In February this year, Turkey's iron ore imports totaled 298,672 mt, falling by 68.4 percent compared to January and down 23.11 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 76.1 percent month on month to $21.2 million and was down 34.8 compared to February 2018.
Meanwhile, in the first two months of this year, Turkey's iron ore imports amounted to 1.25 million metric tons, down 4.8 percent year on year, while the revenue generated by these imports totaled $109.9 million, decreasing by 4.05 percent compared to same period of 2018.
In the given period, Turkey's iron ore imports from Brazil stood at 929,827 mt, up 57.32 percent year on year. Brazil was followed by Sweden which supplied 190,023 mt, while Turkey's iron ore imports from Ukraine in the given period amounted to 99,004 mt.
Turkey's iron ore import sources in the January-February period are as follows:
|
Country |
Amount (mt) |
|
|
|
||
|
|
January-February 2019 |
January-February 2018 |
Change (%) |
February 2019 |
February 2018 |
Change (%) |
|
Brazil |
929,827 |
591,026 |
57.32 |
249,144 |
249,823 |
-0.27 |
|
Sweden |
190,023 |
235,839 |
-19.43 |
- |
- |
- |
|
Ukraine |
99,004 |
44,604 |
121.96 |
49,501 |
- |
- |
|
Russia |
26,104 |
202,945 |
-87.14 |
- |
37,592 |
- |
Turkey's iron ore import sources in the first two months of the current year can be seen in the graph below:
