According to the data provided by the Turkish Statistical Institute (TUIK), in October this year Turkey's wire rod exports decreased by 5.8 percent year on year to 119,597 metric tons, up 14.7 percent compared to the previous month. The revenue from these exports amounted to $57.05 million, up 21.5 percent month on month and decreasing by 3.1 percent compared to the same month of 2019.
Meanwhile, in the January-October period of this year, Turkey's wire rod exports amounted to 1.04 million metric tons, down 34.5 percent year on year, while the revenue generated by these exports totaled $471.89 million, decreasing by 41.3 percent compared to the same period of 2019.
In the given period, Turkey's largest wire rod export destination was Israel which received 277,630 metric tons. Israel was followed by Haiti with 117,337 metric tons and Morocco with 68,286 metric tons.
Turkey's main wire rod export destinations in January-October 2020:
Country |
Amount (mt) |
|
|
|
|
|
|
January-October 2020 |
January-October 2019 |
Y-o-y change (%) |
October 2020 |
October 2019 |
Y-o-y change (%) |
Israel |
277,630 |
356,342 |
-22.09 |
47,817 |
29,626 |
61.40 |
Haiti |
117,337 |
88,222 |
33.00 |
16,701 |
7,144 |
133.78 |
Morocco |
68,286 |
86,590 |
-21.14 |
- |
- |
- |
Netherlands |
60,000 |
128,240 |
-53.21 |
- |
25,027 |
- |
Egypt |
52,339 |
43,260 |
20.99 |
4,721 |
8,974 |
-47.39 |
Senegal |
47,619 |
54,216 |
-12.17 |
13,946 |
- |
- |
Singapore |
42,726 |
98,007 |
-56.41 |
- |
2,641 |
- |
Romania |
36,946 |
90,869 |
-59.34 |
142 |
7,115 |
-98.00 |
Dominican Republic |
18,160 |
32,710 |
-44.48 |
4,006 |
- |
- |
Australia |
17,785 |
31,849 |
-44.16 |
- |
32,857 |
- |
Turkey's main wire rod export destinations in January-October: