# Of Iron Or Steel buyer markets and demand | HS 731940 | Yugalinks

Indonesia is the largest reported buyer market in this view, with imports of $19.2M.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| Indonesia | $19.2M | -4.7% | 61 | China |
| USA | $15.1M | -3.9% | 52 | China |
| Canada | $8.7M | +3.3% | 50 | USA |
| Malaysia | $7.6M | -1.2% | 42 | Singapore |
| Philippines | $6.1M | +1.7% | 30 | Japan |
| Saudi Arabia | $5.6M | +40% | 36 | China |
| Republic of Korea | $4.6M | -7.2% | 38 | USA |
| India | $4.3M | +2.8% | 42 | China |
| Thailand | $3.7M | -8.8% | 32 | China |
| China | $3.6M | -6.6% | 36 | Japan |
| Germany | $3.6M | -5.2% | 48 | China |
| Japan | $3.4M | -1.6% | 28 | China |
| Spain | $2.9M | +23% | 42 | France |
| Singapore | $2.7M | -16.4% | 35 | Taiwan |
| Bangladesh | $2.6M | +12% | 12 | China |
| United Kingdom | $2.6M | +1.7% | 41 | China |
| Italy | $2.3M | +12.8% | 37 | France |
| Austria | $2.3M | +41.3% | 38 | Germany |
| Mexico | $2.2M | -2.9% | 35 | China |
| Egypt | $2.1M | +3.1% | 15 | China |
| Netherlands | $1.7M | +2% | 56 | Germany |
| Poland | $1.7M | +12% | 41 | France |
| South Africa | $1.6M | -3.2% | 42 | Thailand |
| France | $1.5M | -5.6% | 54 | China |
| Viet Nam | $1.5M | -11.7% | 14 | China |
| United Arab Emirates | $1.3M | +6.1% | 47 | China |
| Turkey | $1.3M | -1.2% | 34 | China |
| Algeria | $1.1M | +17.7% | 8 | China |
| Pakistan | $1.1M | +15.6% | 23 | China |
| Brazil | $1.0M | -3.8% | 26 | China |
| Australia | $872.8K | +2.2% | 36 | China |
| Iraq | $837.0K | +0.7% | 8 | China |
| Belgium | $816.4K | -0% | 42 | USA |
| Switzerland, Liechtenstein | $788.0K | +3.8% | 41 | Germany |
| Chile | $781.3K | +3.5% | 17 | China |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| Indonesia | 2023 | $26.2M | $10,985.21 |
| USA | 2023 | $21.5M | $9,332.7 |
| Malaysia | 2023 | $7.3M | $7,267.66 |
| Canada | 2023 | $7.1M | $51,314.94 |
| Republic of Korea | 2023 | $5.3M | $23,417.69 |
| Germany | 2023 | $5.0M | $16,814.38 |
| India | 2023 | $4.9M | $11,287.32 |
| Singapore | 2023 | $4.3M | $21,433.97 |
| Philippines | 2023 | $3.9M | $5,630.76 |
| Japan | 2023 | $3.3M | $15,031.05 |
| South Africa | 2023 | $3.0M | $11,177.2 |
| China | 2023 | $2.9M | $63,179 |
| Thailand | 2023 | $2.9M | $26,261.94 |
| United Arab Emirates | 2023 | $2.9M | $13,691.37 |
| Saudi Arabia | 2023 | $2.6M | $3,429.22 |
| Mexico | 2023 | $2.6M | $7,966.6 |
| Bangladesh | 2023 | $2.5M | $4,675.73 |
| France | 2023 | $2.0M | $18,436.07 |
| United Kingdom | 2023 | $1.8M | $15,307.31 |
| Egypt | 2023 | $1.7M | $5,442.14 |

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