Turkey’s wire rod exports up 20.4 percent in January-November

Thursday, 05 January 2017 13:42:03 (GMT+3)   |   Istanbul
       

According to the data provided by the Turkish Statistical Institute (TUIK), in November last year Turkey's wire rod exports decreased by 25.3 percent year on year to 48,017 metric tons, down 43.9 percent compared to the previous month. The revenue from these exports amounted to $18.9 million, down 42.7 percent month on month and falling by 15.1 percent compared to the same month of the previous year.

In the January-November period of last year, Turkey's wire rod exports amounted to 870,167 mt, rising by 20.4 percent, while the value of these exports increased by seven percent to $343.2 million, both year on year.
 
In the given period, Turkey's largest wire rod export destination was Israel which received 189,213 metric tons. Israel was followed by Egypt with 114,320 metric tons and the US with 102,601 metric tons.
 
Turkey's main wire rod export destinations in the January-November period:

 

Country

Amount (mt)

     
 

Jan-Nov 2016

Jan-Nov 2015

Y-o-y change (%)

November 2016

November 2015

Y-o-y change (%)

Israel

189,213

158,497

19.38

10,882

23,613

-53.92

Egypt

114,320

51,457

122.17

11,084

22,973

-51.75

USA

102,601

209,774

-51.09

10,882

23,613

-53.92

Netherlands

45,957

-

-

-

-

-

Morocco

44,179

17,282

155.64

-

-

-

Libya

44,095

35,228

25.17

-

-

-

Romania

33,644

34,240

-1.74

-

-

-

Spain

31,559

31,375

0.59

4,200

3,300

27.27

Iraq

27,074

25,340

6.84

3,098

2,852

8.63

Turkey's main wire rod export destinations on country basis in the first 11 months of last year are presented in the chart below:


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