Turkey’s rebar exports down four percent in January-November

Tuesday, 03 January 2017 17:23:35 (GMT+3)   |   Istanbul

In November last year, Turkey's rebar exports amounted to 495,481 metric tons, down 3.5 percent compared to October and falling slightly by 0.3 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $198.7 million, increasing by 10.9 percent compared to November 2015 and up two percent month on month.

In the January-November period of last year, Turkey's rebar exports amounted to 6.16 million mt, falling by four percent, while the value of these exports decreased by 16 percent to $2.3 billion, both year on year.
 
In the given period, Turkey's largest rebar export destination was the US which received 1,215,080 metric tons, down 0.02 percent year on year. The US was followed by the UAE with 1,029,369 metric tons and Egypt with 766,001 metric tons.
 
Turkey's top 10 rebar export destinations in the first 11 months:

 

Country

Amount (mt)

         
 

Jan-Nov 2016

Jan-Nov 2015

Y-o-y change (%)

November 2016

November 2015

Y-o-y change (%)

USA

1,215,080

1,215,287

-0.02

141,718

89,071

59.11

UAE

1,029,369

1,155,267

-10.90

1,290

6,108

-78.88

Egypt

766,001

722,870

5.97

58,445

176,699

-66.92

Israel

605,134

424,132

42.68

49,390

43,279

14.12

Yemen

497,029

234,061

112.35

57,767

23,234

148.63

Iraq

346,935

598,479

-42.03

37,411

35,016

6.84

Ethiopia

187,554

241,435

-22.32

50,286

21,934

129.26

Colombia

148,243

80,269

84.68

17,767

-

-

Oman

123,254

158,651

-22.31

-

-

-

Saudi Arabia

107,317

129,114

-16.88

-

-

-

Turkey's main rebar export destinations on country basis in the first 11 months of last year are presented below:


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