Turkey’s rebar exports down 10 percent in January-July

Tuesday, 04 September 2018 17:41:12 (GMT+3)   |   Istanbul
       

In July this year, Turkey's rebar exports amounted to 437,719 metric tons, up 21.8 percent compared to June and increasing by 43.8 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $246.18 million, increasing by 81.9 percent compared to July 2017 and up 23.2 percent month on month.

In the first seven months of the current year, Turkey's rebar exports amounted to 3.10 million mt, down 10 percent, while the value of these exports increased by 17.5 percent to $1.72 billion, both year on year.

In the given period, Turkey's largest rebar export destination was Yemen which received 466,302 metric tons, up 13.16 percent year on year. Yemen was followed by Israel with 383,013 metric tons and the US with 263,571 metric tons.
 
Turkey's top 10 rebar export destinations in the January-July period:

Country

Amount (mt)

 

 

 

 

 

 

January-July 2018

January- July 2017

Y-o-y change (%)

July 2018

July 2017

Y-o-y change (%)

Yemen

466,302

412,086

13.16

59,699

34,315

73.97

Israel

383,013

404,775

-5.38

57,323

39,456

45.28

US

263,571

573,986

-54.08

51,453

38,600

33.30

Canada

231,830

118,185

96.16

58,709

28,935

102.90

Ethiopia

136,288

124,568

9.41

23,328

16,182

44.16

Malaysia

115,988

85,320

35.94

2,489

3,189

-21.95

Netherlands

115,469

36,666

214.92

20,000

-

-

Romania

113,896

61,397

85.51

19,105

5,297

260.68

Iraq

89,122

152,186

-41.44

12,666

25,524

-50.38

Panama

87,315

78,539

11.17

-

15,584

-

 

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


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