Brazil’s Iron Ore Exports Slowing Down in 2026

AI Summary

Brazil's iron ore exports have slowed during the first half of 2026, despite a positive overall growth in global seaborne iron ore trade. Shipbroker Banchero Costa reports a 1.9% year-on-year increase in global iron ore loadings, highlighting shifting dynamics in the iron ore commodity market.

Brazil’s iron ore exports have been slowing down so far in the year. In its latest weekly report, shipbroker Banchero Costa said that “1H 2026 was another positive period for global seaborne iron ore trade. In Jan-Jun 2026, global loadings of iron ore increased by +1.9% y-o-y to 836.7 mln t, based on AXS Marine ...