In December last year, Turkey’s iron ore imports amounted to 924,539 metric tons, up by 245.1 percent compared to November and down by 0.1 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these imports totaled $81.74 million, increasing by 160.3 percent compared to the previous month and down by 33.1 percent year on year.
In 2024, Turkey's iron ore imports amounted to 10,006,110 mt, up 12.6 percent, while the value of these imports increased by 8.7 percent to $1.21 billion, both year on year.
Turkey’s iron ore imports - 2024
In the given period, Turkey’s largest iron ore import source was Brazil, with 5,278,610 mt. Brazil was followed by Ukraine with 1,094,683 mt and Uzbekistan with 1,001,047 mt.
Turkey’s top 10 iron ore import sources in 2024:
| Country | Amount (mt) | |||||
| 2024 | 2023 | Y-o-y change (%) | December 2024 | December 2023 | Y-o-y change (%) | |
| Brazil | 5,278,610 | 5,460,860 | -3.3 | 583,955 | 678,369 | -13.9 |
| Ukraine | 1,094,683 | 581,562 | 88.2 | - | 82,391 | - |
| Uzbekistan | 1,001,047 | 70,553 | >1000.0 | 109,015 | - | - |
| Sweden | 989,927 | 1,479,847 | -33.1 | - | 165,017 | - |
| South Africa | 861,166 | 678,522 | 26.9 | 20 | 20 | - |
| Russia | 497,377 | 302,488 | 64.4 | 60,513 | - | - |
| Australia | 170,459 | - | - | 170,459 | - | - |
| Canada | 77,790 | - | - | - | - | - |
| Mali | 27,756 | - | - | - | - | - |
| Romania | 4,332 | 153,292 | -97.2 | 519 | - | - |
Shares in Turkey’s iron ore imports - 2024
