In June this year, Turkey’s wire rod exports amounted to 98,704 metric tons, up by 141.6 percent compared to May and by 129.4 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $59.18 million, increasing by 133.9 percent compared to the previous month and by 103.9 percent year on year.
In the January-June period, Turkey's wire rod exports amounted to 528,022 mt, up 121.5 percent, while the value of these exports increased by 94.1 percent to $325.68 million, both year on year.
In the given period, Turkey’s largest wire rod export destination was Romania which received 175,281 mt. Romania was followed by Bulgaria with 47,887 mt and Belgium with 34,548 mt.
Turkey’s top 10 wire rod export destinations in the January-June period this year:
Country |
Amount (mt) |
|
|
|
|
|
|
January-June 2023 |
January-June 2024 |
Y-o-y change (%) |
June 2023 |
June 2024 |
Y-o-y change (%) |
Romania |
16,234 |
175,281 |
979.7 |
- |
52,048 |
- |
Bulgaria |
2,474 |
47,887 |
>1000.0 |
- |
14,973 |
- |
Belgium |
1 |
34,548 |
>1000.0 |
- |
- |
- |
Spain |
10,067 |
30,661 |
204.6 |
3,500 |
3,501 |
- |
Australia |
22,769 |
28,767 |
26.3 |
4,660 |
4,421 |
-5.1 |
Italy |
1,088 |
24,828 |
>1000.0 |
- |
4,039 |
- |
Bosnia-Herzegovina |
- |
24,333 |
- |
- |
5,530 |
- |
Israel |
113,752 |
22,128 |
-80.5 |
14,633 |
- |
- |
Chile |
4,875 |
13,101 |
168.7 |
- |
4,198 |
- |
Egypt |
6,382 |
11,050 |
73.1 |
236 |
- |
- |
Turkey’s main wire rod export destinations on country basis in the January-June period this year are presented below:
