Turkey’s iron ore imports increase by 59.6 percent in January-April

Friday, 14 June 2024 11:11:49 (GMT+3)   |   Istanbul

In April this year, Turkey’s iron ore imports amounted to 1,068,509 metric tons, up by 24.8 percent compared to March and by 155.4 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the value of these imports totaled $140.35 million, increased by 13.8 percent compared to the previous month and rose by 126.7 percent year on year.

In the January-April period, Turkey's iron ore imports amounted to 3,601,802 mt, up 59.6 percent, while the value of these imports increased by 78.1 percent to $493.92 million, both year on year.

In the given period, Turkey’s largest iron ore import source was Brazil, which sold 1,909,860 mt. Brazil was followed by Ukraine with 618,243 mt and South Africa with 512,198 mt.

Turkey’s top 10 iron ore import sources in January-April period this year:

Country

Amount (mt)

 

 

 

 

 

 

January-April 2023

January-April 2024

Y-o-y change (%)

April 2023

April 2024

Y-o-y change (%)

Brazil

1,659,239

1,909,860

15.1

251,073

450,918

79.6

Ukraine

30,008

618,243

>1000.0

-

157,004

-

South Africa

60

512,198

>1000.0

-

168,331

-

Sweden

489,777

164,979

-66.3

159740

164,975

3.3

Uzbekistan

-

161,843

-

-

61,316

-

Russia

76,775

156,777

104.2

7549

65,954

773.7

Canada

-

77,719

-

-

-

-

Bulgaria

-

160

-

-

-

-

Germany

-

10

-

-

2

-

Netherlands

46

10

-78.3

-

10

-

Turkey’s main iron ore import sources on country basis in January-April period this year are presented below:

BoraKadıoğlu
Bora Kadıoğlu
Editor

I graduated from Boğaziçi University with a degree in Translation and Interpreting Studies. I have been working in the iron and steel sector for three years as a content specialist at SteelOrbis, mainly focusing on plant investments, steelmaking technology, and import/export statistics.

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