Turkey's iron ore imports up 46.2 percent in April over March

Tuesday, 17 June 2014 12:30:51 (GMT+3)   |   Istanbul

In April this year, Turkey's iron ore imports totaled 775,955 metric tons, increasing by 46.2 percent compared to March, but down 11.5 percent year on year, while the value of these imports amounted to $112.31 million, up 44.28 percent month on month and decreasing by 14.41 percent year on year, according to the statistics provided by the Turkish Statistical Institute (TUIK).


Meanwhile, in the first four months of the current year, Turkey's iron ore imports increased by 16.48 percent to 2.72 million metric tons, while the value of these imports totaled $397.29 million, up 20.16 percent, both on year-on-year basis.
 
In the first four months of this year, Turkey's iron ore imports from Brazil decreased by 7.58 percent year on year to 846,365 metric tons. Brazil was followed by Sweden which supplied 745,186 metric tons, up 46.64 percent year on year, while Turkey's iron ore imports from Finland in the given period amounted to 344,664 metric tons. Meanwhile, in April alone, Turkey's top iron ore source was Sweden with 414,184 metric tons.
 
Turkey's iron ore import sources in the first four months of this year are as follows:

 

Country Amount (mt)          
  Jan-Apr. 2014 Jan-Apr. 2013 Y-o-y change (%) Apr.14 Apr.13 Y-o-y change (%)
Brazil 846,365 915,823 -7.58 168,378 343,016 -50.91
Sweden 745,186 508,169 46.64 414,184 172,694 139.84
Finland 344,664 - - - - -
Ukraine 342,900 649,489 -47.20 29,150 282,863 -89.69
Russia 281,397 263,929 6.62 164,243 76,151 115.68
Canada 162,004 - - - - -
Norway 35 - - - - -


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


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