Turkey's chrome ore exports double in October

Tuesday, 17 December 2013 14:57:26 (GMT+3)   |   Istanbul

In the first 10 months of the current year Turkey's chrome ore exports increased by 7.75 percent to 1.83 million metric tons, while the revenue from these exports amounted to $370.64 million, up 10.22 percent, both on year-on-year basis, according to the data provided by the Turkish Statistical Institute (TUIK).

On the other hand, in October this year Turkey's chrome ore exports amounted to 204,726 metric tons, up 108.23 percent compared to September 2012 and up 31.25 percent compared to previous month. The revenue generated by these exports totaled $40.42 million, up 102.08 percent year on year and rising by 28.09 percent on month-on-month basis.

In the January-October period this year, Turkey's largest and almost only export destination for chrome ore was China, which received 1.70 million mt, up 14.96 percent year on year. Sweden followed China in the period in question, importing 55,264 mt of chrome ore from Turkey, down 30.71 percent year on year.

Turkey's top 10 chrome ore export destinations in January-October of the current year are as follows:

Country Amount (mt)      
  Jan-Oct. 2013 Jan-Oct. 2012 Oct.2013 Oct.2012
China 1,704,065 1,482,280 199,951 90,735
Sweden 55,264 79,761  - 565
Belgium 32,665 23,297 3,283 2,551
Hong Kong 11,542 4,932  -  -
Ukraine 8,083 5,521 55  -
UK 6,428  -  -  -
Austria 2,45 1,502 500 250
Japan 2,274 2,148 545  -
India 1,972 11,607  - 1,087
Slovenia 1,327 500 338  -

Turkey's chrome ore export destinations in the period in question can be seen in the graph below:

 

 

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