Turkey’s wire rod exports up 5.8 percent in January-June

Wednesday, 03 August 2022 13:35:26 (GMT+3)   |   Istanbul
       

According to the data provided by the Turkish Statistical Institute (TUIK), in June this year Turkey's wire rod exports decreased by 18.0 percent year on year to 89,775 metric tons, down 42.0 percent compared to the previous month. The revenue from these exports amounted to $80.90 million, down 43.2 percent month on month and increasing by 2.7 percent compared to the same month of 2021.

Meanwhile, in the January-June period of this year, Turkey's wire rod exports amounted to 641,621 metric tons, up 5.8 percent year on year, while the revenue generated by these exports totaled $550.39 million, increasing by 40.1 percent compared to the same period of 2021.

In the given period, Turkey's largest wire rod export destination was Israel which received 158,399 metric tons. Israel was followed by Romania with 86,145 metric tons and the Netherlands with 68,911 metric tons.

Turkey's main wire rod export destinations in January-June 2022:

Country

Amount (mt)

 

 

 

 

 

 

January-June 2022

January-June 2021

Y-o-y change (%)

June 2022

June 2021

Y-o-y change (%)

Israel

158,399

126,224

25.49

28,808

16,007

79.97

Romania

86,145

28,322

204.16

19,143

6,923

176.51

Netherlands

68,911

85,851

-19.73

211

-

-

Canada

36,168

34,330

5.35

204

3,170

-93.56

Italy

32,491

17,910

81.41

3,052

2,409

26.69

Senegal

29,555

13,864

113.18

-

8,013

-

Spain

20,449

12,763

60.22

4,600

7,083

-35.06

Ivory Coast

19,157

23,888

-19.80

-

16,876

-

Morocco

17,097

18,713

-8.64

-

161

-

Bulgaria

15,988

1,887

747.27

11,449

682

1578.74

Turkey's main wire rod export destinations in January-June:


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