According to statistics from the Brazilian Ministry of Development, Industry and Foreign Trade(MDIC), Brazilian iron ore exports totaled 29.20 million tons in November 2020, decreasing by 0.4% year on year and falling by 6.4% in comparison with 31.20 million tons in October.

During the period from January to November, the main destination of Brazilian iron ore shipment was China with 72% occupancy of the market. Malaysia was the second and Japan was the third place with 6.3% and 3.4% market share respectively.