China is by far the world's leading iron ore importing country. In 2022, China's iron ore imports amounted to a value of nearly 103 billion U.S. dollars, which accounted for over 65 percent of global iron ore imports that year based on value. The world's second largest importer of iron ore that year was Japan, worth a distant 11.3 billion U.S. dollars, and accounting for 7.12 percent of global imports.
The total global purchase value of iron ore imports in 2022 amounted to 159 billion U.S. dollars.
Leading iron ore importing countries worldwide in 2022
(in billion U.S. dollars)
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The Observatory of Economic Complexity. (November 27, 2024). Leading iron ore importing countries worldwide in 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/300323/top-importing-countries-of-iron-ore/
The Observatory of Economic Complexity. "Leading iron ore importing countries worldwide in 2022 (in billion U.S. dollars)." Chart. November 27, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/300323/top-importing-countries-of-iron-ore/
The Observatory of Economic Complexity. (2024). Leading iron ore importing countries worldwide in 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/300323/top-importing-countries-of-iron-ore/
The Observatory of Economic Complexity. "Leading Iron Ore Importing Countries Worldwide in 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 27 Nov 2024, https://www.statista.com/statistics/300323/top-importing-countries-of-iron-ore/
The Observatory of Economic Complexity, Leading iron ore importing countries worldwide in 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/300323/top-importing-countries-of-iron-ore/ (last visited December 23, 2024)
Leading iron ore importing countries worldwide in 2022 (in billion U.S. dollars) [Graph], The Observatory of Economic Complexity, November 27, 2024. [Online]. Available: https://www.statista.com/statistics/300323/top-importing-countries-of-iron-ore/