Turkey's iron ore imports down 3.4 percent in January-August

Tuesday, 23 October 2018 17:05:26 (GMT+3)   |   Istanbul
       

In August this year, Turkey's iron ore imports totaled 1.08 million mt, rising by 25 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 28.8 percent to $103.89 million compared to August 2017.

In the January-August period, Turkey's iron ore imports amounted to 7.16 million mt, down 3.4 percent, while the value of these imports decreased by 5.3 percent to $660.73 million, both year on year.

In the given period, Turkey's iron ore imports from Brazil stood at 2,981,771 mt, down 3.5 percent year on year. Brazil was followed by Sweden which supplied 1,339,901 mt, while Turkey's iron ore imports from Russia in the given period amounted to 760,798 mt.

Turkey's iron ore import sources in the January-August period 2017 are as follows:

Country

Amount (mt)

 

 

 

 

 

 

Jan-Aug 2018

Jan- Aug 2017

Y-o-y change (%)

August 2018

August 2017

Y-o-y change (%)

Brazil

2,981,771

3,090,507

-3.5

340,587

343,476

-0.8

Sweden

1,339,901

1,323,261

1.3

149,993

165,146

-9.2

Russia

760,798

892,260

-14.7

55,193

194,258

-71.6

Ukraine

510,624

958,575

-46.7

58,353

158,086

-63.1

Canada

506,643

508,619

-0.4

170,359

-

-

South Africa

500,295

493,622

1.4

171,652

-

-

Australia

277,390

-

-

-

-

-


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


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