Turkey's rebar exports down 4.86% in Jan-Oct

Monday, 09 December 2013 13:45:22 (GMT+3)   |   Istanbul

According to the data provided by the Turkish Statistical Institute (TUIK), in October  this year Turkey's rebar exports amounted to 693,031 metric tons, decreasing by 2.95 percent year on year and up 10.65 percent from the previous month.  Meanwhile, the revenue generated by these exports totaled $397.88 million, falling by 7.23 percent compared to October 2012 and up 9.34 percent from the previous month.

 

On the other hand, in the first 10 months of the current year Turkey's rebar exports stood at 6.64 million metric tons, down 4.86 percent year on year, while the total revenue of these exports amounted to $3.89 billion, decreasing by 11.86 percent as compared to January-October 2012.

In October this year, the largest rebar export destination for Turkey was Iraq with exports amounting to 137,801 metric tons. Iraq was followed by the UAE with 107,806 metric tons and Yemen with 99,879 metric tons. Meanwhile, in the first 10 months of the year, Iraq remained Turkey's top rebar export destination, receiving 1.24 million metric tons.

Turkey's top 10 rebar export destinations in January-October 2013:

Country Volume (mt)
Jan-Oct. 2013 Jan-Oct. 2012 Oct. 2013 Oct. 2012
Iraq 1,236,884 1,004,096 137,801 122,944
UAE 969,999 804,989 107,806 72,293
Yemen 495,565 387,280 99,879 60,199
US 457,936 415,425 22,486 45,175
Saudi Arabia 440,289 570,637 - 39,309
Israel 408,347 367,609 21,259 19,373
Libya 333,388 272,192 34,665 42,338
Ethiopia 229,281 253,226 6,314 17,748
Brazil 171,983 121,298 39,242 26,156
Peru 162,071 137,564 5,979 3,878

 

Turkey's main rebar export destinations on country basis in the first 10 months of this year are presented in the chart below:


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