Sweden: Iron Ore Exports Up 32% in July’18

Sweden, major European iron ore exporter recorded July’18 exports at 2.23 MnT. The exports depicted rise of 32% on monthly basis as against 1.69 MnT in June’18.

On yearly basis, the exports recorded a decline of 14% as against 2.6 MnT in July’17.
In CY’18 (Jan-July’18), Sweden iron ore exports witnessed at 13.63 MT, down slightly against 13.76 MnT for same duration last year (Jan-July’17).

In July’18, an agglomerated (pellets/concentrate) iron ore exports have recorded increase of 27% M-o-M to 1.82 MnT against 1.43 MnT in June’18. However, on yearly basis exports have depicted fall of 10% against July’17 exports at 2.03 MnT.

The non-agglomerated (fines/lumps) iron ore exports recorded at 0.41 MnT in July’18, up 58% M-o-M as against 0.26 MnT in June’18. However, on yearly basis exports declined 27% as against 0.56 MnT in July’17.

Sweden exports to Germany down marginally on monthly basis

Germany remained the largest importer of iron ore from Sweden at 0.55 MnT, contributing 25% share of total Sweden’s export for the month. The imports witnessed 7% decline on monthly basis as against being 0.59 MnT in June’18.

UK stood the second largest exporter at 0.27 MnT followed by Saudi Arabia at 0.18 MnT (down 66% M-o-M).

Egypt and Qatar iron ore exports recorded at 0.16 MnT each in July’18 against being nil a months before.

Country-wise Sweden iron ore exports: July’18 v/s June’18

Quantity in MnT
Source: Sweden Customs
Provisional Data