Iron ore to displace soybeans as Brazil's main export earner

Brazil's iron ore export revenues are set to surge 60% this year. Gold Futures $ 2909.9 / ozt 0.51%. ... substantially higher than the estimated $26 billion of export revenues in 2020.

WhatsApp: +86 18221755073

Brazil Smashes Iron Ore Export Records in December

In December alone, Brazil's iron ore exports amounted to $3.5 billion, nearly a 70% year-on-year increase. According to preliminary data from Secex, the average price of iron ore exported by Brazil last month was $88.5 per ton (FOB), a 36.6% increase compared to December 2022.

WhatsApp: +86 18221755073

Top 10 Iron Ore Producing Countries – Fresh Trade Insider

The largest iron ore districts in the country are the states of Pará and Minas Gerais, which together account for 98 percent of Brazil's annual iron ore output. Pará is home to the largest iron ore mine in the world, Vale's (NYSE:VALE) Carajas mine. Headquartered in Rio de Janeiro, Vale is the world's biggest producer of iron ore pellets.

WhatsApp: +86 18221755073

Brazil's iron ore supply shortages 'fundamental' in boom for Aus exporters

Australia has benefitted by a major spike in the global iron ore price which has been fundamentally dictated by competitors like Brazil not being able to supply product to world steel makers, says ...

WhatsApp: +86 18221755073

World's Major Countries Import

Australia - world's largest iron ore exporter has recorded iron ore shipment at 75.29 mn t for May'20, up slightly against 74.61 mn t in Apr'20, according to the vessel line up data maintained with SteelMint. Exports to China increased moderately. Brazil recorded 10% fall in monthly iron ore export volumes to 21.58 mn t. Fall in exports due ...

WhatsApp: +86 18221755073

Dry Bulk Shipping: Brazil's Iron Ore Exports to China on the Rise

D emand for Brazil's iron ore, most notably from China rose by 4.1% during 2024. In its latest weekly report, shipbroker Banchero Costa said that "2024 was another positive year for global ...

WhatsApp: +86 18221755073

World's Largest Iron Ore Port Expects Higher Exports Post Vale

By Krystal Chia (Bloomberg) — With a market facing a global deficit that was unforeseen at the start of the year, the world's biggest iron ore export port is flagging a timely boost in ...

WhatsApp: +86 18221755073

Brazil Exports Volume: Iron Ore | Economic Indicators | CEIC

Brazil Exports Volume: Iron Ore data was reported at 18,803.000 Metric Ton th in Feb 2024. This records a decrease from the previous number of 19,814.000 Metric Ton th for Jan 2024. Brazil Exports Volume: Iron Ore data is updated monthly, averaging 25,293.000 Metric Ton th (Median) from Dec 2007 to Feb 2024, with 195 observations. The data reached an all-time high of …

WhatsApp: +86 18221755073

Brazil: iron ore export shares destination 2023 | Statista

That year, iron ore exports from Brazil surpassed 30 billion U.S. dollars. Read more Distribution of iron ore exports from Brazil in 2023, by leading destination country

WhatsApp: +86 18221755073

Iron ore production in Brazil and major projects

Brazil accounts for 16% of global production, with the largest producers being Australia, Brazil, China and India. Exports of iron ore from Brazil increased by 3% in 2023 over 2022, with the highest share being exported to China. Brazil's iron ore exports are expected to grow at a CAGR of 1.82% between 2023 and 2027.

WhatsApp: +86 18221755073

Brazil's Iron Ore Exports Climb 5.6% in 2024, Reaching 270 …

Brazil's iron ore exports have shown remarkable growth in 2024, with the country exporting 270.3 million tons of the commodity from January to September. This represents a …

WhatsApp: +86 18221755073

Elevated Exports: Brazil's Iron Ore Surge

This figure represented a notable 26% growth compared to November's 31.5 million metric tons and a substantial 24.2% increase year-on-year. ... The surge in Brazil's iron ore exports in 2023 not ...

WhatsApp: +86 18221755073

Brazil iron ore exports hit 9-month high in June, government says

SAO PAULO, July 1 (Reuters) - Brazil's iron ore exports reached 33.68 million tonnes in June, the highest volume in nine months, as major producers like Vale VALE3.SA shipped more in response to ...

WhatsApp: +86 18221755073

Brazil iron ore exports hit 9-month high in June, government says

Brazil's iron ore exports reached 33.68 million tonnes in June, the highest volume in nine months, as major producers like Vale shipped more in response to higher international prices, official ...

WhatsApp: +86 18221755073

Brazil's iron ore production to expand at 3.8% CAGR through 2030

Looking ahead, Brazil's iron ore production is forecast to grow at a compound annual growth rate (CAGR) of 3.8% over the forecast period (2024 to 2030). This growth will be fuelled by ongoing mine developments, including the Capanema, Amapa, Morro do Pilar and Colomi projects. By 2030, Brazil's iron ore production is expected to reach 544.6Mt.

WhatsApp: +86 18221755073

Iron ore production in Brazil and major projects

Brazil's iron ore exports are expected to grow at a CAGR of 1.82% between 2023 and 2027. Leading producers of iron ore in Brazil are Vale, Companhia Siderurgica Nacional, Anglo …

WhatsApp: +86 18221755073

Brazil's Iron Ore Exports Near Record High

Other significant importers include Malaysia (5.6%) and Oman (3.6%). Brazil's iron ore sector boosts its status as the world's second-largest iron ore exporter, after Australia. In the first half of 2024, global iron ore exports rose by 5% year-on-year to 751 million tons. Brazil's exports reached 181 million tons, marking a 6% increase ...

WhatsApp: +86 18221755073

Global Leaders in Iron and Steel Exports 2023 Insights

Which countries are truly the leaders in iron and steel exports this year? Global Leaders in Iron and Steel Exports: 2023 Overview. In 2023, the total value of global iron and steel exports reached an impressive $541 billion. This figure highlights a robust compound annual growth rate (CAGR) of 6.0% from 2000 to 2023. Such consistent growth ...

WhatsApp: +86 18221755073

Brazil's Iron Ore Exports Rebound to Pre-Brumadinho Levels, …

Brazil's iron ore exports have surged to levels not seen since before the 2019 Brumadinho dam disaster. The country shipped 389.1 million tonnes of iron ore in 2024, nearly matching the 389.8 million tonnes exported in 2018. This data comes from Brazil's Ministry of Development, Industry, and Foreign Trade. The export recovery marks a ...

WhatsApp: +86 18221755073

Brazil's iron ore supply shortages 'fundamental' in boom for Aus exporters

Australia has benefitted by a major spike in the global iron ore price which has been fundamentally dictated by competitors like Brazil not being able to... Brazil's iron ore supply shortages 'fundamental' in …

WhatsApp: +86 18221755073

Iron ore production in Brazil and major projects

Brazil's iron ore exports are expected to grow at a CAGR of 1.82% between 2023 and 2027. Leading producers of iron ore in Brazil are Vale, Companhia Siderurgica Nacional, …

WhatsApp: +86 18221755073

Brazil's global iron ore exports jump 7.6% MoM in Sept

The September figure brought the country's total iron ore exports during the first nine months of this year to 289.9 million tonnes, 5.9% higher than the comparable months in 2023, Mysteel Global calculated based on the Comex Stat statistics. Of that, Brazil's iron ore cargoes bound for China, the country's

WhatsApp: +86 18221755073

Iron Ore Exports by Country

From 2022 to 2023, the total cost of iron ore exports flatlined via a 1.7% upturn from $158.7 billion. The 5 top exporters of iron ore are Australia, Brazil, Canada, South Africa and India. …

WhatsApp: +86 18221755073

Iron Ore Distribution across the World

The Quadrilátero Ferrífero (Iron Quadrangle) in Minas Gerais is particularly notable for its vast iron ore deposits. Export Market: Brazil is a major exporter of iron ore, with China being the primary recipient of its exports, followed by other …

WhatsApp: +86 18221755073

Brazil exported 389 million tons of iron ore in 2024

Mining companies in Brazil increased exports of iron ore (HS 2601) by 2.9% in 2024 compared to 2023 – from 378.14 million tons to 389.02 million tons. This is evidenced by …

WhatsApp: +86 18221755073

Brazil stands out in the export of iron ore

Brazil is the second largest exporter of iron ore in the world and is estimated to have one of the main reserves of the material. Brazilian iron ore is also of better quality, as it has a higher iron content - around 60%. In 2021, Brazil exported 357.7 million tons of iron ore, compared to 341.6 million tons in the previous year.

WhatsApp: +86 18221755073

Brazil's global iron ore exports climb by 19% YoY in Apr

Brazil's iron ore exports to global destinations totaled some 29.6 million tonnes in April, higher by 19.1% compared with the same month last year, according to new statistics …

WhatsApp: +86 18221755073

Iron ore exports from Brazil increased by 5.0 percent in 2024

According to a report by broker, Banchero Costa, Brazil exported 380.4 million mt of iron ore in 2024, 5.0 percent more than 2023. The major loading ports were Ponta da …

WhatsApp: +86 18221755073

India's Iron Ore Export Skyrockets By 129% to Reach $3.6 Billion …

Exports by Country. China (41M tons) was the main destination for iron ore exports from India, with a 94% share of total exports.It was followed by Indonesia (1.2M tons), with a 2.8% share of total exports.. From 2013 to 2023, the average annual rate of growth in terms of volume to China totaled +12.0%. Exports to the other major destinations recorded the following average annual …

WhatsApp: +86 18221755073

Brazilian Iron Ore Exports Grew Again Last Year — Breakwave …

2024 as a whole, though, saw Brazilian iron ore exports total 390.3 million tons. This marked a year-on-year increase of 10.3 million tons (3%). ... Reports last year, capesize rates were able to find significant strength in early stretches in 2024 due in part from Brazil's iron ore exports continuing to enjoy a shift to a return back to ...

WhatsApp: +86 18221755073