Sweden: Iron Ore Exports Drop 15% in Sep'18
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Sweden, major European iron ore exporter recorded Sep'18 exports at 1.64 MnT. The exports depicted fall of 15% on monthly basis as against 1.94 MnT in Aug'18.
On yearly basis, the exports recorded fall of 18% as against 2.01 MnT in Sep'17.
In CY'18 (Jan-Sep'18), Sweden iron ore exports witnessed 17.21 MnT, almost stable as against 17.28 MnT for the same duration last year (Jan-Sep'17).
In Sep'18, an agglomerated (pellets/concentrate) iron ore exports have recorded 15% decrease M-o-M to 1.4 MnT against 1.65 MnT in Aug'18. On yearly basis, exports dropped 8% against Sep'17 exports at 1.53 MnT.
The non-agglomerated (fines/lumps) iron ore exports recorded at 0.24 MnT in Sep'18, down 17% M-o-M as against 0.29 MnT in Aug'18. on yearly basis, exports decreased 50% as against 0.48 MnT in Sep'17.
Sweden exports to Germany dropped 28% on monthly basis
Germany remained the largest importer of iron ore from Sweden at 0.55 MnT, contributing 34% share of total Sweden's export for the month. The imports witnessed 28% drop on monthly basis as against being 0.76 MnT in Aug'18.
Saudi Arabia stood second largest importer at 0.35 MnT followed by Finland at 0.18 MnT.
Country-wise Sweden iron ore exports: Sep'18 v/s Aug'18
| Country | Sep-18 | Aug-18 | M-o-M (%) | Jan-Sep'18 | Jan-Sep'17 | Y-o-Y (%) |
| Germany | 0.55 | 0.76 | -28% | 5.43 | 4.27 | 27% |
| Saudi Arabia | 0.35 | 0 | 100% | 1.91 | 2.1 | -9% |
| Finland | 0.18 | 0.2 | -10% | 1.48 | 1.36 | 9% |
| Netherland | 0.17 | 0.17 | 0% | 1.52 | 1.47 | 3% |
| Turkey | 0.15 | 0.15 | 0% | 1.33 | 1.49 | -11% |
| Others | 0.23 | 0.66 | -65% | 5.54 | 6.62 | -16% |
| Grand Total | 1.64 | 1.94 | -15% | 17.21 | 17.28 | -0.4% |
Quantity in MnT
Source: Sweden Customs
Provisional Data
