# Whether Or Not In The Form Of Pellet trade prices and signals...

The featured reported corridor is USA to Mexico, with a unit value of $171.4 per metric ton.

## Latest corridor price evidence

| Year | Route | USD per ton | Market median | Difference | Quantity |
| --- | --- | --- | --- | --- | --- |
| 2023 | USA to Mexico | $312.65 | $17,153.85 | -98.2% | 2,167,109 t |
| 2023 | USA to Republic of Korea | $331.47 | $331.47 | 0% | 1,121,650.4 t |
| 2023 | USA to Viet Nam | $315.01 | $320.92 | -1.8% | 1,111,824.2 t |
| 2023 | USA to Indonesia | $344.28 | $375.82 | -8.4% | 794,221.7 t |
| 2023 | USA to Turkey | $338.17 | $336.46 | +0.5% | 581,887.3 t |
| 2023 | USA to Canada | $265.95 | $265.95 | 0% | 736,569.5 t |
| 2023 | USA to Japan | $348.11 | $335.2 | +3.9% | 412,091.3 t |
| 2023 | USA to Colombia | $335.28 | $2,440.76 | -86.3% | 352,005.3 t |
| 2023 | USA to Ireland | $338.91 | $342.16 | -0.9% | 294,162.8 t |
| 2023 | USA to Morocco | $343.2 | $364.89 | -5.9% | 261,336.7 t |
| 2023 | Brazil to Viet Nam | $320.92 | $320.92 | +0% | 269,856.7 t |
| 2023 | USA to Thailand | $378.95 | $378.95 | 0% | 217,407.8 t |
| 2023 | USA to Other Asia, nes | $323.55 | $497.53 | -35% | 242,788.4 t |
| 2023 | USA to United Kingdom | $321.96 | $345.88 | -6.9% | 228,033.7 t |
| 2023 | USA to Philippines | $357.88 | $364.78 | -1.9% | 182,277.7 t |
| 2023 | USA to Spain | $331.85 | $352.58 | -5.9% | 186,148.1 t |
| 2023 | USA to China | $365.74 | $824.83 | -55.7% | 155,488.6 t |
| 2023 | USA to Israel | $317.38 | $320.92 | -1.1% | 176,010.4 t |
| 2023 | Brazil to New Zealand | $320.92 | $320.92 | -0% | 145,529.9 t |
| 2023 | USA to Ecuador | $281.43 | $281.43 | 0% | 162,131 t |
| 2023 | Netherlands to France | $369.39 | $369.39 | 0% | 113,747.3 t |
| 2023 | USA to Bangladesh | $332.17 | $439.62 | -24.4% | 117,220 t |
| 2023 | USA to Costa Rica | $355.95 | $355.95 | 0% | 100,667.4 t |
| 2023 | Ireland to United Kingdom | $326.6 | $345.88 | -5.6% | 102,922.6 t |
| 2023 | Canada to USA | $278.11 | $253.52 | +9.7% | 110,376.8 t |
| 2023 | USA to Honduras | $340.5 | $340.5 | 0% | 89,904.9 t |
| 2023 | Russia to Turkey | $351.56 | $336.46 | +4.5% | 86,500.3 t |
| 2023 | India to Viet Nam | $343.05 | $320.92 | +6.9% | 85,066 t |
| 2023 | Belgium to France | $347.91 | $369.39 | -5.8% | 76,873.4 t |
| 2023 | Argentina to Uruguay | $295.12 | $295.12 | 0% | 88,094.9 t |
| 2023 | USA to Guatemala | $372.87 | $410 | -9.1% | 69,404.6 t |
| 2023 | USA to New Zealand | $317.12 | $320.92 | -1.2% | 75,161.9 t |
| 2023 | USA to Cambodia | $314.59 | $373.04 | -15.7% | 69,392.3 t |
| 2023 | Belgium to Netherlands | $134.33 | $200.9 | -33.1% | 152,916.4 t |
| 2023 | Brazil to Spain | $352.58 | $352.58 | 0% | 56,954 t |

## Featured corridor trade history

| Year | Route trade | Year-on-year change | 3-year growth |
| --- | --- | --- | --- |
| 2010 | $274.4M | +11.3% | +30.3% |
| 2011 | $432.7M | +57.7% | +21.1% |
| 2012 | $404.6M | -6.5% | +18% |
| 2013 | $367.2M | -9.2% | +10.2% |
| 2014 | $381.8M | +4% | -4.1% |
| 2015 | $347.8M | -8.9% | -4.9% |
| 2016 | $356.4M | +2.5% | -1% |
| 2017 | $376.2M | +5.6% | -0.5% |
| 2018 | $423.8M | +12.6% | +6.8% |
| 2019 | $437.9M | +3.3% | +7.1% |
| 2020 | $388.7M | -11.2% | +1.1% |
| 2021 | $629.7M | +62% | +14.1% |
| 2022 | $727.2M | +15.5% | +18.4% |
| 2023 | $678.2M | -6.7% | +20.4% |
| 2024 | $654.0M | -3.6% | +1.3% |

_Source: reported merchandise trade data. Updated 2026-08-14._