Recent trade statistics released by Brazil Customs show that the country has exported a total of 38.98 MnT iron ore & pellets in May’18. The May’18 exports have increased by 51% M-o-M as against 25.88 MnT in Apr’18. On yearly basis, the exports have witnessed increase of 11% as against 35.11 MnT in May’17.
China accounts for around 50% of Brazilian iron ore exports, amidst stricter regulations in China, buyers prefer to buy low alumina Brazilian iron ore (Carajas fines) resulted still mills are using the high-grade material.
Out of the total quantity of 38.98 MnT exports, 32.18 MnT stood iron ore (83% of total May’18 exports) recording 39% increase against 23.10 MnT in Apr’18. Remaining 6.80 MnT exports were pellets, depicting growth of more than twice M-o-M compared to Apr’18 exports at 2.78 MnT.
For the duration Jan-May’18, total iron ore & pellet exports recorded at 149.04 MnT almost stable on yearly basis compared to 150.21MnT in the same period last year (Jan-May’17) .Out of the total quantity of 149.04 MnT, 131.66MnT stood iron ore and remaining 17.38 MnT being pellet.
Vale iron ore exports surge 42% in May’18:
Vale, the world’s largest iron ore producer exported around 29.12 MnT iron ore via sea route in May’18, up 42% against previous month exports at 20.56MnT. CSN stood the second largest exporter at 2.78 MnT (up 52% M-o-M)
| Shipper | May’18 | Apr’18 |
| Vale | 29.12 | 20.56 |
| CSN | 2.78 | 1.84 |
| Anglo American | – | 0.32 |
| Others | 0.28 | 0.40 |
| Grand Total | 32.18 | 23.10 |
Quantity in MnT
Source: Inchcape Shipping Services, Brazil
Provisional Data
China iron ore imports from Brazil increased 53% M-o-M:
China, largest importer of Brazilian iron ore contributed 63% of total Brazilian exports via sea route in May’18. The imports recorded a significant increase by 53% M-o-M in May’18 at 20.23 MnT against Apr’18 imports at 13.26 MnT. Netherland stood the second largest importer at 2.41 MnT (up four folds M-o-M) followed by South Korea at 1.52 MnT (up more than twice M-o-M) and Portugal at 1.20 MnT.
For Jan-May’18, China marked the largest importer at 82.31MnT (contributing 63% of total exports), followed by Japan at 5.67 MnT and Malaysia 4.69MnT
In May’18, France and United Kingdom depicted a significant rise in Brazillian iron ore imports at 1.14 MnT (up more than three folds), and 0.73 MnT (up by more than two folds) respectively.
Country-Wise Brazil Iron Ore Exports: May’18 v/s Apr’18
| Destination | May’18 | Apr’18 |
| China | 20.23 | 13.26 |
| Netherlands | 2.41 | 0.60 |
| South Korea | 1.52 | 0.61 |
| Portugal | 1.20 | 1.19 |
| France | 1.14 | 0.35 |
| Japan | 0.95 | 1.97 |
| United Kingdom | 0.73 | 0.31 |
| Turkey | 0.44 | 0.37 |
| Oman | 0.40 | 1.13 |
| Others | 3.17 | 3.31 |
| Grand Total | 32.18 | 23.10 |
Quantity in MnT
Source: Inchcape Shipping Services, Brazil
Provisional Data
Ponta Da Madeira contributed half of Brazilian exports in Apr’18
Ponta Da Madeira accounted for 53% of total Brazilian export in May’18 at 17.21 MnT (up 46% M-o-M), followed by Rio De Janeiro at 7.58 MnT (24% share) and Tubarao Port at 22% export share.
| Port | May’18 | Apr’18 |
| Ponta Da Maderia | 17.21 | 11.81 |
| Rio De Janeiro | 7.58 | 6.42 |
| Tubarao Port | 7.11 | 4.17 |
| Sudeste Port | 0.28 | 0.40 |
| Acu Port | – | 0.32 |
| Grand Total | 32.18 | 23.10 |
Quantity in MnT
Source: Inchcape Shipping Services, Brazil
Provisional Data
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