Turkey’s rebar exports down 17.3 percent in January-July

Thursday, 14 September 2017 17:38:55 (GMT+3)   |   Istanbul
       

In July this year, Turkey's rebar exports amounted to 305,064 metric tons, down 32 percent compared to June and falling by 48 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $135.3 million, decreasing by 43.2 percent compared to June 2016 and down 29.5 percent month on month.

In the first seven months of the current year, Turkey's rebar export volume amounted to 3.44 million mt, falling by 17.3 percent, while the value of these exports decreased by 5.6 percent to $1.46 billion, both year on year.

In the given period, Turkey's largest rebar export destination was the US which received 573,986 metric tons, down 29.34 percent year on year. The US was followed by Yemen with 412,086 metric tons and Israel with 404,775 metric tons.
 
Turkey's top 10 rebar export destinations in the January-July period:

 

Country

Amount (mt)

 

 

 

 

 

 

January-July

2017

January-July

2016

Y-o-y change (%)

July 2017

July 2016

Y-o-y change (%)

USA

573,986

812,269

-29.34

38,600

75,775

-49.06

Yemen

412,086

255,333

61.39

34,315

17,276

98.63

Israel

404,775

417,711

-3.10

39,456

23,660

66.76

Singapore

195,278

-

-

-

-

-

Hong Kong

175,860

-

-

-

-

-

Iraq

152,186

193,472

-21.34

25,524

22,917

11.38

UAE 

135,246

922,114

-85.33

2,362

202,379

-98.83

Ethiopia

124,568

105,681

17.87

16,182

4,164

-

Canada

118,185

-

-

28,935

-

-

Malaysia

85,320

-

-

3,189

-

-

 

Turkey's main rebar export destinations on country basis in the January-July period this year are presented below:


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