Turkey’s rebar exports increase by 17.5 percent in January-April

Wednesday, 03 June 2020 17:35:52 (GMT+3)   |   Istanbul
       

In April this year, Turkey's rebar exports amounted to 392,677 metric tons, down 24.3 percent compared to March and increasing by 16.7 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $171.96 million, decreasing by 22.4 percent compared to March and up 5.5 percent year on year.

Meanwhile, in the first four months of this year, Turkey's rebar exports amounted to 1.94 million metric tons, up 17.5 percent year on year, while the revenue generated by these exports totaled $835.72 million, rising by 6.9 percent compared to the same period of 2019.

In the given period, Turkey's largest rebar export destination was Yemen which received 397,257 metric tons, up 3.37 percent year on year. Yemen was followed by Israel with 271,940 metric tons and the US with 203,024 metric tons.
 
Turkey's top 10 rebar export destinations in January-April 2020:

Country

Amount (mt)

 

 

 

 

 

 

January- April 2020

January- April 2019

Y-o-y change (%)

April 2020

April 2019

Y-o-y change (%)

Yemen

397,257

384,319

3.37

25,700

50,010

-48.61

Israel

271,940

250,939

8.37

67,180

62,906

6.79

US

203,024

17,819

-

59,364

-

-

Singapore

131,406

58,739

123.71

1,015

4,621

-78.04

Ethiopia

113,919

63,194

80.27

6,924

20,140

-65.62

Hong Kong

99,000

-

-

99,000

-

-

Djibouti

52,901

44,248

19.56

2,174

11,100

-80.41

Jamaica

40,326

48,440

-16.75

16,638

27,883

-40.33

Malaysia

38,656

33,746

14.55

382

15,852

-97.59

Senegal

33,304

23,971

38.93

6,394

195

-


Turkey's main rebar export destinations on country basis in January-April this year are presented below:


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