China's iron ore imports fall in 2022
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Update time : 2023-02-13 17:46:10
In 2022, China's total iron ore imports were 1.107 billion tons, a decrease of 17.88 million tons from 2021, or a year-on-year decrease of 1.59%. The total import value was around US$128 billion, a year-on-year decrease of 29.73%.
In 2022, imports from Australia increased by 5.1%, and Brazil decreased by 4.3%. The increase in Australia was mainly due to diverting from overseas to China in the year's second half. The decrease in Brazil was primarily due to Vale's hindered production capacity recovery.
