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Iron Ore Exports to China
January 1 , 2024
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- China has emerged the highest buyer of iron ore from India with nearly 24.75 million tonnes (mt) being exported for April-November period (eight months).
- This is the highest export to China in absolute terms in over the last three years, and second highest since FY20.
- So far, this fiscal, nearly 95 per cent of India’s iron ore shipments have gone to China.
- From 18.15 mt for 8 months of FY20 or 76 per cent of total shipments, it shot up to 92 per cent of at 35.19 mt in FY21 - the highest in absolute numbers.
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