Turkey's iron ore imports up 2.7 percent in January-May

Tuesday, 23 July 2019 17:06:11 (GMT+3)   |   Istanbul
       

In May this year, Turkey's iron ore imports totaled 992,277 mt, increasing by 75.7 percent compared to Arpil and down 5.4 percent as 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 increased by 44.5 percent to $138.6 million year on year, up 236.2 percent as compared to April. In April this year, Turkey’s iron ore imports totaled 564,630 mt, while the value of these imports was $41.22 million.

 

Meanwhile, in the January-May period of this year, Turkey's iron ore imports amounted to 4.36 million metric tons, up 2.7 percent year on year, while the revenue generated by these imports totaled $420.64 million, increasing by 6.7 percent compared to same period of 2018.

In the given period, Turkey's iron ore imports from Brazil stood at 2.34 million mt, up 38.67 percent year on year. Brazil was followed by Sweden which supplied 715,032 mt, while Turkey's iron ore imports from Canada in the given period amounted to 338,206 mt.

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

Country

Amount (mt)

   

 

 

 

 

January-May 2019

January- May 2018

Change (%)

May 2019

May 2018

Change (%)

Brazil

2,339,437

1,687,085

38.67

414,151

544,822

-23.98

Sweden

715,032

815,391

-12.31

149,901

167,018

-10.25

South Africa

338,206

336,284

0.57

171,466

-

-

Canada

338,078

328,643

2.87

165,716

165,327

0.24

Ukraine

201,238

243,826

-17.47

44,631

56,091

-20.43

Russia

198,402

488,914

-59.42

46,390

115,559

-59.86

Australia

164,140

277,390

-

-

-

-

India

68,010

-

-

-

-

-


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


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