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

Imports: Magnesite

Magnesite, the No. 655 import by value totaled $13.66 million for the month of May, $89.05 million through May of 2020, and $289.48 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
1China$37.99 M
2Brazil$19.65 M
3Israel$7.62 M
4Canada$6.9 M
5Australia$4.67 M
6Japan$4.31 M
7Mexico$2.51 M
8Turkey$1.28 M
9Hong Kong$995,500
10France$614,274

U.S. imports of Magnesite decreased 33.07 percent through May to $89.05 million

U.S. imports of Magnesite decreased 33.07 percent from $133.06 million to $89.05 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 655 through May among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 586 for the last full year with a total value of $289.48 million, a $53.51 million, 15.60 percent decreased from the 2018 total.

Through May of this year the leading sources were No. 1 China, No. 2 Brazil, No. 3 Israel, No. 4 Canada and No. 5 Australia. The leading gateways were No. 1 Port of Southern Louisiana, Gramercy, St. James Parish, No. 2 Port of Baltimore, Md., No. 3 Port of New Orleans, No. 4 Port of Newark and No. 5 Portal-North Portal Border Crossing, N.D..

In the last previous full year, the leading sources were No. 1 China, No. 2 Brazil, No. 3 Canada, No. 4 Israel and No. 5 Japan. The leading gateways were No. 1 Port of Southern Louisiana, Gramercy, St. James Parish, No. 2 Port of New Orleans, No. 3 Port of Baltimore, Md., No. 4 Port of Newark and No. 5 Port of Los Angeles.

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 39.64 percent compared to last year to $28.34 million.
  • Port of Baltimore, Md. fell 23.39 percent compared to last year to $21.09 million.
  • Port of New Orleans fell 54.45 percent compared to last year to $10.52 million.
  • Port of Newark fell 21.37 percent compared to last year to $7.68 million.
  • Portal-North Portal Border Crossing, N.D. rose 13.07 percent compared to last year to $2.81 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 China decreased $42 million, 52.51 percent, (42.66 percent market share).
  • U.S. imports from No. 2 Brazil increased $7.38 million, 60.17 percent, (22.07 percent market share).
  • U.S. imports from No. 3 Israel increased $1.57 million, 25.86 percent, (8.56 percent market share).
  • U.S. imports from No. 4 Canada decreased $858,610, 11.07 percent, (7.75 percent market share).
  • U.S. imports from No. 5 Australia increased $3.44 million, 278.53 percent, (5.24 percent market share).

All totaled, 86.28 percent of all these Magnesite imports to the United States were shipped from the top five markets through May of this year. That is equal to $76.83 million of the $89.05 million total.

All totaled, 79.1 percent of all these Magnesite imports to the United States were shipped to the top five Ports through May of this year. That is equal to $70.44 million of the $89.05 million total