Turkey’s rebar exports down 15 percent in H1

Wednesday, 08 August 2018 16:56:55 (GMT+3)   |   Istanbul
       

In June this year, Turkey's rebar exports amounted to 359,324 metric tons, up 3.2 percent compared to May and decreasing by 20 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $199.9 million, increasing by 4.2 percent compared to June 2017 and up 1.5 percent month on month.

In the first six months of the current year, Turkey's rebar exports amounted to 2.67 million mt, down 15 percent, while the value of these exports increased by 11 percent to $1.48 billion, both year on year.

In the given period, Turkey's largest rebar export destination was Yemen which received 409,645 metric tons, up 9.48 percent year on year. Yemen was followed by Israel with 284,257 metric tons and the US with 206,837 metric tons.
 
Turkey's top 10 rebar export destinations in the January-June period:

Country

Amount (mt)

 

 

 

 

 

 

Jan-Jun 2018

Jan-Jun 2017

Y-o-y change (%)

June 2018

June 2017

Y-o-y change (%)

Yemen

409,645

374,171

9.48

64,883

74,303

-12.68

Israel

325,550

361,233

-9.88

41,261

95,822

-56.94

US

212,118

534,972

-60.35

5,104

5,229

-2.39

Canada

172,468

89,249

93.24

29,158

28,000

4.14

Malaysia

113,500

82,129

38.20

9,149

1,016

800.49

Ethiopia

113,239

104,374

8.49

34,617

16,306

112.30

Romania

102,125

56,101

82.04

41,528

6,517

537.23

Netherlands

95,469

36,666

160.37

-

-

-

Panama

87,315

62,951

38.70

-

12,181

-

Germany

80,577

5,755

1300.12

-

7,700

-

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

 


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