Exports In 2022, Australia exported $87.9B in Iron Ore, making it the 1st largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 2nd most exported product in Australia. The main destination of Iron Ore exports from Australia are: China ($72.5B), Japan ($6.49B), South Korea ($5.15B), Chinese Taipei ($1.78B), and Vietnam ($876M).
The fastest growing export markets for Iron Ore of Australia between 2021 and 2022 were United Kingdom ($29M), Germany ($16.3M), and Turkey ($14.8M).
Imports In 2022, Australia imported $144M in Iron Ore, becoming the 41st largest importer of Iron Ore in the world. At the same year, Iron Ore was the 286th most imported product in Australia. Australia imports Iron Ore primarily from: Mauritania ($134M), Chile ($4.65M), China ($4.33M), Turkey ($318k), and India ($256k).
The fastest growing import markets in Iron Ore for Australia between 2021 and 2022 were Chile ($4.65M), China ($4.31M), and India ($251k).