In July this year, Turkey's rebar exports amounted to 420,532 metric tons, down 13.1 percent compared to June and decreasing by 14.9 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $173 million, decreasing by 12 percent compared to June and down 25.2 percent year on year.
Meanwhile, in January-July period of this year, Turkey's rebar exports amounted to 3.14 million metric tons, down 1.7 percent year on year, while the revenue generated by these exports totaled $1.32 billion, decreasing by 12.3 percent compared to the same period of 2019.
In the given period, Turkey's largest rebar export destination was Yemen which received 624,304 metric tons, up 15.7 percent year on year. Yemen was followed by Israel with 453,926 metric tons and the US with 298,334 metric tons.
Turkey's top 10 rebar export destinations in January-July 2020:
Country |
Amount (mt) |
|
|
|
|
|
|
January-July 2020 |
January-July 2019 |
Y-o-y change (%) |
July 2020 |
July 2019 |
Y-o-y change (%) |
Yemen |
624,304 |
539,648 |
15.69 |
66,982 |
40,566 |
65.12 |
Israel |
453,926 |
473,300 |
-4.09 |
86,676 |
90,080 |
-3.78 |
US |
298,334 |
17,819 |
- |
8,566 |
- |
- |
Singapore |
234,242 |
270,952 |
-13.55 |
50,190 |
83,026 |
-39.55 |
Hong Kong |
155,328 |
109,047 |
42.44 |
- |
58,826 |
- |
Ethiopia |
120,739 |
131,175 |
-7.96 |
7,102 |
28,016 |
-74.65 |
Djibouti |
92,678 |
107,604 |
-13.87 |
14,966 |
20,341 |
-26.42 |
Jamaica |
77,766 |
87,965 |
-11.59 |
14,000 |
10,786 |
29.80 |
Netherlands |
60,658 |
55,516 |
9.26 |
17,804 |
14,694 |
21.17 |
Iraq |
60,355 |
54,439 |
10.87 |
9,295 |
8,898 |
4.46 |
Turkey's main rebar export destinations on country basis in January-July this year are presented below: