Industrial ranking
Top 25 iron ore exporting countries 2024
Australia was the largest exporter of iron ore in 2024, with 60% of world exports. The 25 countries below shipped 99% of the world total of $145.69 billion.
Top 10 at a glance
The full list
| Rank | Country | Export value (USD million) | Share of world |
|---|---|---|---|
| 1 | Australia | 87,143.6 | 59.8% |
| 2 | Brazil | 30,205.2 | 20.7% |
| 3 | South Africa | 6,627.1 | 4.5% |
| 4 | Canada | 4,694.1 | 3.2% |
| 5 | India | 2,034 | 1.4% |
| 6 | Peru | 1,775.4 | 1.2% |
| 7 | Ukraine | 1,555 | 1.1% |
| 8 | Mauritania | 1,520.9 | 1.0% |
| 9 | Chile | 1,454.7 | 1.0% |
| 10 | Malaysia | 1,186 | 0.8% |
| 11 | Sierra Leone | 829 | 0.6% |
| 12 | Russia | 823.2 | 0.6% |
| 13 | Iran | 597.5 | 0.4% |
| 14 | China | 567.5 | 0.4% |
| 15 | Oman | 526.4 | 0.4% |
| 16 | Mongolia | 507.7 | 0.3% |
| 17 | Laos | 480 | 0.3% |
| 18 | Sweden | 468.1 | 0.3% |
| 19 | Kazakhstan | 349.8 | 0.2% |
| 20 | United States | 281.3 | 0.2% |
| 21 | New Zealand | 277.9 | 0.2% |
| 22 | Liberia | 269.5 | 0.2% |
| 23 | Venezuela | 227 | 0.2% |
| 24 | Philippines | 225.5 | 0.2% |
| 25 | Turkey | 193.1 | 0.1% |
How this list is built
Countries are ranked by the value of their exports of goods under product code HS 260111 in 2024, in US dollars. Values are reconciled between what exporters and importers report. Ties share a rank.
Every position is set by the data alone, by the same rules for every company. Spotted something to update? Write to info@stratummarketresearch.com with the list and the line, and we correct it within two working days.
Frequently asked questions
Who is number one in the iron ore exporters ranking?
Australia ranks first with 87,143.6 USD million (Calendar year 2024).
How is this ranking calculated?
Countries are ranked by the value of their exports of goods under product code HS 260111 in 2024, in US dollars. Values are reconciled between what exporters and importers report. Ties share a rank.
Can a company pay to rank higher?
Positions come only from the counts described above, and inclusion is free. Every company is ranked by the same rules.
How often is the ranking updated?
Every list is recomputed each quarter from the latest public records, and the update date is printed on the page.
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