Sweden: Iron Ore Exports Drop 15% in Sep’18

Sweden, major European iron ore exporter recorded Sep’18 exports at 1.64 MnT. The exports depicted fall of 15% on monthly basis as against 1.94 MnT in Aug’18.

On yearly basis, the exports recorded fall of 18% as against 2.01 MnT in Sep’17.
In CY’18 (Jan-Sep’18), Sweden iron ore exports witnessed 17.21 MnT, almost stable as against 17.28 MnT for the same duration last year (Jan-Sep’17).

In Sep’18, an agglomerated (pellets/concentrate) iron ore exports have recorded 15% decrease M-o-M to 1.4 MnT against 1.65 MnT in Aug’18. On yearly basis, exports dropped 8% against Sep’17 exports at 1.53 MnT.

The non-agglomerated (fines/lumps) iron ore exports recorded at 0.24 MnT in Sep’18, down 17% M-o-M as against 0.29 MnT in Aug’18. on yearly basis, exports decreased 50% as against 0.48 MnT in Sep’17.

Sweden exports to Germany dropped 28% on monthly basis

Germany remained the largest importer of iron ore from Sweden at 0.55 MnT, contributing 34% share of total Sweden’s export for the month. The imports witnessed 28% drop on monthly basis as against being 0.76 MnT in Aug’18.

Saudi Arabia stood second largest importer at 0.35 MnT followed by Finland at 0.18 MnT.

Country-wise Sweden iron ore exports: Sep’18 v/s Aug’18

 Country Sep-18 Aug-18 M-o-M (%) Jan-Sep’18 Jan-Sep’17 Y-o-Y (%)
 Germany 0.55 0.76 -28% 5.43 4.27 27%
 Saudi Arabia 0.35 0 100% 1.91 2.1 -9%
 Finland 0.18 0.2 -10% 1.48 1.36 9%
 Netherland 0.17 0.17 0% 1.52 1.47 3%
 Turkey 0.15 0.15 0% 1.33 1.49 -11%
 Others 0.23 0.66 -65% 5.54 6.62 -16%
 Grand Total 1.64 1.94 -15% 17.21 17.28 -0.4%

Quantity in MnT
Source: Sweden Customs
Provisional Data


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