Overview In December 2022 China's Iron Ore exports accounted up to $191M and imports accounted up to $8.37B, resulting in a negative trade balance of $8.17B. Between December 2021 and December 2022 the exports of China's Iron Ore have decreased by $-42.9M (-18.3%) from $234M to $191M, while imports decreased by $-422M (-4.8%) from $8.79B to $8.37B.
Destinations In December 2022, Iron Ore were exported mostly to Japan ($143M), Taiwan ($26.2M), South Korea ($21.6M), Bulgaria ($181k), and Thailand ($10.4k), and were imported mostly from Australia ($5.48B), Brazil ($1.81B), Peru ($206M), South Africa ($188M), and Chile ($146M).
Growth In December 2022, the decrease in Iron Ore's year-by-year exports was explained primarily by a decrease in exports to . In December 2022, the decrease in Iron Ore's year-by-year imports was explained primarily by a decrease in imports from Australia ($-1.18B or -16.2%), Brazil ($-495M or -17%), and India ($-258M or -81.3%).