Turkey's chrome ore exports up 11.55% in Q1

Thursday, 22 May 2014 16:28:38 (GMT+3)   |   Istanbul

In March this year, Turkey's chrome ore exports amounted to 193,602 metric tons, up 171.09 percent compared to March 2013 and up 23.74 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). The revenue generated by these exports totaled $43.13 million, up 158.46 percent year on year and increasing by 18.73 percent on month-on-month basis.

Meanwhile, in the first quarter of this year, Turkey's chrome ore exports increased by 11.55 percent to 496,903 metric tons, while the value of these exports rose 22.21 percent to $112.58 million, both on year-on-year basis.

In the first quarter of the current year, Turkey's chrome ore exports to China, which is the largest export destination, amounted to 366,629 mt, down 14.84 percent year on year. Sweden followed China in the period in question, importing 111,198 mt of chrome ore from Turkey.

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

Country Amount (mt)      
  Jan-Mar. 2014 Jan-Mar. 2013 Mar.14 Mar.13
China 366,629 430,538 127,745 63,074
Sweden 111,198 - 61,100 -
Belgium 9,915 9,531 3,868 4,333
Oman 6,288 - - 3,882
Japan 1,067 643 188 543
Austria 600 400 500 250
Slovakia 500 26 - -
Slovenia 200 402 100 -
Italy 198 - - -
Macedonia 196 106 49 -

 
Turkey's chrome ore export destinations in the first three months of this year can be seen in the graph below:


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