Iron & steel in   Australia

Exports In 2023, Australia exported $2.03B in Iron & steel, making it the 37th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 19th most exported product in Australia. The main destination of Iron & steel exports from Australia are: United States ($406M), Bangladesh ($262M), India ($186M), Indonesia ($161M), and Vietnam ($151M).

The fastest growing export markets for Iron & steel of Australia between 2022 and 2023 were India ($82.6M), Bangladesh ($74.4M), and Mexico ($24.7M).

Imports In 2023, Australia imported $1.6B in Iron & steel, becoming the 53rd largest importer of Iron & steel in the world. At the same year, Iron & steel was the 30th most imported product in Australia. Australia imports Iron & steel primarily from: China ($374M), Chinese Taipei ($215M), South Korea ($107M), New Zealand ($90.3M), and Indonesia ($70.8M).

The fastest growing import markets in Iron & steel for Australia between 2022 and 2023 were Singapore ($33.2M), Indonesia ($21M), and United Arab Emirates ($17.6M).

COMPANIES In 2023, leading companies such as Volvo (11), CNH Industrial (2), and Ford Motor Company (1) were at the forefront of shipping Iron & steel from Australia to the United States.