USDTWD.ai Taiwan Macro Atlas

Taiwan’s Largest Iron-Ore Import Suppliers, 2024

World Bank trade subheadings rank iron-ore import partners by value.

Economy
Taiwan’s Largest Iron-Ore Import Suppliers, 2024: World Bank trade subheadings rank iron-ore import partners by value.

What the Data Shows

This statistic shows the raw-material base behind Taiwan’s steelmaking imports. Australia is the dominant iron-ore supplier, with Brazil and Canada providing nearly all the remaining meaningful value. The top-three concentration is almost total in the aggregated table. That makes the chart visually stark and easy to read: one very large supplier, two secondary suppliers, and a long tail near zero.

Data table

Australia $1.61B 70.5%
Brazil $500.9M 21.9%
Canada $173.5M 7.6%
China $228K 0.0%
Sweden $53K 0.0%
Australia share 70.5% Aggregated WITS HS 2601 subheadings.
Top-three share 99.9% Raw-material source concentration.

Sources

Source 1: Other Asia, nes non-agglomerated iron ore imports, 2024

Publisher: World Bank WITS / UN Comtrade

Dataset/table: Other Asia, nes imports by partner, HS 260111, 2024

Units: US$ thousand and quantity

Date checked: 2026-05-14

Evidence: Reports the largest HS 2601 subheading, led by Australia and Brazil.

Note: Reports the largest HS 2601 subheading, led by Australia and Brazil.

Source 2: Other Asia, nes agglomerated iron ore imports, 2024

Publisher: World Bank WITS / UN Comtrade

Dataset/table: Other Asia, nes imports by partner, HS 260112, 2024

Units: US$ thousand and quantity

Date checked: 2026-05-14

Evidence: Reports agglomerated iron-ore imports, led by Canada and Brazil.

Note: Reports agglomerated iron-ore imports, led by Canada and Brazil.

Source 3: Other Asia, nes roasted iron pyrites imports, 2024

Publisher: World Bank WITS / UN Comtrade

Dataset/table: Other Asia, nes imports by partner, HS 260120, 2024

Units: US$ thousand and quantity

Date checked: 2026-05-14

Evidence: Reports the small HS 260120 input to the HS 2601 aggregation.

Note: Reports the small HS 260120 input to the HS 2601 aggregation.

Data notes & caveats

Values are shown from World Bank trade tables in US$ thousands, converted to compact dollar labels.

Methodology

Aggregate the supplied 2024 iron-ore subheading import values by partner and rank the five largest suppliers by US$ value.

Source consistency notes

All ranked values are calculated from World Bank World Integrated Trade Solution customs-code 2601 subheading tables for the same reporter, year, flow and units.