🇺🇸 United States imports of reduced iron and sponge iron: 2024 trade data
The United States imported $672.8 million of reduced iron and sponge iron in 2024 (1.53 million tonnes). That makes it the 2nd largest importer of this product worldwide, out of 147 countries. Value rose 12% on 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $877.2 million.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of reduced iron and sponge iron by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $672.8M | 1.53M t |
| 2023 | $600.7M | 1.32M t |
| 2022 | $877.2M | 1.48M t |
| 2021 | $873.3M | 1.76M t |
| 2020 | $458.0M | 1.38M t |
| 2019 | $623.2M | 1.75M t |
| 2018 | $635.8M | 1.64M t |
| 2017 | $605.4M | 1.79M t |
Where the United States imports reduced iron and sponge iron from
Trinidad and Tobago alone supplied 97% of it.
| Supplier country | Value | Share |
|---|---|---|
| 🇹🇹 Trinidad and Tobago | $649.9M | 97% |
| 🇦🇴 Angola | $8.9M | 1.3% |
| 🇯🇵 Japan | $5.8M | 0.9% |
| 🇨🇳 China | $3.8M | 0.6% |
| 🇸🇪 Sweden | $2.2M | 0.3% |
| 🇮🇳 India | $1.4M | 0.2% |
| 🇪🇸 Spain | $386K | 0.1% |
| 🇬🇧 United Kingdom | $82K | 0% |
| 🇿🇦 South Africa | $65K | 0% |
| 🇲🇾 Malaysia | $62K | 0% |
Types of reduced iron and sponge iron under HS 7203
| 7203.10 | Ferrous products: obtained by direct reduction of iron ore, in lumps, pellets or similar forms | 98% |
| 7203.90 | Ferrous products: spongy ferrous products and iron having a minimum purity by weight of 99.94%, in lumps, pellets or similar forms | 2.5% |
Codes and full descriptions: HS heading 7203.
Average import price of reduced iron and sponge iron
The average declared value was about $0.44 per kg, 47% above the world average of $0.30. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United States also exports reduced iron and sponge iron
The United States exported $596.1 million of reduced iron and sponge iron in 2024 (1.64 million tonnes). It ranks 4th of 96 countries for exports of this product. The largest buyer markets were Austria (37%), Mexico (31%), Turkey (15%). Among the main buyer markets, Slovenia grew fastest (+849% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇦🇹 Austria | $220.4M | 37% |
| 🇲🇽 Mexico | $184.0M | 31% |
| 🇹🇷 Turkey | $90.1M | 15% |
| 🇳🇱 Netherlands | $27.7M | 4.7% |
| 🇧🇷 Brazil | $19.1M | 3.2% |
| 🇸🇮 Slovenia | $12.4M | 2.1% |
| 🇨🇦 Canada | $12.2M | 2.1% |
| 🇸🇪 Sweden | $11.1M | 1.9% |
| 🇪🇸 Spain | $7.9M | 1.3% |
| 🇫🇷 France | $7.8M | 1.3% |
Who is behind these numbers in the United States?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Direct customs feed: shipment-level records from the official customs source.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7203: Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or the like; iron having a minimum purity of 99.94%, in lumps, pellets or similar forms.
Reduced iron and sponge iron trade in the United States: questions
What is the value of reduced iron and sponge iron imported by the United States?
The United States imported reduced iron and sponge iron worth $672.8 million in 2024 (1.53 million tonnes).
Where does the United States import reduced iron and sponge iron from?
The main supplier countries in 2024 were Trinidad and Tobago (97%), Angola (1%), Japan (1%).
What is the average import price of reduced iron and sponge iron in the United States?
The average declared import value was about $0.44 per kg in 2024, against a world average of $0.30 per kg.
Does the United States export reduced iron and sponge iron?
Yes. The United States exported reduced iron and sponge iron worth $596.1 million in 2024, mainly to Austria, Mexico, Turkey.
What is the HS code for reduced iron and sponge iron?
Reduced iron and sponge iron falls under HS heading 7203 (Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or the li). The six-digit codes under it split the product by type.
How can I find the companies trading reduced iron and sponge iron with the United States?
These public statistics stop at country level. EximDataX has a direct customs feed for the United States with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Reduced iron and sponge iron trade in other countries
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