In February this year, Turkey's rebar exports amounted to 471,234 metric tons, down 15 percent compared to January and decreasing by 29.1 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $261.1 million, decreasing by 6.23 percent compared to February 2017 and down 11 percent month on month.
In the first two months of the current year, Turkey's rebar exports amounted to 1.02 million mt, down 17.6 percent, while the value of these exports increased by 5.5 percent to $551.8 million, both year on year.
In the given period, Turkey's largest rebar export destination was Yemen which received 195,741 metric tons, up 1.58 percent year on year. Yemen was followed by Israel with 121,126 metric tons and the US with 106,000 metric tons.
Turkey's top 10 rebar export destinations in January-February:
|
Country |
Amount (mt) |
|
|
|
|
|
|
|
Jan-Feb 2018 |
Jan-Feb 2017 |
Y-o-y change (%) |
February 2018 |
February 2017 |
Y-o-y change (%) |
|
Yemen |
195,741 |
192,687 |
1.58 |
109,705 |
96,920 |
13.19 |
|
Israel |
121,126 |
106,637 |
13.59 |
63,781 |
51,246 |
24.46 |
|
USA |
106,000 |
311,833 |
-66.01 |
88,636 |
144,042 |
-38.47 |
|
Hong Kong |
53,550 |
100,037 |
-46.47 |
- |
79,339 |
- |
|
Netherlands |
48,215 |
10,000 |
382.15 |
24,169 |
10,000 |
141.69 |
|
Malaysia |
44,399 |
21,789 |
103.77 |
9,749 |
14,531 |
-32.91 |
|
Germany |
41,148 |
- |
- |
26,345 |
- |
- |
|
Ethiopia |
34,293 |
53,901 |
-36.38 |
25,393 |
17,583 |
44.42 |
|
UK |
29,459 |
27,940 |
5.44 |
12,036 |
23,000 |
-47.67 |
|
Lebanon |
26,845 |
- |
- |
- |
- |
- |
Turkey's main rebar export destinations on country basis in January-February are presented below:
