Turkey’s wire rod exports decrease by 61 percent in January-May

Monday, 10 July 2023 16:56:50 (GMT+3)   |   Istanbul
       

In May this year, Turkey’s wire rod exports amounted to 39,532 metric tons, up by 48.3 percent compared to April and down by 62.6 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $26.94 million, increasing by 36.6 percent compared to April and dropping by 73.0 percent year on year.

Meanwhile, in the January-May period of this year, Turkey’s wire rod exports amounted to 195,436 metric tons, down 61.0 percent compared to the same period of the last year, while the revenue generated by these exports totaled $138.89 million, falling by 67.5 percent year on year.

Turkey’s main wire rod export destinations in the January-May period this year:

Country

Amount (mt)

 

 

 

 

 

 

January-May 2023

January-May 2022

Y-o-y change (%)

May 2023

May 2022

Y-o-y change (%)

Israel

98,844

129,591

-23.7

14,756

24,831

-40.6

Australia

18,109

3,455

+424.0

2,182

4,134

-47.2

Romania

16,234

66,142

-75.5

4,552

12,747

-64.3

Spain

6,568

5,850

+12.3

­3,168

-

-

Egypt

6,398

3,117

+105.3

3,604

463

-

Paraguay

5,586

7,979

-30.0

1,142

485

+135.5

Haiti

5,060

6,163

-17.9

-

5,844

-

Canada

5,050

35,964

-86.0

4,563

1,767

+158.2

Chile

4,785

10,155

-52.9

-

5,084

-

Senegal

2,997

29,556

-89.9

-

7,584

-

Turkey’s main wire rod export destinations in the January-May period this year:


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