Turkey's rebar exports down 3.43 percent in 2013

Thursday, 13 February 2014 13:42:14 (GMT+3)   |   Istanbul

In December last year, Turkey's rebar exports amounted to 745,601 metric tons, decreasing by 4.25 percent year on year and up 6.93 percent from the previous month, according to the data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $433.98 million, decreasing by 5.80 percent compared to December 2012 and up 8.34 percent from the previous month.

On the other hand, in the whole of last year, Turkey's rebar exports stood at 8.06 million metric tons, down 3.43 percent year on year, while the total revenue from these exports amounted to $4.70 billion, decreasing by 9.84 percent as compared to 2012.

Last year, Turkey's largest rebar export destination was Iraq, which received 1.55 million metric tons, up 24.70 percent year on year. Iraq was followed by the UAE with 1.03 million metric tons and Yemen with 640,969 metric tons. Meanwhile, in the given year, strong decreases were registered in Turkey's supplies to some of its important rebar export destinations, with its rebar supplies to Lebanon down 68.63 percent, with its supplies to Egypt down 55.16 percent, and with Turkish rebar exports to Canada down 51.56 percent, all compared to 2012.
 
Turkey's top 10 rebar export destinations in 2013:

Country Volume (mt)
2013 2012 Dec. 2013 Dec. 2012
Iraq 1,554,607 1,246,726 164,722 104,84
UAE 1,034,760 979,66 45,303 114,615
Yemen 640,969 487,725 58,366 50,606
US 617,294 597,376 115,263 121,979
Israel 524,077 439,273 45,248 26,474
Saudi Arabia 503,225 677,342 41,851 74,557
Libya 390,428 361,649 26,901 64,519
Ethiopia 254,567 287,514 16,045 11,253
Peru 218,818 209,166 23,219 53,651
Brazil 207,707 147,864 32,597 -


Turkey's main rebar export destinations on country basis in 2013 are presented in the chart below:

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