Turkey's rebar exports down 5.35 percent in Jan-Sept

Wednesday, 05 November 2014 12:01:43 (GMT+3)   |   Istanbul

In September this year, Turkey's rebar exports amounted to 612,139 metric tons, decreasing by 2.27 percent year on year, but up 8.62 percent from the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $345.69 million, decreasing by five percent compared to September 2013 and up 10.52 percent from the previous month.

On the other hand, in the January-September period of this year Turkey's rebar exports stood at 5.64 million metric tons, down 5.35 percent year on year, while the total revenue of these exports amounted to $3.18 billion, decreasing by 8.89 percent year on year.

In September this year, Turkey's largest rebar export destination was the US which received 119,215 metric tons, up 181.41 percent year on year. The US was followed by Egypt with 80,966 metric tons, compared to 6,297 metric tons in the same month last year, and the UAE with 76,150 metric tons, down 38.63 percent year on year. In the first nine months, the UAE ranked as Turkey's leading rebar export destination, receiving 889,202 metric tons, up 2.29 percent year on year. In the given period, Iraq received 614,080 metric tons of rebar from Turkey, down 44.13 percent year on year. 
 
Turkey's top 10 rebar export destinations in the first nine months of this year:

Country Volume (mt)
January-September  2014 January-September 2013 Y-o-y change (%) September 2014 September 2013 Y-o-y change (%)
UAE 889,202 869,299 2.29 76,150 124,084 -38.63
Iraq 614,080 1,099,143 -44.13 57,976 115,802 -49.94
USA 580,711 1,099,143 -47.17 119,215 42,364 181.41
Yemen 526,661 395,686 33.1 47,830 16,944 182.28
Israel 471,501 387,095 21.8 56,855 56,287 1.01
Egypt 338,589 69,417 387.76 80,966 6,297 1185.79
Libya 202,321 298,724 -32.27 13,599 24,298 -44.03
Ethiopia 194,765 223,297 -12.78 27,105 45,531 -40.47
Brazil 182,518 132,979 37.25 11,570 37,969 -69.53
Saudi Arabia 159,862 440,670 -63.72 2,984 59,429 -94.98

 
Turkey's main rebar export destinations on country basis in the first nine months of the current year are presented in the chart below:


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