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Classification 512815 for Standard International Trade Classification (SITC).

2018
World Trade $73.9BRnk 39 / 764
2018
Top Exporter | Top Importer $46.9B | $53.5BAustralia | China
2017 - 2018
Export Growth (CAGR) -12.6%Rnk 730 / 764

About

Overview This page contains the latest trade data of Iron Ore. In 2018, Iron Ore were the world's 39th most traded product, with a total trade of $73.9B. Between 2017 and 2018 the exports of Iron Ore decreased by -12.6%, from $84.5B to $73.9B. Trade in Iron Ore represent 0.39% of total world trade.

Iron Ore are a part of Iron ore and concentrates.

Exports In 2018 the top exporters of Iron Ore  were Australia ($46.9B), Brazil ($16.7B), Canada ($2.62B), South Africa ($1.56B), and Ukraine ($1.26B).

Imports In 2018 the top importers of Iron Ore were China ($53.5B), Japan ($5.67B), South Korea ($3.63B), Rest of the world ($1.32B), and Netherlands ($1.22B).

Historical Data

Exporters and Importers

Top Origin (2018)Australia$46.9B
Top Destination (2018)China$53.5B

In 2018 Iron Ore were the world's 39th most traded product (out of 764).

In 2018, the top exporters of Iron Ore were Australia ($46.9B), Brazil ($16.7B), Canada ($2.62B), South Africa ($1.56B), and Ukraine ($1.26B).

In 2018, the top importers of Iron Ore were China ($53.5B), Japan ($5.67B), South Korea ($3.63B), Rest of the world ($1.32B), and Netherlands ($1.22B).

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Exporters of Iron Ore (2018)
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Importers of Iron Ore (2018)
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Market Dynamics

Color
Top Origin Growth (2017 -  2018)Canada$626M
Top Destination Growth (2017 -  2018)Rest of the world$1.32B

Between 2017 and 2018, the exports of Iron Ore grew the fastest in Canada ($626M), China ($595M), Malaysia ($371M), Spain ($55.6M), and Mongolia ($47.9M).

Between 2017 and 2018, the fastest growing importers of Iron Ore were Rest of the world ($1.32B), Bahrain ($576M), Vietnam ($397M), Netherlands ($357M), and India ($323M).

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Exporters of Iron Ore (2017 - 2018)

Importers of Iron Ore (2017 - 2018)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron Ore.

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Value of Exports in Iron Ore

Net Trade

TOP NET EXPORTER (2018)Australia$46.9B
TOP NET IMPORTER (2018)China$52.8B

This map shows which countries export or import more of Iron Ore. Each country is colored based on the difference in exports and imports of Iron Ore during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Iron Ore were Australia ($46.9B), Brazil ($16.7B), Canada ($2.58B), South Africa ($1.56B), and Ukraine ($1.16B).

In 2018, the countries that had a largest trade value in imports than in exports of Iron Ore were China ($52.8B), Japan ($5.67B), South Korea ($3.63B), Netherlands ($1.2B), and France ($649M).

Net Trade (2018)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Iron Ore.
It is possible to select the main countries that export or import Iron Ore in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Iron Ore by percentage of total exports

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