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Iron Ore Exports by Country 2019, Iron ore smelter International sales of iron ore exported by country totaled US$1225 billion in 2019, increasing by 742% since 2015 when iron ore shipments were valued at $703 billion and expanding 303% from 2018 to 2019 From a continental perspective, Oceania (mostly Australia) sold the greatest amount of exported iron ore at 538% of the global total