Is Brazil exporting iron ore?

Brazil’s iron-ore exports reached 33.68-million tonnes in June, the highest volume in nine months, as major producers like Vale shipped more in response to higher international prices, official government data showed on Thursday. June exports were up 12.2% compared with the same month last year, the data showed.

How much iron does Brazil export?

In 2019, exports of iron ore from Brazil reached nearly 22.7 billion U.S. dollars, the highest value reported since 2014. In comparison to the previous year, this represented an increase of 12.2 percent. China was by far the leading country of destination for Brazilian iron ore exports that year.

Does Brazil produce iron ore?

The Brazilian state of Minas Gerais was the leading mine producer of iron ore in Brazil in 2018, with over 252 million metric tons produced. This represented around 56 percent of the country’s iron ore production that year. The state of Pará ranked second, with 193.6 million tons of iron ore produced.

What is Brazil’s main export?

Brazil mainly exports soy beans (11.6%), petroleum oils (10.7%), iron ores (10.1%), maize (3.2%), and chemical wood pulp (3.1%); while its main imports are petroleum oils (9.9%), parts and accessories for tractors and motor vehicles (2.6%), electrical apparatus for line telephony (2.5%), floating vessels (2.5%), and …

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Who buys Brazil iron ore?

China was by far the leading country of destination for iron ore exports from Brazil in 2019, accounting for 60 percent of the South American country’s iron ore export value that year. Malaysia and Japan ranked second and third, representing eight and 4.7 percent of iron ore exports from Brazil, respectively.

Who does Brazil export iron to?

The main destination of Iron Ore exports from Brazil are: China ($13.6B), Malaysia ($1.8B), Japan ($1.14B), Netherlands ($897M), and Oman ($661M). The fastest growing export markets for Iron Ore of Brazil between 2018 and 2019 were China ($2.6B), Malaysia ($723M), and Bahrain ($252M).

What is the iron ore price today?

Industrial Metals

Name Price %
Iron Ore 138.99 -4.20
Copper 9,330.75 -1.17
Nickel 19,549.00 -0.44
Zinc 3,019.00 0.36

Where is coal found in Brazil?

All of the commercially extractable coal in Brazil is distributed in the Paraná Basin, located in the central-eastern part of the South-American Platform, within the southern States of Paraná, Santa Catarina and Rio Grande do Sul. Most of the coals in the Paraná Basin are within the coal-bearing Rio Bonito Formation.