Turkey’s wire rod exports increase by 52.2 percent in January

Monday, 11 March 2024 14:57:48 (GMT+3)   |   Istanbul

In January this year, Turkey’s wire rod exports amounted to 69,984 metric tons, down by 33.8 percent compared to December and up by 52.2 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $43.01 million, declining by 33.8 percent compared to the previous month and growing by 33.8 percent year on year.

In the given month, Turkey’s largest wire rod export destination was Romania which received 15,741 mt, up 301.9 percent year on year. Romania was followed by Bosnia-Herzegovina with 7,858 mt and Senegal with 7,028 mt.

Turkey’s top 10 wire rod export destinations in January this year:

Country

Amount (mt) 

 

 

 

January 2024

January 2023

Y-o-y change (%)

Romania

15,035

3,741

+301.9

Bosnia-Herzegovina

7,858

-

-

Senegal

7,028

-

-

Israel

6,855

22,093

-68.9

Belgium

4,265

-

-

Italy

4,150

-

-

Bulgaria

3,799

-

-

Spain

3,718

2,950

+26.0

Australia

3,567

6,531

-45.4

Egypt

2,269

297

+663.9

Turkey’s main wire rod export destinations on country basis in January this year are presented below:

BoraKadıoğlu
Bora Kadıoğlu
Editor

I graduated from Boğaziçi University with a degree in Translation and Interpreting Studies. I have been working in the iron and steel sector for three years as a content specialist at SteelOrbis, mainly focusing on plant investments, steelmaking technology, and import/export statistics.


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