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Brazilian Iron Ore and Grain Exports in 2016

Grain, Iron Ore

Brazilian iron ore exports rose to a three-month high of 35.1 Mt in December, but still fell by 4.4 Mt year-on-year, government data show. Brazil exported 373.9 Mt of iron ore in 2016, up by 7.8 Mt on 2015 and an annual high. By contrast, Brazil’s corn and soya (beans & meal) shipments both fell in 2016 with 21.9 Mt and 66.0 Mt exported, down by 7.4 Mt and 3.1 Mt on 2015, respectively.