Imports: Magnesite
U.S. imports of Magnesite increased 15.14 percent through August to $166.96 million.
Top Sources
| Rank | Country | YTD |
|---|---|---|
| 1 | China | $92.41 M |
| 2 | Canada | $17.65 M |
| 3 | Brazil | $14.87 M |
| 4 | Israel | $11.41 M |
| 5 | Mexico | $9.71 M |
| 6 | Japan | $7.09 M |
| 7 | Turkey | $3.13 M |
| 8 | Spain | $2.19 M |
| 9 | Italy | $2.13 M |
| 10 | Austria | $1.39 M |
Top Gateways
| Rank | Port | YTD |
|---|---|---|
| 1 | Port of Southern Louisiana | $81.81 M |
| 2 | Port of Baltimore, MD | $16.91 M |
| 3 | Port of Newark | $11.37 M |
| 4 | Port of Los Angeles | $10.07 M |
| 5 | Portal-North Portal Border Crossing, ND | $7.65 M |
| 6 | Eagle Pass | $6.21 M |
| 7 | Port of Virginia | $3.69 M |
| 8 | Port Laredo | $3.51 M |
| 9 | Port of New Orleans | $3.31 M |
| 10 | Port of Savannah, GA | $2.65 M |
Top markets Magnesite
Total:
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Magnesite by port
Total:
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U.S. imports of Magnesite increased 15.14 percent through August to $166.96 million
The category ranked 690 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 723 for the last full year with a total value of $213.6 million, a $14.22 million, 6.24 percent decreased from the 2023 total.
Through August of this year the leading sources were No. 1 China, No. 2 Canada, No. 3 Brazil, No. 4 Israel and No. 5 Mexico. The leading sources were No. 1 Port of Southern Louisiana, No. 2 Port of Baltimore, MD, No. 3 Port of Newark, No. 4 Port of Los Angeles and No. 5 Portal-North Portal Border Crossing, ND.
In the last previous full year, the leading sources were No. 1 China, No. 2 Israel, No. 3 Canada, No. 4 Brazil and No. 5 Japan. The leading sources were No. 1 Port of Southern Louisiana, No. 2 Port of Newark, No. 3 Port of Baltimore, MD, No. 4 Port of Los Angeles and No. 5 Portal-North Portal Border Crossing, ND.
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 Southern Louisiana rose 37.46 percent compared to last year to $81.81 million.
- Port of Baltimore, MD rose 0.51 percent compared to last year to $16.91 million.
- Port of Newark fell 40.34 percent compared to last year to $11.37 million.
- Port of Los Angeles fell 20.91 percent compared to last year to $10.07 million.
- Portal-North Portal Border Crossing, ND rose 8.59 percent compared to last year to $7.65 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 China increased $27.97 million, 43.4 percent, (55.35 percent market share).
- U.S. imports from No. 2 Canada increased $1.14 million, 6.89 percent, (10.57 percent market share).
- U.S. imports from No. 3 Brazil decreased $1.64 million, 9.91 percent, (8.91 percent market share).
- U.S. imports from No. 4 Israel decreased $5.91 million, 34.12 percent, (6.84 percent market share).
- U.S. imports from No. 5 Mexico increased $3.5 million, 56.39 percent, (5.82 percent market share).
All totaled, 87.48 percent of all these Magnesite imports to the United States were shipped from the top five sources through August of this year. That is equal to $146.06 million of the $166.96 million total.
All totaled, 76.55 percent of all these Magnesite imports to the United States were shipped to the top five Ports through August of this year. That is equal to $127.81 million of the $166.96 million total.