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Where does the United States get its ferroalloys? Import sources 2024

In 2024, the United States imported $2.7 billion of ferroalloys (1.4 million tonnes), 6.1% of the world total. Its main sources were Brazil (14%), South Africa (12%) and Canada (10%). The United States was the world’s 2nd-largest importer of ferroalloys.

Summary

Value
$2.7billion
Tonnes
1.4million tonnes
Share of world total
6.1%
World rank
2nd
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
Brazil385Tonnes: 114,661USD per tonne: $3,36214.4%Sea
South Africa324Tonnes: 292,395USD per tonne: $1,10912.1%Sea
Canada255Tonnes: 45,493USD per tonne: $5,6149.5%Land
Malaysia219Tonnes: 193,694USD per tonne: $1,1318.2%Sea
Kazakhstan197Tonnes: 92,923USD per tonne: $2,1257.4%Sea
Chile175Tonnes: 5,468USD per tonne: $31,9966.5%Sea
Norway154Tonnes: 96,484USD per tonne: $1,5955.8%Sea
Australia136Tonnes: 117,957USD per tonne: $1,1495.1%Sea
Finland121Tonnes: 85,292USD per tonne: $1,4174.5%Sea
India117Tonnes: 80,058USD per tonne: $1,4604.4%Sea
Georgia96.3Tonnes: 73,965USD per tonne: $1,3023.6%Sea
South Korea61.9Tonnes: 2,848USD per tonne: $21,7232.3%Sea
Germany37.7Tonnes: 5,717USD per tonne: $6,6011.4%Sea
Iceland34.1Tonnes: 19,391USD per tonne: $1,7581.3%Sea
Mexico33.8Tonnes: 26,516USD per tonne: $1,2741.3%Land
Czechia31.8Tonnes: 1,493USD per tonne: $21,2821.2%Sea
Albania31.7Tonnes: 23,594USD per tonne: $1,3451.2%Sea
New Caledonia31.1Tonnes: 10,809USD per tonne: $2,8811.2%Sea
China29.8Tonnes: 14,477USD per tonne: $2,0591.1%Sea
Vietnam21.2Tonnes: 13,147USD per tonne: $1,6160.79%Sea

Trend

Who it buys from

Brazil has been its main source since 2023

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

  • Brazil 0.39
  • South Africa 0.32
  • Canada 0.26
  • Malaysia 0.22
  • Kazakhstan 0.2

Source: CEPII BACI

Show the numbers
Partner19952024
Brazil0.110.39
South Africa0.20.32
Canada0.030.26
Malaysia< 0.010.22
Kazakhstan0.050.2

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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