Since 2016, the demand grew 5.1% year on year reaching $109,260,000,000. Japan, South Korea and Germany respectively were numbers 2, 3 and 4 in this ranking.
Top countries in Import of Iron Ores and Concentrates by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 77,461,000,000 | 2021 | +7.12% | +6.32% | View data |
| 2 | 2 Japan | 10,263,000,000 | 2021 | +19.9% | +6.81% | View data |
| 3 | 3 South Korea | 5,363,300,000 | 2021 | +20.61% | +5.79% | View data |
| 4 | 4 Germany | 3,518,900,000 | 2021 | +20.2% | +6.21% | View data |
| 5 | 5 France | 1,294,700,000 | 2021 | +20.85% | +11.15% | View data |
| 6 | 6 Malaysia | 1,082,500,000 | 2021 | +26.31% | +8.46% | View data |
| 7 | 7 Egypt | 1,039,100,000 | 2021 | +26.44% | +36.69% | View data |
| 8 | 8 India | 982,260,000 | 2021 | +27.62% | +35.43% | View data |
| 9 | 9 Saudi Arabia | 902,190,000 | 2021 | +21.16% | +9.51% | View data |
| 10 | 10 Canada | 762,990,000 | 2021 | +6.88% | +10.52% | View data |