In April this year, Turkey's rebar exports amounted to 445,588 metric tons, down 30 percent compared to March and falling by 30.6 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $164.7 million, decreasing by 41.8 percent compared to April 2015 and down 21.4 percent month on month.
In the January-April period of this year, Turkey's rebar exports amounted to 2.4 million mt, falling 10 percent, while the value of these exports decreased by 35.9 percent to $795.4 million, both compared to the same period of the previous year.
In the given period, Turkey's largest rebar export destination was the USA which received 458,235 metric tons, up 11.11 percent year on year. The USA was followed by the UAE with 416,269 metric tons and Egypt with 403,233 metric tons.
Turkey's top 10 rebar export destinations in the first four months:
Country | Amount (mt) | |||||
January- April 2016 | January- April 2015 | Y-o-y change (%) | April 2016 | April 2015 | Y-o-y change (%) | |
USA | 458,235 | 412,400 | 11.11 | 152,600 | 42,744 | 257.01 |
UAE | 416,269 | 512,145 | -18.72 | 17,304 | 109,966 | -84.26 |
Egypt | 403,233 | 199,679 | 101.94 | 12,023 | 128,378 | -90.63 |
Israel | 277,596 | 171,188 | 62.16 | 109,070 | 64,542 | 68.99 |
Yemen | 195,718 | 210,828 | -7.17 | 55,954 | 30,889 | 81.15 |
Iraq | 124,337 | 293,785 | -57.68 | 30,267 | 94,222 | -67.88 |
Ethiopia | 81,002 | 55,551 | 45.82 | 17,646 | 24,897 | -29.12 |
Colombia | 56,614 | 26,761 | 111.55 | - | - | - |
Oman | 43,859 | 78,201 | -43.92 | - | 32,669 | - |
Chile | 43,291 | 26,472 | 63.54 | - | 10,242 | - |
Turkey's main rebar export destinations on country basis in the first four months of the current year are presented below:
