Mining Foreign Trade has a balance of $ 7.6 billion in the first quarter
In the first quarter of 2025, the difference between Exports and imports of ore (68 7.68 billion balance) equals 77% of Brazilian trade balance balance (US $ 9.98 billion). In the year 2024, this part is 47%
According to the Brazilian Institute of Mining (Ibram) The effect In the wake of a decrease in 13% of ore exports, it is also positive in trade balance, In the dollar, in the first quarter of 2025, compared to the same period last year. The fall has been caused by the diversity of international iron ore prices, which is the mainstay of Brazilian minerals exports.
However, In the first quarter of 2025, the sector earned R $ 73.8 billion, It represents an increase of 8.6% compared to the same period last year (R 68 billion), and Iron ore has a 53% stake in this amount, R 38.8 billion (compared to the first quarter of 2024). Tax collection increased by about 8%, the total R $ 25.5 billion.
Until March, mining recorded 223,000 direct jobs, more than 2 thousand new vacancies.
According to IBram CEO Raul Jungman, chances for mining expansion in Brazil are positive, For global demand, especially for the benefit of energy transformation, decorbonization, development of new technologies, protection, for various purposes has increased exponentially for complex and strategic ore. Brazil is likely to lead the global supply of various minerals.
He commented that the international tariff war was not directly influenced by Brazil’s mining, although it was a negative movement for trade relations between nations.
“I believe that the tariff controversy offers a reduction in the dynamics of the global economy, which affects international trade, especially in China and the United States representing 45% of the global trade stream,” Jangman said at a news conference on Tuesday (6).
Investment
The mining industry is expected to invest $ 68.4 billion by 2029. Most investments are up to iron ore projects (28.7%); Following social and environmental projects (16.6%) and logistics (15.9%).
Minus Garies, Para and Bahia are leading the state’s ranking with 24.1%, 19.7%and 13.2%respectively.
