Turkey's chrome ore exports down 44.2 percent in September from August

Monday, 17 November 2014 14:09:08 (GMT+3)   |   Istanbul

In September this year, Turkey's chrome ore exports amounted to 71,666 metric tons, down 54 percent compared to September 2013 and declining by 44.2 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The revenue generated by these exports totaled $16.36 million, down 48.1 percent year on year and decreasing by 45 percent on month-on-month basis.

Meanwhile, in the first nine months of this year, Turkey's chrome ore exports decreased by 26.5 percent to 1.19 million metric tons, while the value of these exports declined by 16.9 percent to $274.47 million, both on year-on-year basis.

In the first nine months of the current year, Turkey's chrome ore exports to China, which is the largest destination for chrome ore exports from Turkey, amounted to 945,799 mt, down 37.1 percent year on year. Sweden followed China in the period in question, importing 173,218 mt of chrome ore from Turkey.

Turkey's top 10 chrome ore export destinations in the first nine months of this year are as follows:

Country Amount (mt)          
  January-September 2014 January-September 2013 Y-o-y change (%) September 2014 September 2013 Y-o-y change (%)
China 945,799 1,504,154 -37.12 67,895 127,009 -46.54
Sweden 173,218 55,264 213.44 - 24,312 -
Belgium 34,364 29,382 16.96 2,515 2,530 -0.59
Umman 17,076 - - - - -
Ukraine 4,341 8,028 -45.93 504 - -
Japan 3,017 1,730 74.39 21 - -
S. Africa 3,015 1 - - - -
Austria 2,300 1,950 17.95 350 300 16.67
Brazil 2,176 - - - - -
Slovakia 1,975 175 - 250 150 66.67

 
Turkey's chrome ore export destinations in the January-September period of this year can be seen in the graph below:

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