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Turkey’s steel exports in May down 8.89 percent in value from April

Wednesday, 01 June 2011 16:56:06 (GMT+3) |

According to the provisional foreign trade statistics compiled by the Turkish Exporters' Association (TIM), in May this year Turkey's steel exports totaled $1.33 billion in value, increasing by 13.63 percent year on year but down 8.89 percent from the previous month.

On the other hand, in the first five months of this year, Turkey's steel export value came to $6.47 billion, rising by 34.86 percent as compared to the corresponding period of the previous year.

Turkey's top ten steel export destinations in May 2011:

Country	Export value (x $1,000)	Month-on-month change (%)	Year-on-year change (%)
Italy	144,049	-15.14	265.13
Iraq	92,772	-14.39	37.16
USA	63,156	5.37	41.21
Saudi Arabia	55,585	7.16	-66.69
UAE	50,772	-44.83	-70.42
Israel	47,133	58.93	80.86
Egypt	44,849	107.28	33.63
Brazil	44,326	165.55	392.68
Morocco	43,873	110.14	22.01
Germany	42,989	-6.53	79.49

Tags: Turkey Non-EU Countries Mediterranean Middle East Steelmaking Imp/exp Statistics

Turkey’s steel exports in May down 8.89 percent in value from April

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