2012 Brazil iron sand exportation will obviously decrease

Brazil International trade association predicted that at present international economical situation is uncertain, especially affected by European debt crisis. All these elements will lead to Brazil important products iron sand decrease in exportation. According to Brazil Industry and business department latest statistics revealed that in 2011 iron sand exported was 0.3307 billion tons, which increase 6.4% compared with 0.3018 billion tons last year. At the same time, Brazil earned 41.8 billion US dollar from iron sand exportation, which accounts for 16.3% of the whole year exportation volume.
International trade association also predicted that in 2012 iron sand exportation will decrease to 0.32 billion tons, which will decrease 3.2% compared with last year. That is because that China and European union is the largest purchaser, even though China won't reduce its exportation, European's reduction will be inevitable.

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2012 Brazil iron sand exportation will obviously decrease