Recent trade statistics released by Brazil Customs show that the country has exported around 30.44 MnT iron ore (including pellets) in Jan’18. Brazil iron ore exports on yearly basis were up 5% for Jan’18 compared to Jan’17. However, exports were down by 7.1% M-o-M against 32.77 MnT in Dec’17.
Out of total 30.44 MnT iron ore exported by Brazil in Jan’18, 27.52 MnT was iron ore which recorded a decline of 8.4% M-o-M against 30.04 MnT in Dec’17. This is lowest monthly iron ore export volumes since Apr’17 which was recorded at 22.05 MnT.
Remaining 2.92 MnT quantity exported in Jan’18 was pellets, up 7% M-o-M against 2.73 MnT in Dec’17.
Vale iron ore exports down 8% in Jan’18:
Vale, the world’s largest iron ore producer exported around 89% of iron ore via sea route of the total Brazil exports. In Jan’18, the miner exported 24.37 MnT iron ore via sea route, followed by CSN at 1.62 MnT and Anglo American at 1.03 MnT.
Iron ore exports from Vale have come down by 7.5% M-o-M to 24.37 MnT in Jan’18 against 26.34 MnT in Dec’17.
China’s iron ore import from Brazil decline 5% in Jan’18 :
China, the largest iron ore importer of Brazilian iron ore, imported around 64% of total Brazilian iron ore exports in Jan’18 via sea route, followed by Oman 1.33 MnT ( up 93% M-o-M) , Netherland 1.25 MnT (up 21%) and Philippines 1.09 MnT (up almost thrice M-o-M).
China’s iron ore imports from Brazil have come down marginally from 18.53 MnT in Dec’17 to 17.63 MnT in Jan’18.
Jan’18 witnessed major decline in imports by Japan at 0.84 MnT (down 54% M-o-M), Malaysia at 0.39 MnT (down 75%), and South Korea at 0.37 ( down 64%).
Company-Wise Brazil Iron Ore Exports in Jan’18
| Countries | Vale | CSN | Anglo American | N/A | Grand Total |
| China | 15.66 | 0.90 | 0.56 | 0.50 | 17.63 |
| Oman | 1.33 | 0.00 | 0.00 | 0.00 | 1.33 |
| Netherland | 1.08 | 0.00 | 0.16 | 0.00 | 1.25 |
| Philippines | 0.90 | 0.20 | 0.00 | 0.00 | 1.09 |
| Portugal | 1.07 | 0.00 | 0.00 | 0.00 | 1.07 |
| Japan | 0.70 | 0.00 | 0.14 | 0.00 | 0.84 |
| France | 0.44 | 0.00 | 0.00 | 0.00 | 0.44 |
| Italy | 0.42 | 0.00 | 0.00 | 0.00 | 0.42 |
| Others | 2.77 | 0.53 | 0.17 | 0.00 | 3.46 |
| Grand Total | 24.37 | 1.62 | 1.03 | 0.50 | 27.52 |
Quantity in MnT
Source: Inchcape Shipping Services, Brazil
Provisional Data
Port wise Brazil iron ore exports in Jan’18:
Ponta Da Madeira accounted for 51% share in Brazil iron ore exports Jan’18 at 13.94 MnT. Other major ports for Brazilian iron ore export were Rio De Janeiro 23% and Tubarao Port 20%.
| Port | Quantity |
| Ponta Da Maderia | 13.94 |
| Rio De Janeiro | 6.46 |
| Tubarao Port | 5.6 |
| Acu Port | 1.03 |
| Sudeste Port | 0.5 |
| Grand Total | 27.52 |
Quantity in MnT
Source: Inchcape Shipping Services, Brazil
Provisional Data
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