Nov 05, 2021 Australia has seen a fall in goods and services exports for September owing to poor iron ore prices, according to the Australian Bureau of Statistics (ABS). From August to September, exports fell $3.08 billion (6 per cent) to just under $45 billion

Iron ore export volume was virtually unchanged from 2018 but had a 52% increase in export earning thanks to a matching increase in unit, value from $76/t in 2018 to $115/t in 2019. Comparing export earnings to export volume, it is clear that processed mineral commodities are worth more per unit than raw minerals or concentrates, often

In recent months, shorter-term supply disruptions to Australian iron ore exports have also affected the global iron ore market. The most notable of these disruptions was Tropical Cyclone Veronica in late March, which reduced large firms' iron ore exports from Western Australian ports by close to 25 million tonnes (around 3 per cent of Australia's annual export volumes)

Jun 25, 2021 Australia was by far the country exporting the largest amount of iron ore worldwide in 2020. Some 56 percent of global iron ore exports came from Australia

Almost all (98%) iron ore is used in steelmaking. Iron ore is mined in about 50 countries. The seven largest of these producing countries account for about three-quarters of total world production. Australia and Brazil together dominate the world's iron ore exports, each having about one-third of total exports

Sep 19, 2019 For most of the past decade, coal has been Australia's second largest resource export, after iron ore, and since 2015 has averaged around one-quarter of annual resource export values and 14 per cent of total export values (Graph 2). In 2018, the value of coal exports was $67 billion, equivalent to 3 per cent of nominal GDP

This article is an update of the DFAT article “Australia’s Coal and Iron ore exports 1999 to 2009” published in March 2010. Coal and Iron ore have been important exports for Australia for decades. Over the past 10 years they have grown in importance, increasing six-fold from $17.7 billion in 2001

Feb 05, 2021 Trade data released by the Australian Bureau of Statistics shows that mining has powered Australia’s economic recovery during the COVID-19 pandemic with record high export revenue for iron ore, gold and copper in 2020. Australia’s resources exports – including minerals, metals and energy commodities – last year generated $270 billion in export revenue for the economy and

Nov 04, 2021 Strong coal and gas exports in September failed to offset a large slump in the iron ore price that drove overall export values lower and ended Australia’s four back-to-back record trade

Nov 24, 2020 Australia’s iron ore sales soar to a record high in October, amidst growing sanctions from China on exports

Western Australia’s iron ore miners are among the world’s lowest cost seaborne iron ore exporters. The average total cash cost of Western Australia’s iron ore exports was US$34.5 a tonne in 2020, below the world average of US$45.3 a tonne, and below its main competitor in Brazil (US$36.0 a tonne)

May 18, 2020 Thus, the statistics below present the surplus between the value of each country’s iron ore exports and its import purchases for that same commodity. Australia: US$65.8 billion (net export surplus up 79.2% since 2015)

Sep 08, 2021 After posting record exports in May and June 2021, Australia recently announced a new record in July. Exports of iron ore, coal and liquefied natural gas exports all rose strongly, giving

14 rows Exports of Iron Ore & Concentrates in Australia decreased to 17131 AUD Million in July from

Jun 04, 2021 In financial year 2020, the export value of iron ore and its concentrates from Australia was approximately 103 billion Australian dollars

Jul 23, 2021 Metalliferous ores made up almost half of Australia’s export value in June at $20.49 billion, with iron ore up 6 per cent to represent most of that figure ($17.55 billion)

Apr 28, 2021 Driving the increase was iron ore, up 21% and copper ore up 62%. The increase in iron ore was predominantly due to an increase in quantity exported. Iron ore accounted for 39% of all Australian merchandise exports in March. Copper ore recorded its third highest export value on record at $745m. March is the second month on record that Australian copper ore has fetched a unit value

The iron ore sector achieved record sales valued at $155 billion in 2020-21, up by almost 50 per cent on the previous financial year. With relatively stable sales quantities of 839 million tonnes (compared to 837 million tonnes in 2019-20), this result was principally due to all-time high iron ore prices, which exceeded US$200 per tonne for the first time

Iron ore smelter. International sales of iron ore exported from all countries totaled US$140.1 billion in 2020, increasing by 97.9% since 2016 when iron ore shipments were valued at $70.8 billion. Year over year, overall iron ore exports gained 15.8% from 2019 to 2020. The biggest 2 exporters of iron ore, Australia and Brazil, generated about three-quarters (74.4%) of worldwide iron ore export sales

Sep 01, 2020 In 2019, Australia produced an estimated 930 million metric tons of iron ore, while Brazil's production came to an estimated 480 million metric tons

Export volumes are expected to grow from an estimated 860 million tonnes in 2019–20 to 905 million tonnes by 2021–22. Australia’s iron ore export values rose from $78 billion in 2018–19 to $102 billion in 2019–20, on the back of growing volumes, strong prices and a low Australian dollar