Imports: Semifinished products of Iron, nonalloy steel

U.S. imports of Semifinished products of Iron, nonalloy steel decreased 15.76 percent through August to $1.42 billion.

Top Sources

RankCountryYTD
1Brazil$1.04 B
2Mexico$206.32 M
3Canada$92 M
4Japan$42.38 M
5Australia$24.63 M
6South Korea$3.84 M
7Italy$3.11 M
8United Kingdom$2.99 M
9India$2.26 M
10China$720,244

Top markets Semifinished products of Iron, nonalloy steel

Total:

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Semifinished products of Iron, nonalloy steel by port

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U.S. imports of Semifinished products of Iron, nonalloy steel decreased 15.76 percent through August to $1.42 billion

The category ranked 221 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 216 for the last full year with a total value of $2.26 billion, a $226.33 million, 9.12 percent decreased from the 2023 total.

Through August of this year the leading sources were No. 1 Brazil, No. 2 Mexico, No. 3 Canada, No. 4 Japan and No. 5 Australia. The leading sources were No. 1 Port of Mobile, AL, No. 2 Port of Los Angeles, No. 3 Port of Philadelphia, No. 4 Eastport border crossing, ID and No. 5 Port of Houston.

In the last previous full year, the leading sources were No. 1 Brazil, No. 2 Canada, No. 3 Mexico, No. 4 Japan and No. 5 China. The leading sources were No. 1 Port of Mobile, AL, No. 2 Port of Los Angeles, No. 3 Port of Philadelphia, No. 4 Eastport border crossing, ID and No. 5 Port of Houston.

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 Mobile, AL fell 30.35 percent compared to last year to $485.61 million.
  • Port of Los Angeles fell 4.48 percent compared to last year to $385.62 million.
  • Port of Philadelphia rose 20.06 percent compared to last year to $355.29 million.
  • Eastport border crossing, ID fell 44.81 percent compared to last year to $79 million.
  • Port of Houston fell 10.39 percent compared to last year to $72.3 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 decreased $276.18 million, 20.97 percent, (73.3 percent market share).
  • U.S. imports from No. 2 Mexico increased $47.83 million, 30.18 percent, (14.53 percent market share).
  • U.S. imports from No. 3 Canada decreased $84.79 million, 47.96 percent, (6.48 percent market share).
  • U.S. imports from No. 4 Japan increased $17.15 million, 67.94 percent, (2.98 percent market share).
  • U.S. imports from No. 5 Australia increased $24.63 million, 0 percent, (1.73 percent market share).

All totaled, 99.02 percent of all these Semifinished products of Iron, nonalloy steel imports to the United States were shipped from the top five sources through August of this year. That is equal to $1.41 billion of the $1.42 billion total.

All totaled, 97.02 percent of all these Semifinished products of Iron, nonalloy steel imports to the United States were shipped to the top five Ports through August of this year. That is equal to $1.38 billion of the $1.42 billion total.