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Turkey’s rebar exports decrease by 48 percent in January-August

Monday, 16 October 2023 16:02:29 (GMT+3)   |   Istanbul

In August this year, Turkey’s rebar exports amounted to 370,830 metric tons, up by 12.1 percent compared to July and down by 35.8 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $218.56 million, rising by 6.4 percent compared to the previous month and declining by 42.7 percent year on year.

Meanwhile, in the January-August period of this year, Turkey’s rebar exports amounted to 2.10 million metric tons, down by 48.0 percent compared to the same period last year, while the revenue generated by these exports totaled $1.37 billion, falling by 55.0 percent year on year.

Turkey’s top 10 rebar export destinations in the first eight months of this year:

Country

Amount (mt)

 

 

 

 

 

 

January-August 2023

January-August 2022

Y-o-y change (%)

August 2023

August 2022

Y-o-y change (%)

Israel

480,278

697,908

-31.2

102,087

84,250

+21.2

Yemen

424,455

486,532

-12.8

55,630

83,996

-33.8

Ethiopia

193,750

60,391

+220.8

48,052

10,343

+364.6

Senegal

87,486

127,929

-31.6

11,899

39,754

-70.1

Panama

84,277

71,879

+17.2

14,264

3,683

+287.3

Northern Cyprus

82,250

55,331

+48.7

11,805

6,475

+823.0

US

79,939

325,322

-75.4

-

47,876

-

Jamaica

67,392

131,431

-48.7

-

10,934

-

Djibouti

61,211

59,906

+2.2

13,141

13,692

-4.0

Syria

50,049

61,226

-18.3

13,035

12,331

+5,7

Turkey’s main rebar export destinations on country basis in the January-August period this year are presented below:


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