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Who buys Canada’s steel? Export destinations 2024

In 2024, Canada exported $6.4 billion of steel (5.7 million tonnes), 1.9% of the world total. The United States bought 93% of the total, followed by Mexico (6%) and Bangladesh (0.3%). Canada was the world’s 18th-largest exporter of steel.

Summary

Value
$6.4billion
Tonnes
5.7million tonnes
Share of world total
1.9%
World rank
18th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
United States6Tonnes: 5,270,307USD per tonne: $1,13292.8%Sea
Mexico0.36Tonnes: 307,098USD per tonne: $1,1705.6%Sea
Bangladesh0.02Tonnes: 33,332USD per tonne: $5240.27%Sea
Peru0.01Tonnes: 895USD per tonne: $10,2710.14%Sea
China0.01Tonnes: 4,384USD per tonne: $1,9480.13%Sea
South Korea0.01Tonnes: 3,264USD per tonne: $1,9050.1%Sea
India0.01Tonnes: 3,894USD per tonne: $1,5070.09%Sea
Pakistan< 0.01Tonnes: 4,885USD per tonne: $1,0220.08%Sea
South Africa< 0.01Tonnes: 1,209USD per tonne: $3,8760.07%Sea
Japan< 0.01Tonnes: 1,983USD per tonne: $2,0160.06%Sea
Australia< 0.01Tonnes: 848USD per tonne: $4,2940.06%Sea
Italy< 0.01Tonnes: 2,320USD per tonne: $1,4150.05%Sea
New Zealand< 0.01Tonnes: 1,948USD per tonne: $1,3750.04%Sea
Slovakia< 0.01Tonnes: 968USD per tonne: $2,6850.04%Sea
Brazil< 0.01Tonnes: 913USD per tonne: $2,5980.04%Sea
Cuba< 0.01Tonnes: 2,557USD per tonne: $7120.03%Sea
Chile< 0.01Tonnes: 309USD per tonne: $5,7460.03%Sea
Poland< 0.01Tonnes: 770USD per tonne: $1,9530.02%Sea
United Kingdom< 0.01Tonnes: 773USD per tonne: $1,7490.02%Sea
Belgium re-exports< 0.01Tonnes: 2,602USD per tonne: $4870.02%Sea

Trend

Who it sells to

The United States was its main destination throughout the period

Value in USD billions. The five largest destinations in 2024.

  • United States 6
  • Mexico 0.36
  • Bangladesh 0.02
  • Peru 0.01
  • China 0.01

Source: CEPII BACI

Show the numbers
Partner19952024
United States26
Mexico0.040.36
Bangladesh< 0.010.02
Peru< 0.010.01
China0.030.01

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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