According to the data released by Brazil's SECEX (Foreign Trade Secretariat), a total of 219 million tons of iron ore were exported in 2004, an increase of 44 million tons (25.0%) from 175 million tons in the previous year. Along with Australia, the country's iron ore exports have surpassed 200 million tons.|
In terms of volumes by destinations, China remained the top importer for four consecutive years with 52.7 million tons increasing by 11.7 million tons (28.6%) from the previous year. Germany, the third largest importer in 2003, overtook Japan with 26.40 million tons increasing 5.94 million tons (29.0%). Japan, the second in 2003, now became the third with 25.02 million tons, decreasing by 0.83 million tons (3.2%).