Turkey’s rebar exports decrease 14.4 percent in Q1

Wednesday, 08 May 2019 15:13:44 (GMT+3)   |   Istanbul
       

In March this year, Turkey's rebar exports amounted to 418,871 metric tons, up 19.2 percent compared to February and decreasing by 20.5 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $200.87 million, increasing by 25.4 percent compared to February and down 31.9 percent year on year.

Meanwhile, in the first quarter of this year, Turkey's rebar exports amounted to 1.32 million metric tons, down 14.4 percent year on year, while the revenue generated by these exports totaled $620.57 million, falling by 26.3 percent compared

In the given period, Turkey's largest rebar export destination was Yemen which received 337,666 metric tons, up 36.5 percent year on year. Yemen was followed by Israel with 188,036 metric tons and the UK with 59,757 metric tons.
 
Turkey's top 10 rebar export destinations in January-March 2019:

Country

Amount (mt)

 

 

 

 

 

 

January-March 2019

January- March 2018

Y-o-y change (%)

March 2019

March 2018

Y-o-y change (%)

Yemen

337,666

247,473

36.45

104,456

54,023

93.35

Israel

188,036

163,910

14.72

51,269

43,449

18.00

UK

59,757

39,301

52.05

-

9,879

-

Singapore

54,118

16,666

224.72

-

-

-

Netherlands

46,154

75,693

-39.02

22,549

27,976

-19.40

Ethiopia

43,056

34,096

26.28

12,596

25,195

-50.01

Romania

38,143

27,397

39.22

17,252

11,908

44.88

Panama

35,166

62,931

-44.12

16,614

37,985

-56.26

Djibouti

33,149

21,955

50.99

7,769

6,332

22.69

Ireland

32,714

19,650

66.48

-

-

-


Turkey's main rebar export destinations on country basis in the January-March this year are presented below:


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