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Turkey’s rebar exports decrease by 50 percent in January-July

Wednesday, 13 September 2023 15:34:15 (GMT+3)   |   Istanbul

In July this year, Turkey’s rebar exports amounted to 329,657 metric tons, up by 7.4 percent compared to June and down by 12.5 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $205.72 million, rising by 3.7 percent compared to the previous month and declining by 27.5 percent year on year.

Meanwhile, in the January-July period of this year, Turkey’s rebar exports amounted to 1.73 million metric tons, down by 50.0 percent compared to the same period last year, while the revenue generated by these exports totaled $1.15 billion, falling by 56.7 percent year on year.

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

Country

Amount (mt)

 

 

 

 

 

 

January-July 2023

January-July 2022

Y-o-y change (%)

July 2023

July 2022

Y-o-y change (%)

Israel

377,556

613,658

-38.5

78,240

40,846

+91.5

Yemen

368,619

402,536

-8.4

74,078

5,731

-

Ethiopia

145,671

50,048

+191.1

32,347

5,291

+511.4

US

79,939

277,446

-71.2

-

70,862

-

Senegal

75,590

88,175

-14.3

-

10,182

-

Northern Cyprus

70,562

48,856

+44.4

9,387

5,552

+69.1

Panama

70,123

68,196

+2.8

8,123

18,595

-56.3

Jamaica

67,389

120,497

-44.1

9,992

28,901

-65.4

Djibouti

48,070

46,214

+4.0

23,161

700

-

Iraq

41,397

64,459

-35.8

19,297

16,430

+17.4

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


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