The first two months of 2021 saw Brazilian iron ore exports increase by 9.1 percent to 53 million tonnes. The development is solely due to China, which has raised imports from Brazil compared to other countries.
So far, 35.2 million tonnes of iron ore has been exported to China, an 15.2 percent increase compared to the same period last year. In contrast, exports to all other countries have dropped by 1.2 percent, shows an analysis by shipping organization Bimco.
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