and No. 5 Port of Long Beach.

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 Southern Louisiana, Gramercy, St. James Parish fell 29 percent compared to last year to $119.11 million.
  • Port of Corpus Christi, Texas fell 12.95 percent compared to last year to $111.18 million.
  • Port of Mobile, Ala. rose 14.66 percent compared to last year to $3.42 million.
  • Port of Houston rose 13711 percent compared to last year to $3.08 million.
  • Chicago O’Hare International Airport fell 77.64 percent compared to last year to $1.88 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. imports from No. 1 Brazil decreased $63.91 million, 38.68 percent, (41.72 percent market share).
  • U.S. imports from No. 2 Canada decreased $3.71 million, 4.48 percent, (32.62 percent market share).
  • U.S. imports from No. 3 Sweden decreased $64,002, 0.2 percent, (13.13 percent market share).
  • U.S. imports from No. 4 Switzerland increased $10.12 million, 0 percent, (4.17 percent market share).
  • U.S. imports from No. 5 Russia decreased $17.5 million, 65.4 percent, (3.81 percent market share).

All totaled, 95.45 percent of all these Iron ores and concentrates imports to the United States were shipped from the top five markets through May of this year. That is equal to $231.8 million of the $242.85 million total.

All totaled, 98.28 percent of all these Iron ores and concentrates imports to the United States were shipped to the top five Ports through May of this year. That is equal to $238.66 million of the $242.85 million total