Iron Ore in   Australia

Exports In 2023, Australia exported $85.4B in Iron Ore, making it the 1st largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 1st most exported product in Australia. The main destination of Iron Ore exports from Australia are: China ($71.8B), South Korea ($4.94B), Japan ($4.74B), Chinese Taipei ($1.64B), and Indonesia ($896M).

The fastest growing export markets for Iron Ore of Australia between 2022 and 2023 were India ($189M), Malaysia ($91.3M), and Indonesia ($81.3M).

Imports In 2023, Australia imported $126M in Iron Ore, becoming the 40th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 289th most imported product in Australia. Australia imports Iron Ore primarily from: Mauritania ($124M), China ($1.72M), South Africa ($117k), Brazil ($39.7k), and United Kingdom ($18.5k).

The fastest growing import markets in Iron Ore for Australia between 2022 and 2023 were South Africa ($115k), Brazil ($38k), and Norway ($18k).