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Where does the United States get its pig iron? Import sources 2024

In 2024, the United States imported $2.1 billion of pig iron (4.7 million tonnes), 42.2% of the world total. Brazil sold 72% of the total, followed by Ukraine (18%) and South Africa (3%). The United States was the world’s largest importer of pig iron.

Summary

Value
$2.1billion
Tonnes
4.7million tonnes
Share of world total
42.2%
World rank
1st
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
Brazil1.5Tonnes: 3,304,644USD per tonne: $45972%Sea
Ukraine0.37Tonnes: 950,233USD per tonne: $39517.8%Sea
South Africa0.06Tonnes: 135,380USD per tonne: $4482.9%Sea
India0.05Tonnes: 114,139USD per tonne: $4732.6%Sea
Canada0.05Tonnes: 99,328USD per tonne: $4892.3%Sea
Indonesia0.02Tonnes: 55,000USD per tonne: $3680.96%Sea
Argentina0.01Tonnes: 32,717USD per tonne: $4430.69%Sea
Angola0.01Tonnes: 24,679USD per tonne: $4970.58%Sea
Australia< 0.01Tonnes: 302USD per tonne: $6,0680.09%Sea
Denmark< 0.01Tonnes: 152USD per tonne: $7,6480.06%Sea
United Kingdom< 0.01Tonnes: 825USD per tonne: $3130.01%Sea
Italy< 0.01Tonnes: 27USD per tonne: $3,8800.01%Sea
Turkey< 0.01Tonnes: 14USD per tonne: $3,6860%Sea
Austria< 0.01Tonnes: 1USD per tonne: $33,0770%Sea
Ireland< 0.01Tonnes: 1USD per tonne: $21,9040%Sea
Netherlands re-exports< 0.01Tonnes: 0USD per tonne: $73,5630%Air
Sweden< 0.01Tonnes: 0USD per tonne: $9790%Sea
Iceland< 0.01Tonnes: 1USD per tonne: $9800%Sea
South Korea< 0.01Tonnes: 1USD per tonne: $5820%Sea
Spain< 0.01Tonnes: 0USD per tonne: $28,0910%Sea

Trend

Who it buys from

Brazil has been its main source since 2021

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

  • Brazil 1.5
  • Ukraine 0.37
  • South Africa 0.06
  • India 0.05
  • Canada 0.05

Source: CEPII BACI

Show the numbers
Partner19952024
Brazil0.271.5
Ukraine0.040.37
South Africa0.020.06
India< 0.010.05
Canada0.030.05

Sources and methodology

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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