Turkey’s wire rod exports up 34 percent in January-November

Friday, 11 January 2019 15:24:54 (GMT+3)   |   Istanbul
       

According to the data provided by the Turkish Statistical Institute (TUIK), in November last year Turkey's wire rod exports increased by 42.7 percent year on year to 183,393 metric tons, down 3.5 percent compared to the previous month. The revenue from these exports amounted to $99.4 million, down 5.06 percent month on month and rising by 41.6 percent compared to the same month of the previous year.

In the January-November period of last year, Turkey's wire rod exports increased by 34 percent to 1.6 million mt, while the revenue from these exports went up by 62.1 percent to $916.9 million, both year on year.

In the given period, Turkey's largest wire rod export destination was Israel which received 300,279 metric tons. Israel was followed by Belgium with 294,036 metric tons and the Netherlands with 168,172 metric tons.
 
Turkey's main wire rod export destinations in the January-November period:

Country

Amount (mt)

 

 

 

 

 

 

Jan-Nov 2018

Jan-Nov 2017

Y-o-y change (%)

November 2018

November 2017

Y-o-y change (%)

Israel

300,279

241,298

24.44

40,809

22,828

78.77

Belgium

294,036

44,740

557.21

6,700

-

-

Netherlands

168,172

75,296

123.35

-

20,000

-

Romania

97,803

32,949

196.83

4,088

580

604.83

Italy

90,508

55,350

63.52

4,095

3,096

32.27

Spain

72,070

41,156

75.11

9,321

15,496

-39.85

Haiti

61,001

78,124

-21.92

3,930

-

-

Singapore

42,603

92,114

-53.75

10,571

12,704

-16.79


Turkey's main wire rod export destinations on country basis in the January-November period are presented in the chart below:


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