Turkey’s iron and steel exports decline 43.4 percent in 2009

Monday, 04 January 2010 17:06:41 (GMT+3)   |  
       

In 2009, Turkey's iron and steel exports declined 43.4 percent compared to 2008, while a year-on-year decrease of 4.41 percent in the country's iron and steel exports was registered in December.

According to the statistics released on January 4 by the Turkish Exporters' Association, Turkey's ferrous and non-ferrous metal exports in December last year amounted to a value of $443.74 million, increasing by 43.26 percent year on year and up 0.25 percent over November, while the country's iron and steel exports declined 4.41 percent year on year and were down 6.95 percent month on month, totaling $849.31 million.

Meanwhile, in January-December 2009, Turkey's ferrous and non-ferrous metal exports slid 27.29 percent year on year to $4.49 billion while the country's iron and steel exports totaled $11.03 billion, decreasing by 43.4 percent.

Turkey's top ten iron and steel export destinations in December and for the whole of 2009 are as follows:

Country

December 2009 ($)

2009 ($)

Egypt

38,451,308

1,370,409,639

UAE

64,228,297

974,862,072

Iraq

69,360,536

845,619,131

Algeria

37,444,363

597,417,166

Libya

43,775,930

545,789,996

Saudi Arabia

56,299,395

453,346,936

Italy

11,838,322

301,019,157

Yemen

50,272,395

293,909,257

Romania

16,092,964

278,510,016

Iran

17,681,137

276,661,915


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