Turkey's iron ore imports down 5.9 percent in January-November

In November last year, Turkey's iron ore imports totaled 473,872 mt, decreasing by 35.6 percent compared to October and down 36.3 percent as compared to the same month of 2018, according to the statistics provided by the Turkish Statistical Institute (TUIK). The value of these imports decreased by 34.8 percent year on year to $45.12 million, down 49.1 percent as compared to October. In October last year, Turkey’s iron ore imports had amounted to 735,626 mt, while the value of these imports was $88.62 million.

Meanwhile, in the January-November period of last year, Turkey's iron ore imports amounted to 9.14 million metric tons, down 5.9 percent year on year, while the revenue generated by these imports totaled $990.1 million, increasing by 10.9 percent compared to the same period of 2018.

In the given period, Turkey's iron ore imports from Brazil stood at 5.02 million mt, up 16.88 percent year on year. Brazil was followed by Sweden which supplied 1.35 million mt, while Turkey's iron ore imports from Canada in the given period amounted to 669,473 mt.

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

Turkey's iron ore import sources in the first 11 months of last year can be seen in the graph below: