Global iron ore exports rise 5% in 9MCY'24. Know why?

Top-10 Iron Ore Exporting Countries in Jan-Sep 2024

Global iron ore imports recorded a nominal growth of around 5% to 1,201 million tonne (mnt) in the January-September, 2024 (9MCY’24) compared to 1,149 mnt seen in the same period in 2023. Australia was the largest exporter with 646 mnt, up 2% y-o-y followed by Brazil with 291 mnt, a rise of 6%. South Africa was at third spot with 46 mnt, showing a 4% increase in this period.


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