Turkey’s PPGI exports up 59.8 percent in Q1

Tuesday, 23 May 2017 12:21:17 (GMT+3)   |   Istanbul
       

According to the data provided by the Turkish Statistical Institute (TUIK), in March this year Turkey's pre-painted galvanized iron (PPGI) exports amounted to 11,234 mt, down 1.7 percent month on month and up 39 percent year on year, while the revenue from these exports totaled $10.5 million, rising by five percent compared to February and up 66.3 percent compared to the same month of 2016. 
 
In the January-March period this year, Turkey’s PPGI exports increased by 59.8 percent to 26,773 mt, while the revenue from these exports amounted to $24.4 million, up 83 percent, both year on year.
 
Algeria was Turkey's leading PPGI export destination in the first quarter, with imports of 3,620 mt of PPGI from Turkey. In the given period, Algeria was followed by Bulgaria and the US, whose PPGI imports from Turkey amounted to 2,963 mt and 2,631 mt respectively.
 
Turkey's main PPGI export destinations in January-March period of this year:
 

Country

Amount (mt)

 

 

 

 

 

 

Jan-Mar 2017

Jan-Mar 2016

Y-o-y change (%)

March 2017

March 2016

Y-o-y change (%)

Algeria

3,620

1,950

85.64

113

1,731

-93.47

Bulgaria

2,963

2,476

19.67

1,334

1,537

-13.21

USA

2,631

-

-

631

-

-

Romania

2,310

1,092

111.54

449

673

-33.28

 

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