In December last year, Turkey's iron ore imports totaled 1.22 million mt, increasing by 30.6 percent compared to November and down 33.5 percent as compared to the same month of 2020, according to the statistics provided by the Turkish Statistical Institute (TUIK). The value of these imports increased by 54.1 percent to $168.1 million year on year, while up 14.1 percent as compared to November.
Meanwhile, in 2021, Turkey's iron ore imports amounted to 11.26 million metric tons, up 14.1 percent year on year, while the revenue generated by these imports totaled $2.05 billion, increasing by 94.7 percent compared to 2020.
In the given period, Turkey's iron ore imports from Brazil stood at 5.82 million mt, up 8.4 percent year on year. Brazil was followed by Sweden which supplied 1.57 million mt, while Turkey's iron ore imports from Russia in the given period amounted to 1.25 million mt.
Turkey's iron ore import sources in 2021 are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
January-December 2021 |
January-December 2020 |
Change (%) |
December 2021 |
December 2020 |
Change (%) |
Brazil |
5,818,393 |
5,367,954 |
8,39 |
743,630 |
509,331 |
46 |
Sweden |
1,565,983 |
2,135,435 |
-26,67 |
166,550 |
164,982 |
0.95 |
Russia |
1,250,172 |
1,229,602 |
1,67 |
31,521 |
62,418 |
-49.50 |
Ukraine |
1,184,546 |
599,437 |
97,61 |
33,002 |
154,158 |
-78.59 |
S. Africa |
685,256 |
344,853 |
98,71 |
173,240 |
20 |
- |
Finland |
530,694 |
- |
- |
71,327 |
- |
- |
Mali |
143,807 |
22,521 |
538,55 |
- |
- |
- |
US |
61,292 |
- |
- |
- |
- |
Turkey's iron ore import sources in 2021 can be seen in the graph below:
