Turkey’s wire rod exports up 35.3 percent in 2018

Thursday, 14 February 2019 17:44:05 (GMT+3)   |   Istanbul
       

According to the data provided by the Turkish Statistical Institute (TUIK), in December last year Turkey's wire rod exports increased by 49.77 percent year on year to 248,377 metric tons, up 34.6 percent compared to the previous month. The revenue from these exports amounted to $132.1 million, up 32.1 percent month on month and rising by 45.5 percent compared to the same month of the previous year.

Last year, Turkey's wire rod exports increased by 35.3 percent to 1.84 million mt, while the revenue from these exports went up by 60 percent to $1.05 billion, both year on year.

In the given period, Turkey's largest wire rod export destination was Israel which received 364,409 metric tons. Israel was followed by Belgium with 315,830 metric tons and the Netherlands with 220,497 metric tons.
 
Turkey's main wire rod export destinations in 2018:

Country

Amount (mt)

 

 

 

 

 

 

2018

2017

Y-o-y change (%)

December 2018

December 2017

Y-o-y change (%)

Israel

364,409

287,226

26.87

63,385

45,927

38.01

Belgium

315,830

44,740

605.92

21,371

-

-

Netherlands

220,497

104,110

111.79

52,325

29,386

78.06

Romania

98,803

33,949

191.03

1,000

1,039

-3.75

Italy

93,757

68,850

36.18

3,248

13,500

-75.94

Spain

71,864

44,102

62.95

-

3,444

-

Haiti

67,603

78,410

-13.78

6,600

286

2207.69

Singapore

61,117

106,714

-42.73

18,513

-

-


Turkey's main wire rod export destinations on country basis in 2018 are presented in the chart below:


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