Australia Iron Ore Exports Q1 to Q3 2012

 

The largest Iron Ore exporter in the world continues to provide a greater tonnage year on year for the first 9 months of 2012.

1 CHINA 270.5 MT +18%
2 JAPAN 60.5 MT 0%
3 SOUTH KOREA 37.3 MT +2%
4 TAIWAN 9.6 MT -3%
5 NETHERLANDS 0.5 MT -24%
6 INDIA 0.3 MT NEW
7 GERMANY 0.2 MT NEW
8 UTD ARAB EMIRATES 0.1 MT NEW
TOTAL 379.1 MT +13%

We can see that this growth is mainly driven by increased exports to China and this is by far the largest destination for Australian ore.  Deliveries to the other large Asian steel producers are fairly stable and a reduction in shipments to Rotterdam is counteracted by some new destinations.


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