Turkey's iron ore imports down 12.6 percent in January-May

Thursday, 19 July 2018 17:03:21 (GMT+3)   |   Istanbul
       

In May this year, Turkey's iron ore imports totaled 1.05 million mt, rising by 13.8 percent compared to the same month of the previous year, according to the statistics provided by the Turkish Statistical Institute (TUIK). The value of these imports decreased by 4.3 percent to $95.9 million compared to May 2017.

In the January-May period, Turkey's iron ore imports amounted to 4.25 million mt, down 12.6 percent, while the value of these imports decreased by 14.5 percent to $394.11 million, both year on year.
 
In the given period, Turkey's iron ore imports from Brazil stood at 1,687,086 mt, down 14.2 percent year on year. Brazil was followed by Sweden which supplied 815,391 mt, while Turkey's iron ore imports from Russia in the given period amounted to 488,911 mt.
 
Turkey's iron ore import sources in the January-May period 2017 are as follows:

Country

Amount (mt)

 

 

 

 

 

 

Jan-Feb 2018

Jan-Feb 2017

Y-o-y change (%)

February 2018

February 2017

Y-o-y change (%)

Brazil

1,687,086

1,966,372

-14.20

544,821

359,804

51.42

Sweden

815,391

819,387

-0.49

167,017

164,559

1.49

Russia

488,911

571,065

-14.39

115,556

308,679

-62.56

Canada

336,284

337,150

-0.26

-

-

-

South Africa

328,643

493,622

-33.42

165,326

-

-

Australia

277,390

-

-

-

-

-

Ukraine

243,826

531,666

-54.14

56,091

89,198

-37.12

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


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