Recent trade statistics released by Brazil Customs show that Brazil has exported around 35.3 MnT iron ore in Sept’16. Iron ore exports increased by 2.3 % in Sept’16 against 34.5 MnT in Aug’16.
Brazilian iron ore export volumes were slightly down by 0.28% Y-o-Y. In the first nine months of 2016, the country exported 277.2 MnT iron ore, up by 4.5% as it was 265.1 MnT during the same period in 2015.
The average export price for Brazilian iron ore in Sept’16 was around USD 40.2/MT, FoB Brazil, up by USD 3.8/MT from Aug’16 as it was USD 36.4/MT, FoB Brazil. However, on Y-o-Y basis, average export prices rose by USD 4.7/MT against USD 35.5/MT, FoB Brazil in Sept’15.
According to data released by Inchcape Shipping Services, Brazil, – the country exported 32.46 MnT iron ore via sea route. Vale, the world’s largest iron ore producer exported 64% of iron ore via sea route. In Sep’16, the miners exported, via sea route, 27.02 MnT iron ore, CSN – 3.03 MnT, Anglo American – 1.55 MnT and Trafigura – 0.86 MnT.
China, the largest iron ore importer of Brazilian iron ore imported 66% of total Brazilian exports, Japan contributed 8.3%, Malaysia contributed 5% via sea route.
Shipper-wise iron ore exports to different countries via sea route in Sept’16
| Countries | Vale | CSN | Anglo American | Trafigura |
| China | 18.62 | 1.51 | 0.7 | 0.86 |
| Japan | 1.87 | 0.66 | 0.17 | – |
| India | 0.17 | – | 0.32 | – |
| France | 0.25 | – | – | – |
| Singapore | 0.17 | 0.31 | – | – |
| Indonesia | – | 0.19 | – | – |
| Behrain | – | 0.34 | 0.18 | – |
| Mexico | – | – | 0.17 | – |
| Others | 5.94 | – | – | – |
| Total | 27.02 | 3.03 | 1.55 | 0.86 |
Quantity in MnT
Source: Inchcape Shipping Services, Brazil
Provisional Data
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