Turkey’s rebar exports down 4.2 percent in January-August

Monday, 08 October 2018 15:13:41 (GMT+3)   |   Istanbul
       

In August this year, Turkey's rebar exports amounted to 535,850 metric tons, up 22.4 percent compared to July and increasing by 50.3 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $295.5 million, increasing by 80.9 percent compared to August 2017 and up 20 percent month on month.

In the first eight months of the current year, Turkey's rebar exports amounted to 3.64 million mt, down 4.2 percent, while the value of these exports increased by 24 percent to $2.02 billion, both year on year.

In the given period, Turkey's largest rebar export destination was Yemen which received 605,213 metric tons, up 44.4 percent year on year. Yemen was followed by Israel with 431,597 metric tons and the US with 303,531 metric tons.
 
Turkey's top 10 rebar export destinations in the January-August period:

Country

Amount (mt)

 

 

 

 

 

 

January-August 2018

January- August 2017

Y-o-y change (%)

August 2018

August 2017

Y-o-y change (%)

Yemen

605,213

419,018

44.4

139,989

7,584

-

Israel

431,597

482,301

-10.5

48,477

68,658

-29.4

US

303,531

604,097

-49.8

41,142

34,600

18.9

Canada

263,791

117,303

124.9

31,960

-

-

Ethiopia

165,017

143,140

15.3

28,930

16,416

76.2

Romania

144,827

70,890

104.3

30,946

9,493

226.0

Malaysia

122,110

85,320

43.1

6,122

-

-

Netherlands

115,987

51,666

124.5

-

15,000

-

Panama

100,057

79,259

26.2

12,743

-

-

Iraq

96,603

179,721

-46.2

7,481

27,535

-72.8


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


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