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Where does Germany get its iron ore? Import sources 2024

In 2024, Germany imported $3.1 billion of iron ore (23.9 million tonnes), 1.8% of the world total. Its main sources were Canada (36%), South Africa (20%) and Sweden (16%). Germany was the world’s 4th-largest importer of iron ore.

Summary

Value
$3.1billion
Tonnes
23.9million tonnes
Share of world total
1.8%
World rank
4th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Canada1.1Tonnes: 7,803,543USD per tonne: $14236%Sea
South Africa0.62Tonnes: 5,037,687USD per tonne: $12420.3%Sea
Sweden0.49Tonnes: 3,986,143USD per tonne: $12416.1%Sea
Brazil0.44Tonnes: 3,279,687USD per tonne: $13514.4%Sea
United States0.16Tonnes: 971,238USD per tonne: $1625.1%Sea
Ukraine0.06Tonnes: 633,715USD per tonne: $1032.1%Sea
Mauritania0.05Tonnes: 656,797USD per tonne: $841.8%Sea
Liberia0.05Tonnes: 676,307USD per tonne: $811.8%Sea
Norway0.04Tonnes: 447,272USD per tonne: $951.4%Sea
Netherlands re-exports0.02Tonnes: 223,170USD per tonne: $810.59%Sea
Mexico< 0.01Tonnes: 81,100USD per tonne: $600.16%Sea
France< 0.01Tonnes: 36,143USD per tonne: $1060.12%Sea
Belgium re-exports< 0.01Tonnes: 19,858USD per tonne: $1470.09%Sea
Finland< 0.01Tonnes: 12,387USD per tonne: $1090.04%Sea
Turkey< 0.01Tonnes: 1,271USD per tonne: $3920.02%Sea
Libya< 0.01Tonnes: 863USD per tonne: $4060.01%Sea
Spain< 0.01Tonnes: 536USD per tonne: $4990.01%Sea
Italy< 0.01Tonnes: 1,791USD per tonne: $580%Sea
Iran< 0.01Tonnes: 107USD per tonne: $5450%Sea
Switzerland< 0.01Tonnes: 98USD per tonne: $2160%Land

Trend

Who it buys from

Canada has been its main source since 2022

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

  • Canada 1.1
  • South Africa 0.62
  • Sweden 0.49
  • Brazil 0.44
  • United States 0.16

Source: CEPII BACI

Show the numbers
Partner19952024
Canada0.181.1
South Africa0.020.62
Sweden0.150.49
Brazil0.570.44
United States< 0.010.16

Sources and methodology

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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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