Imports: Scrap of precious metal

U.S. imports of Scrap of precious metal increased 3.73 percent through August to $1.33 billion.

Top Sources

RankCountryYTD
1Canada$242.95 M
2Germany$197.08 M
3Mexico$173.5 M
4Sweden$114.84 M
5United Kingdom$113.53 M
6Honduras$81.87 M
7Qatar$58.77 M
8Japan$37.1 M
9Italy$32.81 M
10Chile$29.49 M

Top markets Scrap of precious metal

Total:

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Scrap of precious metal by port

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U.S. imports of Scrap of precious metal increased 3.73 percent through August to $1.33 billion

The category ranked 236 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 237 for the last full year with a total value of $1.96 billion, a $49.53 million, 2.46 percent decreased from the 2023 total.

Through August of this year the leading sources were No. 1 Canada, No. 2 Germany, No. 3 Mexico, No. 4 Sweden and No. 5 United Kingdom. The leading sources were No. 1 Port of Charleston, No. 2 Port of Houston, No. 3 Miami International Airport, No. 4 Buffalo Peace Bridge, NY and No. 5 UPS / Louisville.

In the last previous full year, the leading sources were No. 1 Canada, No. 2 Germany, No. 3 Mexico, No. 4 United Kingdom and No. 5 The Netherlands. The leading sources were No. 1 Port of Charleston, No. 2 Port of Houston, No. 3 UPS / Louisville, No. 4 Miami International Airport and No. 5 Minneapolis-St. Paul land-based cargo, MN.

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 Charleston rose 3.91 percent compared to last year to $276.32 million.
  • Port of Houston rose 13.03 percent compared to last year to $209.98 million.
  • Miami International Airport rose 47.94 percent compared to last year to $171.56 million.
  • Buffalo Peace Bridge, NY rose 66.43 percent compared to last year to $99.27 million.
  • UPS / Louisville rose 22.48 percent compared to last year to $63.74 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 Canada increased $6.56 million, 2.78 percent, (18.34 percent market share).
  • U.S. imports from No. 2 Germany increased $10.33 million, 5.53 percent, (14.87 percent market share).
  • U.S. imports from No. 3 Mexico increased $3.92 million, 2.31 percent, (13.09 percent market share).
  • U.S. imports from No. 4 Sweden increased $83.42 million, 265.46 percent, (8.67 percent market share).
  • U.S. imports from No. 5 United Kingdom decreased $33.41 million, 22.74 percent, (8.57 percent market share).

All totaled, 63.54 percent of all these Scrap of precious metal imports to the United States were shipped from the top five sources through August of this year. That is equal to $841.91 million of the $1.33 billion total.

All totaled, 61.95 percent of all these Scrap of precious metal imports to the United States were shipped to the top five Ports through August of this year. That is equal to $820.86 million of the $1.33 billion total.