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

In 2024, the United States imported $26.2 billion of steel (23.9 million tonnes), 7.5% of the world total. Its main sources were Canada (23%), Brazil (13%) and Mexico (11%). The United States was the world’s largest importer of steel.

Summary

Value
$26.2billion
Tonnes
23.9million tonnes
Share of world total
7.5%
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
Canada6Tonnes: 5,270,307USD per tonne: $1,13222.8%Sea
Brazil3.4Tonnes: 5,374,835USD per tonne: $63913.1%Sea
Mexico2.8Tonnes: 2,550,604USD per tonne: $1,08210.5%Sea
South Korea1.9Tonnes: 1,582,668USD per tonne: $1,1937.2%Sea
Germany1.4Tonnes: 765,742USD per tonne: $1,8065.3%Sea
Japan1.2Tonnes: 847,412USD per tonne: $1,3994.5%Sea
Taiwan1.1Tonnes: 737,386USD per tonne: $1,5164.3%Sea
Vietnam1.1Tonnes: 1,063,721USD per tonne: $9944%Sea
Netherlands re-exports0.79Tonnes: 580,358USD per tonne: $1,3583%Sea
Romania0.55Tonnes: 523,062USD per tonne: $1,0572.1%Sea
Italy0.55Tonnes: 179,941USD per tonne: $3,0392.1%Sea
China0.5Tonnes: 327,010USD per tonne: $1,5191.9%Sea
Sweden0.48Tonnes: 232,267USD per tonne: $2,0521.8%Sea
United Kingdom0.39Tonnes: 177,818USD per tonne: $2,2091.5%Sea
Belgium re-exports0.36Tonnes: 163,452USD per tonne: $2,2171.4%Sea
France0.35Tonnes: 151,310USD per tonne: $2,3111.3%Sea
India0.35Tonnes: 183,060USD per tonne: $1,8861.3%Sea
Indonesia0.33Tonnes: 413,584USD per tonne: $7961.3%Sea
Australia0.28Tonnes: 295,967USD per tonne: $9451.1%Sea
Austria0.27Tonnes: 100,961USD per tonne: $2,6381%Sea

Trend

Who it buys from

Canada was its main source throughout the period

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

  • Canada 6
  • Brazil 3.4
  • Mexico 2.8
  • South Korea 1.9
  • Germany 1.4

Source: CEPII BACI

Show the numbers
Partner19952024
Canada26
Brazil0.713.4
Mexico0.982.8
South Korea0.461.9
Germany0.951.4

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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