Exports of Aluminum Waste and Scrap by the US Soared 22%

The top five Customs districts from which the exports left the US were Los Angeles, San Francisco, New York City, Seattle and Norfolk.

SEATTLE (Scrap Monster): According to latest US Census Bureau data, the exports of Aluminum waste and scrap by the US surpassed $2 billion by November this year. The exports during the first eleven months of the previous year surged higher by 22%, upon comparison with the previous year.

The exports totaled $2.03 billion through November 2017, s compared with $1.67 billion during the year before. The exports during this period have already outclassed the full year exports of $1.81 billion recorded in 2016.

The primary destination of US aluminum waste and scrap exports was China. The exports to that country totaled $1.06 billion, accounting for more than 50% of the total US exports. The US exports to China surged higher by nearly 27% year-on-year. In second place was South Korea with imports worth $217.5 million. The third largest importer was Canada. The exports to that country dropped marginally to total $184.3 million. The other key export markets were Mexico ($158.6 million) and India ($99.7 million).

The combined imports by the above five countries totaled 85% of total American exports. The shipments to these countries amounted to $1.72 billion.

The top five Customs districts from which the exports left the US were Los Angeles, San Francisco, New York City, Seattle and Norfolk.

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Meantime, imports of aluminum waste and scrap too recorded significant increase during the first eleven months of 2017. The imports were up sharply by 33% from $698.45 million in Jan-Nov ’16 to $929.59 million through the first eleven months of 2017. It must be noted that the full year imports in 2016 had totaled only $768.14 million.

Canada was the leading supplier of aluminum waste and scrap to the US. The imports from that country totaled $526.4 million, accounting for nearly 57% of the total US imports. The Canadian exports to the US were up by more than 19% during the eleven-month period. The imports from Mexico totaled $226 million. The other major exporters were Guatemala ($17.4 million), Venezuela ($17 million) and Saudi Arabia ($15.9 million). These five countries together accounted for 86% of total imports of aluminum waste and scrap during Jan-Nov ’17.

Detroit, Laredo, Ogdensburg, Buffalo and Pembina, N.D. were the top five Customs districts through which the imports entered the US.

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