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: