South Africa: Iron ore exports rise over 60%, m-o-m, in May

  • South Africa’s iron ore exports rose 63% m-o-m in May’22 to 6.17 mnt from 3.8 mnt in Apr, as per customs data.
  • China was the largest importer at 3.47 mnt, followed by Japan at 0.48 mnt.
  • Export volumes inched down by 2% on the year to 26.47 mnt in Jan-May’22 as against 26.97 mnt in the year-ago period.

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