Imports: Ferroalloys
U.S. imports of Ferroalloys decreased 12.70 percent through August to $1.59 billion.
Top Sources
| Rank | Country | YTD |
|---|---|---|
| 1 | Brazil | $266.2 M |
| 2 | South Africa | $203.72 M |
| 3 | Canada | $159.01 M |
| 4 | India | $141.5 M |
| 5 | Malaysia | $107.32 M |
| 6 | Norway | $103.99 M |
| 7 | Kazakhstan | $83.51 M |
| 8 | South Korea | $61.27 M |
| 9 | Finland | $60.63 M |
| 10 | Chile | $60.37 M |
Top Gateways
| Rank | Port | YTD |
|---|---|---|
| 1 | Port of New Orleans | $618.41 M |
| 2 | Port of Baltimore, MD | $366.81 M |
| 3 | Port of Mobile, AL | $142.19 M |
| 4 | Alexandria Bay land-based cargo, NY | $93.16 M |
| 5 | Port of Houston | $69.84 M |
| 6 | Port Huron Blue Water Bridge, MI | $47.57 M |
| 7 | Port of Virginia | $33.8 M |
| 8 | Port of Chicago | $25.02 M |
| 9 | Port of Savannah, GA | $24.76 M |
| 10 | Port of Newark | $21.84 M |
Top markets Ferroalloys
Total:
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Ferroalloys by port
Total:
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U.S. imports of Ferroalloys decreased 12.70 percent through August to $1.59 billion
The category ranked 201 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 191 for the last full year with a total value of $2.63 billion, a $284.23 million, 9.74 percent decreased from the 2023 total.
Through August of this year the leading sources were No. 1 Brazil, No. 2 South Africa, No. 3 Canada, No. 4 India and No. 5 Malaysia. The leading sources were No. 1 Port of New Orleans, No. 2 Port of Baltimore, MD, No. 3 Port of Mobile, AL, No. 4 Alexandria Bay land-based cargo, NY and No. 5 Port of Houston.
In the last previous full year, the leading sources were No. 1 Brazil, No. 2 South Africa, No. 3 Canada, No. 4 Malaysia and No. 5 Kazakhstan. The leading sources were No. 1 Port of New Orleans, No. 2 Port of Baltimore, MD, No. 3 Port of Mobile, AL, No. 4 Port of Newark and No. 5 Alexandria Bay land-based cargo, NY.
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 of New Orleans fell 13.25 percent compared to last year to $618.41 million.
- Port of Baltimore, MD rose 90.39 percent compared to last year to $366.81 million.
- Port of Mobile, AL fell 5.25 percent compared to last year to $142.19 million.
- Alexandria Bay land-based cargo, NY fell 8.04 percent compared to last year to $93.16 million.
- Port of Houston rose 24.69 percent compared to last year to $69.84 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 sources:
- U.S. imports from No. 1 Brazil increased $4.07 million, 1.55 percent, (16.79 percent market share).
- U.S. imports from No. 2 South Africa decreased $32.18 million, 13.64 percent, (12.85 percent market share).
- U.S. imports from No. 3 Canada decreased $14.75 million, 8.49 percent, (10.03 percent market share).
- U.S. imports from No. 4 India increased $91.76 million, 184.48 percent, (8.93 percent market share).
- U.S. imports from No. 5 Malaysia decreased $40.26 million, 27.28 percent, (6.77 percent market share).
All totaled, 55.38 percent of all these Ferroalloys imports to the United States were shipped from the top five sources through August of this year. That is equal to $877.75 million of the $1.59 billion total.
All totaled, 81.41 percent of all these Ferroalloys imports to the United States were shipped to the top five Ports through August of this year. That is equal to $1.29 billion of the $1.59 billion total.