South Korea Iron Ore Import is set to reach $5,397,700,000 by 2026 from $5,369,200,000 2021, increased 5.8% per year. Since 2016, the demand increased 5.1% year on year attaining $109,260,000,000. The country came in number 3 in 2021, Japan overtook $5,369,200,000. Japan, South Korea and Germany respectively ranked numbers 2, 3 and 4 in this ranking.
How does South Korea rank in Import of Iron Ores and Concentrates?
| # | 71 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 81,484,000,000 | 2023 | +1.64% | +1.67% | View data |
| 2 | 2 Japan | 10,118,000,000 | 2023 | -0.46% | +1.69% | View data |
| 3 | 3 South Korea | 5,380,600,000 | 2023 | +0.1% | -0.082% | |
| 4 | 4 Germany | 3,494,500,000 | 2023 | -0.23% | -0.74% | View data |
| 5 | 5 France | 1,306,300,000 | 2023 | +0.29% | -0.5% | View data |