Turkey’s iron ore imports decrease 2.9 percent in January-May

In May this year, Turkey's iron ore imports totaled 489,555 mt, decreasing by 60.5 percent compared to April and down 43.8 percent as compared to the same month of 2021, according to the statistics provided by the Turkish Statistical Institute (TUIK). The value of these imports decreased by 37.0 percent to $108.35 million year on year, while down 38.6 percent as compared to April.

In January-May this year, Turkey's iron ore imports amounted to 4.24 million mt, down 2.9 percent, while the value of these imports decreased by 18.0 percent to $593.0 million, both compared to the same period of 2021.

In the given period, Turkey's iron ore imports from Brazil stood at 1.67 million mt, down 18.2 percent year on year. Brazil was followed by South Africa which supplied 850,111 mt, while Turkey's iron ore imports from Sweden in the given period amounted to 659,333 mt.

Turkey's top iron ore import sources in January-May this year are as follows:

Turkey's iron ore import sources in January-May can be seen in the graph below: