Taiwan, the world’s sixth largest iron ore importer has imported 2.08 MnT iron ore in Aug’17, according to the trade statistics released by Taiwan customs. Imports have decreased by 9% M-o-M as it was 2.29 MnT in Jul’17.
Taiwan has also decreased its imports by 4% Y-o-Y, as it was 2.17 MnT in Aug’16 last year. During the first 8 months of 2017, Taiwan imported 17.13 MnT iron ore up 13% compared to 15.16 MnT in the same period last year.
A non-agglomerated iron ore (lumps and fines) down by 1% M-o-M to 1.96 MnT in Aug’17 compared to 1.98 MnT in Jul’17 and it’s also down 2% Y-o-Y compared to same month last year which was 1.99 MnT then.
An agglomerated (pellets and concentrated) down by 61% M-o-M to 0.12 MnT in Aug’17 compared to 0.31 MnT in Jul’17 and it’s also down by 33% Y-o-Y compared to same month last year which was 0.18 MnT then.
Country-wise Taiwan Iron Ore Imports-:
Taiwan has imported 1.61 MnT iron ore from Australia followed by Brazil 0.21 MnT, Canada 0.19 MnT and Ukaraine 0.07 MnT.
Country-wise Taiwan Iron Ore Imports-
| Country | Aug-17 | Jul-17 | M-o-M(%) | Jan-Aug’17 | Jan-Aug’16 | Y-o-Y(%) |
| Australia | 1.61 | 1.45 | 11% | 12.52 | 11.56 | 8% |
| Brazil | 0.21 | 0.62 | -66% | 3.31 | 3.1 | 7% |
| Canada | 0.19 | 0.22 | -14% | 1.24 | 0.43 | 188% |
| Ukraine | 0.07 | 0 | 100% | 0.07 | 0 | 100% |
| Indonesia | 0 | 0 | 0% | 0.01 | 0 | 100% |
| China | 0 | 0 | 0% | 0 | 0.05 | -100% |
| Grand Total | 2.08 | 2.29 | -9% | 17.14 | 15.16 | 13% |
Quantity in MnT
Source: Taiwan Customs
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