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Who buys the United States’ steel? Export destinations 2024

In 2024, the United States exported $12 billion of steel (7.2 million tonnes), 3.4% of the world total. Mexico bought 50% of the total, followed by Canada (33%) and China (2%). The United States was the world’s 8th-largest exporter of steel.

Summary

Value
$12billion
Tonnes
7.2million tonnes
Share of world total
3.4%
World rank
8th
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
Mexico6Tonnes: 3,919,034USD per tonne: $1,53250.2%Land
Canada3.9Tonnes: 2,807,151USD per tonne: $1,40232.9%Land
China0.28Tonnes: 44,529USD per tonne: $6,2492.3%Sea
Italy0.16Tonnes: 9,880USD per tonne: $15,8631.3%Air
Brazil0.14Tonnes: 37,206USD per tonne: $3,7561.2%Sea
Costa Rica0.12Tonnes: 3,005USD per tonne: $38,4650.97%Air
Germany0.08Tonnes: 17,865USD per tonne: $4,7330.71%Sea
United Kingdom0.08Tonnes: 9,305USD per tonne: $9,0420.71%Sea
South Korea0.08Tonnes: 10,071USD per tonne: $8,3600.7%Sea
Japan0.06Tonnes: 6,493USD per tonne: $9,3030.51%Sea
France0.06Tonnes: 4,958USD per tonne: $11,9430.5%Sea
Dominican Republic0.05Tonnes: 61,275USD per tonne: $8730.45%Sea
India0.05Tonnes: 15,785USD per tonne: $3,3520.44%Sea
Poland0.05Tonnes: 4,180USD per tonne: $11,4700.4%Sea
Turkey0.05Tonnes: 9,480USD per tonne: $5,0100.4%Sea
Sweden0.04Tonnes: 33,881USD per tonne: $1,3260.38%Sea
Romania0.04Tonnes: 667USD per tonne: $57,1940.32%Air
Ireland0.04Tonnes: 1,025USD per tonne: $36,4630.31%Air
Singapore re-exports0.03Tonnes: 3,369USD per tonne: $10,1410.29%Sea
Greece0.03Tonnes: 750USD per tonne: $43,4050.27%Air

Trend

Who it sells to

Mexico has been its main destination since 2018

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

  • Mexico 6
  • Canada 3.9
  • China 0.28
  • Italy 0.16
  • Brazil 0.14

Source: CEPII BACI

Show the numbers
Partner19952024
Mexico0.746
Canada1.33.9
China0.120.28
Italy0.150.16
Brazil0.050.14

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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