US Iron and Steel Imports by Supplier Countries

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During 2017, the United States of America imported US$68 billion worth of iron and steel (including products made from those materials) from 158 global trade partners.

Drilling down from that overall dollar metric, America spent 57.6% ($39.1 billion) on products made from iron or steel compared to 42.4% ($28.8 billion) on iron or steel in the form of materials.

The total value of US imported iron and steel posted a 7.9% increase from 2013 to 2017. Year over year, the gain since 2016 was a more intense 20.4%.

Among countries, China supplied 19.3% of America’s imported iron and steel needs followed by Canada at 13.6% and Mexico at 9.3%. Iron and steel delivered to the US from the European Union were valued at $11.2 billion for a 16.5% share, ahead of Canada but well behind number one provider China.

The Harmonized Tariff System (HTS) code prefix is 72 for iron and steel as materials and 73 for products made from iron or steel.

Countries Exporting Iron and Steel to America

Top 15

America’s top 15 suppliers of iron and steel in 2017 generated 83.4% of US purchases originating from foreign markets, with almost half (53.7%) of the overall value sourced from China, Canada, Mexico, South Korea and Taiwan.

  1. China: US$13.1 billion (19.3% of overall US iron/steel imports)
  2. Canada: $9.2 billion (13.6%)
  3. Mexico: $6.3 billion (9.3%)
  4. South Korea: $4 billion (5.9%)
  5. Taiwan: $3.8 billion (5.7%)
  6. Brazil: $3.3 billion (4.8%)
  7. Japan: $3.1 billion (4.5%)
  8. Germany: $3 billion (4.4%)
  9. Russia: $2.85 billion (4.2%)
  10. India: $1.9 billion (3%)
  11. Italy: $1.6 billion (2.4%)
  12. Turkey: $1.4 billion (2.1%)
  13. United Kingdom: $1.1 billion (1.6%)
  14. South Africa: $1 billion (1.5%)
  15. Thailand: $982.3 million (1.4%)

Fastest-growing among these top suppliers were Thailand (up 117.9% from 2013), Turkey (up 55.5%), Russia (up 51.5%) and South Africa (up 33%).

Leading the decliners were Japan (down -24.5%), United Kingdom (down -14.5%), South Korea (down -9.1%) and Italy (down -8.3%).

Deficits

America also produces and sells its own iron and steel on international markets. In 2017, the United States shipped $34.5 billion worth of iron and steel to its trade partners. That dollar amount represents $16.1 billion in iron and steel as materials plus $18.4 billion worth of goods made from iron or steel. Still, America’s revenues from its overall iron and steel shipments are valued at just one-half (50.7%) of the $68 billion spent on imports for those same commodities.

The US trade deficit specific to iron and steel was -$33.5 billion in 2017. That amount of red ink reflects a 57.6% expansion from the -$21.2 billion deficit during 2013.

Below you will find the 15 countries that caused America’s highest negative subtotals from buying and selling iron and steel on global markets in 2017.

  1. China: -US$11.3 billion (product deficit up 23.1% since 2013)
  2. South Korea: -$3.4 billion (up 16.9%)
  3. Taiwan: -$3.24 billion (up 68.8%)
  4. Russia: -$2.8 billion (up 58%)
  5. Brazil: -$2.7 billion (up 5.6%)
  6. Japan: -$2.6 billion (down -27.1%)
  7. Germany: -$2.5 billion (up 0.2%)
  8. India: -$1.4 billion (up 11.5%)
  9. Italy: -$1.2 billion (down -15.8%)
  10. South Africa: -$988.6 million (up 39.9%)
  11. Thailand: -$740.1 million (up 127.7%)
  12. Sweden: -$675.9 million (down -4.8%)
  13. Vietnam: -$653 million (up 106.7%)
  14. Netherlands: -$618 million (up 44.6%)
  15. Spain: -$596 million (up 13.8%)

American leading trade deficits for iron and steel widened at the fastest pace from 2013 to 2017 with Thailand (up 127.7%), Vietnam (up 106.7%), Taiwan (up 68.8%), Russia (up 58%) and the Netherlands (up 44.6%).

In contrast, the United States posted surpluses in its overall iron and steel trade with both of its North American trade partners. America earned black ink in the amount of $3.4 billion with Mexico and $1.7 billion at Canada’s expense in 2017.

Materials

Focusing on iron and steel reported as materials under HTS code 72, America imported $28.8 billion worth of iron and steel in 2017. That dollar amount reflects a 7.9% increase from 2013 and a 27.2% uptick from 2016 to 2017.

More tellingly, America incurred a -$12.8 billion deficit from importing and exporting iron and steel materials in 2017. That product deficit swelled by 81.2% from -$7.1 billion in 2013 and was up by 30.4% since 2016.

Below are the top 15 suppliers of iron and steel materials to the US for 2017.

  1. Canada: US$5.3 billion (18.3% of US iron/steel imported as materials)
  2. Brazil: $3 billion (10.2%)
  3. Russia: $2.7 billion (9%)
  4. Mexico: $1.8 billion (6.2%)
  5. South Korea: $1.41 billion (4.9%)
  6. Japan: $1.35 billion (4.7%)
  7. Germany: $1.27 billion (4.4%)
  8. Turkey: $1.1 billion (3.9%)
  9. Taiwan: $1 billion (3.6%)
  10. South Africa: $954.1 million (3.3%)
  11. China: $683.6 million (2.4%)
  12. United Kingdom: $621.5 million (2.2%)
  13. Sweden: $606.3 million (2.1%)
  14. Netherlands: $605.4 million (2.1%)
  15. Italy: $572.6 million (2%)

Fastest-growing among these top materials suppliers were Turkey (up 101.3% from 2013), Russia (up 58.2%), South Africa (up 31.8%), Taiwan (up 30.7%) and Germany (up 17.8%). Number one supplier Canada increased its iron and steel materials sales to the US by 1.4% over the 5-year period.

Leading the decliners were China (down -58.6%), Japan (down -19.7%), South Korea (down -14.3%), Mexico (down -9.6%) and the United Kingdom (down -7.5%).

Goods

As for products reported under HTS code 73, America imported $39.1 billion worth of goods made from iron or steel in 2017. That dollar amount reflects a 7.9% improvement since 2013 and a 15.9% increase from 2016 to 2017.

On the trade balance front, America incurred a -$20.7 billion deficit from importing and exporting goods made from iron and steel during 2017. That product deficit swelled by 45.9% from -$14.2 billion in 2013 and rose by 27.3% year over year since 2016.

Below are America’s top 15 suppliers of products made from iron and steel for 2017.

  1. China: US$12.4 billion (31.7% of total US imported cars)
  2. Mexico: $4.5 billion (11.6%)
  3. Canada: $4 billion (10.1%)
  4. Taiwan: $2.8 billion (7.2%)
  5. South Korea: $2.6 billion (6.7%)
  6. Japan: $1.73 billion (4.4%)
  7. Germany: $1.71 billion (4.4%)
  8. India: $1.5 billion (3.7%)
  9. Italy: $1 billion (2.7%)
  10. Thailand: $807.8 million (2.1%)
  11. Spain: $485.9 million (1.2%)
  12. United Kingdom: $437.1 million (1.1%)
  13. Vietnam: $425.7 million (1.1%)
  14. France: $383.5 million (1%)
  15. Austria: $369.7 million (0.9%)

Six among these top suppliers grew their sales to the US of goods made from iron or steel: Thailand (up 87.5% from 2013), China (up 28.1%), Mexico (up 22.6%), Taiwan (up 14.9%), India (up 14.4%) and Canada (up 0.2%).

Leading the decliners were Japan (down -27.8%), the United Kingdom (down -22.8%), Austria (down -19.4%) and Vietnam (down -16.6%).



 

Searchable List of US Overall Iron and Steel Suppliers

The table below shows the dollar amount for iron and steel sold to the US in 2017 by country, including both materials and goods made from iron or steel. Also shown is the percentage value change for each supplier since 2013.

You can change presentation order by clicking the triangle icon at the top of the columns.

RankSupplierUS Imported Iron & Steel% Total
1.ChinaUS$13.1 billion19.3%
2.Canada$9.2 billion13.6%
3.Mexico$6.3 billion9.3%
4.South Korea$4 billion5.9%
5.Taiwan$3.8 billion5.7%
6.Brazil$3.3 billion4.8%
7.Japan$3.1 billion4.5%
8.Germany$2.98 billion4.4%
9.Russia$2.85 billion4.2%
10.India$1.9 billion2.8%
11.Italy$1.61 billion2.4%
12.Turkey$1.43 billion2.1%
13.United Kingdom$1.1 billion1.6%
14.South Africa$1 billion1.5%
15.Thailand$982.3 million1.4%
16.Vietnam$899.7 million1.3%
17.France$822 million1.2%
18.Netherlands$811 million1.2%
19.Spain$771.4 million1.1%
20.Sweden$733.6 million1.1%
21.Austria$652.1 million1%
22.Ukraine$637.1 million0.9%
23.Trinidad/Tobago$537 million0.8%
24.Australia$424.7 million0.6%
25.Malaysia$338.4 million0.5%
26.United Arab Emirates$319.5 million0.5%
27.Czech Republic$289 million0.4%
28.Argentina$265 million0.4%
29.Belgium$254 million0.4%
30.Kazakhstan$221.2 million0.3%
31.Finland$218.7 million0.3%
32.Luxembourg$203.9 million0.3%
33.Switzerland$201.8 million0.3%
34.Indonesia$198.1 million0.3%
35.Norway$185.2 million0.3%
36.Portugal$169.2 million0.2%
37.Poland$139 million0.2%
38.Romania$137.2 million0.2%
39.Egypt$120.3 million0.2%
40.Saudi Arabia$111.6 million0.2%
41.Colombia$97.9 million0.1%
42.Oman$97.4 million0.1%
43.Georgia$95.7 million0.1%
44.Guatemala$93.3 million0.1%
45.Israel$90 million0.1%
46.Philippines$88.6 million0.1%
47.Slovenia$85.1 million0.1%
48.Dominican Republic$80.5 million0.1%
49.Denmark$69.1 million0.1%
50.New Caledonia$64 million0.1%
51.Slovakia$63.3 million0.1%
52.Chile$54 million0.1%
53.Greece$53 million0.1%
54.Costa Rica$44.3 million0.1%
55.Hong Kong$41.4 million0.1%
56.New Zealand$41.4 million0.1%
57.Bahrain$40.6 million0.1%
58.Belarus$38.6 million0.1%
59.Singapore$32.1 million0.05%
60.Serbia$27.5 million0.04%
61.Pakistan$26.2 million0.04%
62.Peru$25.1 million0.04%
63.Venezuela$23.8 million0.04%
64.Iceland$22.7 million0.03%
65.Ireland$17.8 million0.03%
66.Morocco$16.5 million0.02%
67.Hungary$15.8 million0.02%
68.Cambodia$14.6 million0.02%
69.Albania$13.7 million0.02%
70.Tunisia$13.6 million0.02%
71.Sri Lanka$13 million0.02%
72.Latvia$8.9 million0.01%
73.Lithuania$8.7 million0.01%
74.Macedonia$8.4 million0.01%
75.Laos$6.7 million0.01%
76.Honduras$6.7 million0.01%
77.Bulgaria$6.2 million0.01%
78.Croatia$4.3 million0.01%
79.Estonia$3.4 million0.01%
80.Bosnia/Herzegovina$3 million0.004%
81.Ecuador$2.3 million0.003%
82.El Salvador$1.8 million0.003%
83.Bahamas$1.3 million0.002%
84.Jordan$810,0000.001%
85.Lebanon$627,0000.001%
86.Namibia$619,0000.001%
87.Panama$610,0000.001%
88.Haiti$599,0000.001%
89.Samoa$396,0000.001%
90.Myanmar$381,0000.001%
91.Curaçao$356,0000.001%
92.Jamaica$353,0000.001%
93.Cameroon$346,0000.001%
94.Kuwait$316,0000.0005%
95.Antigua/Barbuda$296,0000.0004%
96.Cyprus$284,0000.0004%
97.British Virgin Islands$267,0000.0004%
98.Bermuda$243,0000.0004%
99.Norfolk Island$228,0000.0003%
100.Kenya$226,0000.0003%
101.Madagascar$218,0000.0003%
102.Uruguay$178,0000.0003%
103.Macao, China$170,0000.0003%
104.Swaziland$142,0000.0002%
105.Nauru$139,0000.0002%
106.Bolivia$129,0000.0002%
107.Belize$123,0000.0002%
108.Nepal$123,0000.0002%
109.Andorra$108,0000.0002%
110.Bangladesh$106,0000.0002%
111.Sierra Leone$82,0000.0001%
112.Democr. Rep. Congo$76,0000.0001%
113.Guyana$76,0000.0001%
114.Iraq$75,0000.0001%
115.Barbados$63,0000.0001%
116.Cook Islands$62,0000.0001%
117.Faroe Islands$60,0000.0001%
118.Djibouti$60,0000.0001%
119.Niger$59,0000.0001%
120.Brunei Darussalam$49,0000.0001%
121.Syria$49,0000.0001%
122.Anguilla$41,0000.0001%
123.Cabo Verde$39,0000.0001%
124.Guinea$37,0000.0001%
125.Greenland$33,0000.00005%
126.Moldova$29,0000.00004%
127.Central African Rep.$27,0000.00004%
128.Nigeria$22,0000.00003%
129.Fiji$20,0000.00003%
130.Montserrat$20,0000.00003%
131.Tajikistan$20,0000.00003%
132.Tokelau$19,0000.00003%
133.Papua New Guinea$19,0000.00003%
134.Suriname$19,0000.00003%
135.Eritrea$16,0000.00002%
136.Yemen$14,0000.00002%
137.Saint Kitts/Nevis$14,0000.00002%
138.Palestine$12,0000.00002%
139.Ghana$9,0000.00001%
140.Iran$8,0000.00001%
141.Kyrgyzstan$7,0000.00001%
142.Armenia$6,0000.00001%
143.Côte d'Ivoire$6,0000.00001%
144.Senegal$6,0000.00001%
145.Seychelles$6,0000.00001%
146.Ethiopia$5,0000.00001%
147.Montenegro$5,0000.00001%
148.Qatar$5,0000.00001%
149.Christmas Island$4,0000.00001%
150.Gibraltar$4,0000.00001%
151.Gambia$4,0000.00001%
152.Kiribati$4,0000.00001%
153.Cocos (Keeling) Is$3,0000.000004%
154.Angola$3,0000.000004%
155.Gabon$3,0000.000004%
156.Rwanda$3,0000.000004%
157.St Vincent/Grenadines$3,0000.000004%
158.Afghanistan$2,0000.000003%


See also US Uranium Imports by Supplying Country, US Aluminum Imports by Supplying Country and US Imported Cars by Supplier Countries

Research Sources:
Investopedia, Net Exports Definition. Accessed on July 19, 2018

Mohawk Global Logistics, HTS Codes Affected by New Steel and Aluminum Tariffs by Danielle Leonard. Accessed on July 19, 2018

Trade Map, International Trade Centre. Accessed on July 19, 2018

The World Factbook, Field Listing: Exports – Commodities, Central Intelligence Agency. Accessed on July 19, 2018