Exports: Iron and steel bars, cold formed
U.S. exports of Iron and steel bars, cold formed decreased 19.84 percent through August to $74.42 million.
Top Markets
| Rank | Country | YTD |
|---|---|---|
| 1 | Canada | $36.41 M |
| 2 | Mexico | $32.37 M |
| 3 | Brazil | $623,307 |
| 4 | Germany | $605,385 |
| 5 | Singapore | $413,839 |
| 6 | China | $323,495 |
| 7 | South Korea | $284,388 |
| 8 | Cayman Islands | $272,381 |
| 9 | Italy | $265,136 |
| 10 | New Zealand | $263,520 |
Top Gateways
| Rank | Port | YTD |
|---|---|---|
| 1 | Port Laredo | $21.24 M |
| 2 | Port Huron Blue Water Bridge, MI | $11.16 M |
| 3 | Detroit Ambassador Bridge, MI | $9.15 M |
| 4 | Low-Value border crossing cargo | $7.4 M |
| 5 | Pembina Border Crossing, ND | $5.54 M |
| 6 | Otay Mesa Freeway Border Crossing, CA | $3.15 M |
| 7 | Eagle Pass | $2.32 M |
| 8 | El Paso Bridge of the Americas, TX | $1.86 M |
| 9 | Port Everglades | $1.17 M |
| 10 | Nogales Border Crossing, AZ | $1.08 M |
Top markets Iron and steel bars, cold formed
Total:
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Iron and steel bars, cold formed by port
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U.S. exports of Iron and steel bars, cold formed decreased 19.84 percent through August to $74.42 million
The category ranked 731 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 707 for the last full year with a total value of $131.32 million, a $15.04 million, 10.28 percent decreased from the 2023 total.
Through August of this year the leading markets were No. 1 Canada, No. 2 Mexico, No. 3 Brazil, No. 4 Germany and No. 5 Singapore. The leading markets were No. 1 Port Laredo, No. 2 Port Huron Blue Water Bridge, MI, No. 3 Detroit Ambassador Bridge, MI, No. 4 Low-Value border crossing cargo and No. 5 Pembina Border Crossing, ND.
In the last previous full year, the leading markets were No. 1 Canada, No. 2 Mexico, No. 3 Germany, No. 4 Italy and No. 5 New Zealand. The leading markets were No. 1 Port Laredo, No. 2 Port Huron Blue Water Bridge, MI, No. 3 Detroit Ambassador Bridge, MI, No. 4 Pembina Border Crossing, ND and No. 5 Low-Value border crossing cargo.
Looking at specific airports, seaports and border crossings, the top five through the first eight months of the year were:
Highlights for the top five ports:
- Port Laredo rose 1.56 percent compared to last year to $21.24 million.
- Port Huron Blue Water Bridge, MI fell 30.52 percent compared to last year to $11.16 million.
- Detroit Ambassador Bridge, MI fell 31.22 percent compared to last year to $9.15 million.
- Low-Value border crossing cargo rose 52.46 percent compared to last year to $7.4 million.
- Pembina Border Crossing, ND fell 40.28 percent compared to last year to $5.54 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. export to No. 1 Canada decreased $13.15 million, 26.53 percent, (48.93 percent market share).
- U.S. export to No. 2 Mexico decreased $4.96 million, 13.29 percent, (43.5 percent market share).
- U.S. export to No. 3 Brazil increased $174,970, 39.03 percent, (0.84 percent market share).
- U.S. export to No. 4 Germany decreased $66,075, 9.84 percent, (0.81 percent market share).
- U.S. export to No. 5 Singapore increased $297,409, 255.44 percent, (0.56 percent market share).
All totaled, 94.64 percent of all these Iron and steel bars, cold formed exports from the United States were shipped to the top five markets through August of this year. That is equal to $70.43 million of the $74.42 million total.
All totaled, 73.22 percent of all these Iron and steel bars, cold formed exports from the United States were shipped from the top five Ports through August of this year. That is equal to $54.49 million of the $74.42 million total.