Turkey’s rebar exports down 9.4 percent in April

Tuesday, 05 June 2012 12:19:07 (GMT+3)   |  
According to the data provided by the Turkish Statistical Institute (TUIK), in April this year Turkey's rebar (including round bar) exports amounted to 604,525 metric tons, decreasing by 9.4 percent year on year and down 29 percent from the previous month. Meanwhile, the revenue generated by these exports totaled $393.7 million, falling by 8.2 percent compared to April 2011 and down 28 percent from the previous month.

On the other hand, in the first four months of the current year Turkey's rebar exports stood at 2.88 million metric tons, up 18.6 percent year on year, while the total revenue of these exports amounted to $1.85 billion, increasing by 19.7 percent as compared to January-April 2011.

In the January-April period this year, Turkey's rebar exports to the US, one of the largest rebar export destinations of Turkey, increased 77.5 percent, while rebar exports to the UAE decreased by 42.6 percent, both compared to the same period last year.

Turkey's top 10 rebar export destinations in April 2012:

Country

Volume (mt)

 April 2012

April 2011

 Jan-Apr 2012

Jan-Apr 2011

Iraq

 92,291

76,971

 368,603

 253,810

UAE

 92,111

54,031

 341,928

 596,060

Saudi Arabia

 57,806

309

 150,220

 81,278

Israel

 52,441

18,194

 150,225

 85,893

Peru

 48,664

52,494

 103,862

 116,042

Yemen

 29,020

60,102

 168,944

 108,183

Egypt

 27,789

13,502

 148,879

 69,710

US

 24,965

18,550

 240,895

 135,712

Ethiopia

 23,305

35,284

 130,126

 46,456

Colombia

 17,245

5,143

 37,586

 6,132


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