Brazil: Iron ore exports surge over 30% y-o-y in Dec’25

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Brazil’s iron ore exports increased by 31.6% y-o-y to 40.24 mnt in Dec’25 against 30.57 mnt in Dec’24, as per customs data.
Moreover, shipments climbed by 16.7% m-o-m against 34.47 mnt in Nov.
Average export prices edged up by 1.5% to $72.7/t FOB in Dec from $71.6/t in Dec’24.

Brazil Iron Ore Exports customs export data Dec 2025 iron ore shipments FOB iron ore prices global iron ore supply iron ore export growth iron ore trade Brazil seaborne iron ore market

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