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Iron ore exports decrease by 32 % in the first quarter of 2025 | economy

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In the first two months of 2025, Pará mineral balance presented the dynamics of contrast. Iron and its center, the main export producer of the state, recorded a 32 % decrease, which reached a total loss of $ 738 million compared to the same period in 2024.

1 %, the area, which jumped to 399 %.

According to Casandra Labato, Executive Coordinator of the International Center of the Federation of Industries in the state of Barra, the decrease in iron ore exports is a reflection of the international scenario. “The fall to the trade war between the United States and China, which hindered the flow of goods, as well as the slowdown in the Chinese real estate sector, which faces a moment of confidence. Because China is one of the main buyers of Paenese oar, and this directly affects our exports,” he explained.

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The results may be a reflection of the trade war between countries and the evaluation of economists



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Even with the negative performance of our main product, the balance has benefited from the drainage of other commodities, such as Alumina, which reached $ 607 million was exported in the first two months of the year, which represents an increase of 141 % over the previous year. Indeed, aluminum’s registered growth is 298 %, moving $ 102 million. Among the most prominent of what was iron omnom, which reached $ 83.3 million with a growth of 399 %.

According to Casandra, this positive scenario is directly related to the solidity of commercial partnerships and adaptations in the international market. “The increase in exports of these minerals is the result of the renewal and expansion of contracts with countries such as Norway and Japan, which are traditional buyers. In addition, in the case of iron iron, the highest is directly related to modern changes in American tariff policies.

The expert also stressed that the diversification of exports was necessary to reduce the effects of a decrease in iron ore. “While iron ore suffers from a decline in the Chinese market, other products benefit from strategic adjustments from buyers and solid contracts. This indicates the importance of maintaining the export agenda to ensure their commercial balance,” and concluded.

Para-FEV 2025 Exports (Jan-FEV 2025)

Iron and concentrated crude

$ 1.59 billion 32 % decrease (-738 million dollars)

Copper and concentrated materials

$ 384 million 4.21 % increase (+ 15.5 million USD)

Alumina (aluminum oxide)

607 million US dollars Top of 141 % (+ 355 million USD)

Ferro-Gusa

83.3 million dollars Top 399 % (+ 66.6 million USD)

Aluminum

102 million dollars Higher than 298 % (+ 76.1 million USD)

Gold (not cash)

77.3 million dollars 1.69K % increased (+ 73 million USD)

Inorganic chemical elements (oxides and salts)

60.9 million US dollars An increase of 70.6 % (+ 25.2 million USD)

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