Brazil’s iron ore exports hike in Sep
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Update time : 2024-10-11 15:06:20
According to statistics from the Brazil Ministry of Development, Industry and Foreign Trade (MDIC), Brazil’s iron ore exports totaled nearly 37 million tons in September, rising by 7.6% compared to the previous month and by 3.6% from the year-ago level.
In the three quarters of this year, Brazil’s iron ore exports amounted to approximately 290 million tons, a year-on-year increase of 5.8%. Among them, the shipment to China accounted for the largest proportion at 66% of the total.
The value of Brazil’s iron ore exports in the January-September period was roughly US$23 billion, an increase of 6.4% compared to the same period a year earlier. The export value in September alone was down by 11% year on year to US$2.4 billion.
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