Trade statistics released from Australian Bureau of Statistics shows that world’s largest iron ore exporter, Australia exported around 787.8 MnT iron ore in Australian FY16.
Australia exported around 68.25 MnT iron ore (agglomerated and non-agglomerated both) in Jun’16. Exports remained almost unchanged M-o-M, as it was 68.04 MnT in May’16.
The non- agglomerated iron ore and concentrates exports in the month of Jun’16 was registered at 67.99 MnT, moved up marginally by 0.2% M-o-M. The agglomerated iron ore (pellets) exports remained at 0.26 MnT in Jun’16.
China imports more than 80% of Australian iron ore. In Jun’16, the country imported 56.25 MnT iron ore, slightly up by 1.7% M-o-M. Australia mainly exports fines and lumps to China.
The other key countries who imported Australian iron ore were Japan (6.45 MnT), Republic of Korea (3.74 MnT), Taiwan (1.33 MnT),Indonesia (0.32 MnT) etc.
Australia’s Port Hedland exports around 70% of total iron ore exports
World’s largest bulk export terminal, Western Australia’s Port Hedland exports around 70% of the Australia’s bulk material.
Starting the Australian financial year 2016 (till Jun’16), total 453.8 MnT iron ore had been exported from Port Hedland.
Port Hedland has delivered a total throughput of around 446 MnT iron ore in 2015. BHP Billiton and FMG (Fortescue Metals Group) exports iron ore mainly from Australia’s Port Hedland.
Note: Australia financial year starts from 01 July and ends on 30 June.
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