Brazil increased its exports of ore at 33%

Brazil, in December 2010 compared with December 2009 increased export of iron ore by 33% to 32.2 million tons. This is evidenced by data from the Ministry of trade of the country. According to estimates, this result was the highest since May 2008. Earlier it was reported that Brazil, in November 2010 compared with October, the export of iron ore to 24.7 million tons. In January-November last year, exports of iron ore from Brazil amounted to 279 million tons, which is almost consistent with the results of a similar period in 2008 (282 million tons.) In October, the Brazilian foreign supplies of raw materials reached 30.2 million tons due to strong demand from China. First Bank of Santander analysts expressed the view that in 2010 Brazil exported record volumes of iron ore. According to them, the supply of Brazilian ore exports will exceed two years ago, which was estimated at 281.6 million tons. As you know, Brazil is among the world's largest producers of iron ore. Ministry of Industry