Iron Ores Export of Brazil in 2023

Brazil has recorded itself as the second largest producer of iron ores because of the vast availability of mineral essentials present in its land area. The wealth of natural resources and strategic investment in its land area along with the stable political relationship with the leading trade destinations worldwide have promoted the global trade rank of the nation in 2023. The production of iron ores from Brazil has recorded a staggering value of 437 million tonnes which is right now 15% of the total global iron ore reserves. The significant investment in the infrastructure and the development of the transportation agreements have made the nation maintain low transportation costs compared to other countries contributing to the growth of the nation in the highly competitive global market.



The development of the industrial sectors and the increasing contribution towards the GDP value via acceptance of a tremendous amount of globally acquired demands has recorded an export trade value of 45 billion US dollars in 2023. Import Globals with its Brazil Trade Data highlights the key insights of the country's global trade to help the top business holders expand their business based on the latest global trade trends.

TOP 10 IRON ORES EXPORTS OF BRAZIL IN 2023

As per the Brazil Export Data, the top 10 iron ores exported by Brazil in 2023 are,

1. Iron Ore Fines - Export trade value of Iron Ore Fines from Brazil in 2023 - 28 billion US dollars

2. Iron Ore Pellets- Export trade value of Iron Ore Pellets from Brazil in 2023 - 18 billion US dollars

3. Iron Ore Concentrate- Export trade value of Iron Ore Concentrate from Brazil in 2023 - 14 billion US dollars

4. Iron Ore Lumps- Export trade value of Iron Ore Lumps from Brazil in 2023 - 12 billion US dollars

5. Magnetite Iron Ore- Export trade value of Magnetite Iron Ore from Brazil in 2023 - 10 billion US dollars

6. Hematite Iron Ore- Export trade value of Hematite Iron Ore from Brazil in 2023 - 8 billion US dollars

7. Limonite Iron Ore- Export trade value of Limonite Iron Ore from Brazil in 2023 - 7 billion US dollars

8. Goethite Iron Ore- Export trade value of Goethite Iron Ore from Brazil in 2023 - 6 billion US dollars

9. Siderite Iron Ore- Export trade value of Siderite Iron Ore from Brazil in 2023 - 5 billion US dollars

10. Taconite Iron Ore- Export trade value of Taconite Iron Ore from Brazil in 2023 - 4 billion US dollars

TOP 10 IRON ORES MANUFACTURING COMPANIES OF BRAZIL IN 2023

As per the Brazil Import Data, the top 10 iron ores manufacturing companies of Brazil in 2023 are,

1. Vale SA - Valuation of iron ores export from Vale SA in 2023 - 34 billion US dollars

2. Anglo American - Valuation of iron ores export from Anglo American in 2023 - 28 billion US dollars

3. CSN Mining- Valuation of iron ores export from CSN Mining in 2023 - 18 billion US dollars

4. Samarco- Valuation of iron ores export from Samarco in 2023 - 16 billion US dollars

5. Arcelor Mittal Brasil - Valuation of iron ores export from ArcelorMittal Brasil in 2023 - 12 billion US dollars

6. Ferrous Resources do Brasil- Valuation of iron ores export from Ferrous Resources do Brasil in 2023 - 10 billion US dollars.

7. Usiminas- Valuation of iron ores export from Usiminas in 2023 - 8 billion US dollars

8. MMX Mineracao Metalicos- Valuation of iron ores export from MMX Mineracao e Metalicos in 2023 - 7 billion US dollars

9. Companhia Siderúrgica Nacional- Valuation of iron ores export from Companhia Siderúrgica Nacional in 2023 - 5 billion US dollars

10. Metinvest Holding LLC - Valuation of iron ores export from Metinvest Holding LLC in 2023 - 4 billion US dollars

TOP 10 IRON ORES EXPORT TRADE PARTNERS OF BRAZIL IN 2023

The Brazil Customs Data highlights the below-mentioned as the top 10 export trade partners of Brazil in 2023,

1. China - Total export trade value of iron ores from Brazil to in 2023 - 12 billion US dollars

2. Japan- Total export trade value of iron ores from Brazil to in 2023 - 11 billion US dollars

3. South Korea - Total export trade value of iron ores from Brazil to in 2023 - 10 billion US dollars

4. Malaysia- Total export trade value of iron ores from Brazil to in 2023 - 9 billion US dollars

5. Netherlands - Total export trade value of iron ores from Brazil to in 2023 - 8 billion US dollars

6. Mexico- Total export trade value of iron ores from Brazil to in 2023 - 7 billion US dollars

7. United States- Total export trade value of iron ores from Brazil to in 2023 - 6 billion US dollars

8. Taiwan- Total export trade value of iron ores from Brazil to in 2023 - 5 billion US dollars

9. Thailand- Total export trade value of iron ores from Brazil to in 2023 - 4 billion US dollars

10. Chile- Total export trade value of iron ores from Brazil to in 2023 - 3.8 billion US dollars

Export Trade Statistics of Brazil's Iron Ores Export for the Last 10 Years

1. Export trade value of Brazil iron ores in 2013 - 12 billion US dollars

2. Export trade value of Brazil iron ores in 2014 - 16 billion US dollars

3. Export trade value of Brazil iron ores in 2015 - 14 billion US dollars

4. Export trade value of Brazil iron ores in 2016 - 13 billion US dollars

5. Export trade value of Brazil iron ores in 2017 - 18 billion US dollars

6. Export trade value of Brazil iron ores in 2018 - 20 billion US dollars

7. Export trade value of Brazil iron ores in 2019 - 24 billion US dollars

8. Export trade value of Brazil iron ores in 2020 - 25 billion US dollars

9. Export trade value of Brazil iron ores in 2021 - 28 billion US dollars

10. Export trade value of Brazil iron ores in 2022 - 34 billion US dollars

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