Current year-to-date ( YTD ) data is through January 2023.

Exports: Iron ores and concentrates

Total Exports Compared to the same month a year ago

42.08%

Compared to last month

-5.57%

Total All Exports Compared to the same month a year ago

12.31%

Compared to last month

-1.97%

RankAmong U.S. Exports

287

Rank 2022

338

U.S. exports of Iron ores and concentrates totaled $68.52 million in January, a change of 42.08 percent from the same month one year ago. The change from one month ago was -5.57 percent. Among more than 1,260 commodity classifications, Iron ores and concentrates ranked No. 287 in January. It had ranked No. 338 for the same month last year.

While Iron ores and concentrates ranked No. 287 in January by value, it ranked No. 16 by tonnage. The top three U.S. markets by value for Iron ores and concentrates exports in January were (1) Canada, (2) The Netherlands, and (3) China. Among the nation's more than 450 airports, seaports and border crossings, the top three by value were (1) Gasoline, other fuels, (2) Oil, and (3) LNG, other petroleum gases.

Top Markets

Rank Country YTD
1 Canada $39.8 million
2 The Netherlands $17.6 million
3 China $8.2 million
4 United Kingdom $1.7 million
5 Brazil $968,000
6 Mexico $230,998
7 Costa Rica $13,139
8 Ecuador $8,836
9 Colombia $3,307
10 Chile $0
EXPORT to Excel:
By value: YTD | Month | Annual   By tonnage: YTD | Month | Annual
Data loading…

EXPORT to Excel:
By value: YTD | Month | Annual   By tonnage: YTD | Month | Annual

U.S. exports of Iron ores and concentrates increased 42.08 percent through January to $68.52 million

U.S. exports of Iron ores and concentrates increased 42.08 percent from $48.23 million to $68.52 million through the first month of 2023 when compared to the same period the previous year, according to WorldCity analysis of the latest U.S. Census Bureau data.

The category ranked 287 through January among the roughly 1,265 export commodity groupings as classified by Census. It ranked No. 244 for the last full year with a total value of $1.14 billion, a $167.01 million, 12.78 percent decreased from the 2021 total.

Through January of this year the leading markets were No. 1 Canada, No. 2 The Netherlands, No. 3 China, No. 4 United Kingdom and No. 5 Brazil. The leading gateways were No. 1 Buffalo Peace Bridge, NY, No. 2 Port of New Orleans, No. 3 Sault Ste Marie International Bridge, Mich., No. 4 Port of Long Beach and No. 5 Port of Duluth, Minn..

In the last previous full year, the leading markets were No. 1 Canada, No. 2 China, No. 3 The Netherlands, No. 4 Mexico and No. 5 Spain. The leading gateways were No. 1 Buffalo Peace Bridge, NY, No. 2 Port of Long Beach, No. 3 Port of Duluth, Minn., No. 4 Sault Ste Marie International Bridge, Mich. and No. 5 Port of New Orleans.

Looking at specific airports, seaports and border crossings, the top five through the first month of the year were:

Highlights for the top five ports:

  • Buffalo Peace Bridge, NY rose 64.21 percent compared to last year to $20.38 million.
  • Port of New Orleans rose 1326.06 percent compared to last year to $19.32 million.
  • Sault Ste Marie International Bridge, Mich. fell 9.36 percent compared to last year to $11.15 million.
  • Port of Long Beach fell 5.81 percent compared to last year to $8.17 million.
  • Port of Duluth, Minn. rose 30.41 percent compared to last year to $6.8 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 to No. 1 Canada increased $9.87 million, 32.95 percent, (58.09 percent market share).
  • U.S. exports to No. 2 The Netherlands increased $10.47 million, 146.87 percent, (25.68 percent market share).
  • U.S. exports to No. 3 China decreased $503,749, 5.81 percent, (11.92 percent market share).
  • U.S. exports to No. 4 United Kingdom increased $1.72 million, 0 percent, (2.52 percent market share).
  • U.S. exports to No. 5 Brazil increased $968,000, 0 percent, (1.41 percent market share).

All totaled, 99.63 percent of all these Iron ores and concentrates exports from the United States were shipped to the top five markets through January of this year. That is equal to $68.27 million of the $68.52 million total.

All totaled, 96.05 percent of all these Iron ores and concentrates exports from the United States were shipped from the top five Ports through January of this year. That is equal to $65.82 million of the $68.52 million total