In February this year, Turkey’s wire rod exports amounted to 144,273 metric tons, up by 107.0 percent compared to January and by 186.2 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $90.55 million, increasing by 111.5 percent compared to the previous month and growing by 151.8 percent year on year.
In the January-February period, Turkey's wire rod exports amounted to 213,955 mt, up 121.9 percent, while the value of these exports increased by 95.8 percent to $133.36 million, both year on year.
In the given period, Turkey’s largest wire rod export destination was Romania which received 64,241 mt. Romania was followed by Belgium with 37,965 mt and Bulgaria with 11,606 mt.
Turkey’s top 10 wire rod export destinations in January-February period this year:
Country |
Amount (mt) |
|
|
|
|
|
|
January- February 2023 |
January-February 2024 |
Y-o-y change (%) |
February 2023 |
February 2024 |
Y-o-y change (%) |
Romania |
6,771 |
64,241 |
848.8 |
3,029 |
49,208 |
1524.6 |
Belgium |
- |
37,965 |
- |
- |
33,700 |
- |
Bulgaria |
2,474 |
11,606 |
369.1 |
2,473 |
7,809 |
215.8 |
Israel |
50,322 |
11,387 |
-77.4 |
28,228 |
4,562 |
-83.8 |
Australia |
10,320 |
9,865 |
-4.4 |
3,788 |
2,297 |
-39.4 |
Other countries |
- |
8,403 |
- |
- |
- |
- |
Egypt |
2,794 |
7,790 |
178.8 |
2,497 |
5,160 |
106.6 |
Bosnia-Herzegovina |
- |
7,609 |
- |
- |
- |
- |
Italy |
1,088 |
7,150 |
557.2 |
1,088 |
3,000 |
175.7 |
Senegal |
1,000 |
7,028 |
602.8 |
1,000 |
- |
- |
Turkey’s main wire rod export destinations on country basis in January-February period this year are presented below:
