In August this year, Turkey's rebar exports amounted to 338,951 metric tons, down 18.1 percent compared to July and decreasing by 28 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $142.26 million, decreasing by 16.6 percent compared to July and down 33.9 percent year on year.
Meanwhile, in the January-August period of this year, Turkey's rebar exports amounted to 3.46 million metric tons, down 5.4 percent year on year, while the revenue generated by these exports totaled $1.46 billion, decreasing by 15.2 percent compared to the same period of 2019.
In the given period, Turkey's largest rebar export destination was Yemen which received 684,183 metric tons, up 14.75 percent year on year. Yemen was followed by Israel with 524,241 metric tons and the US with 322,705 metric tons.
Turkey's top 10 rebar export destinations in January-August 2020:
Country |
Amount (mt) |
|
|
|
|
|
|
January-August 2020 |
January- August 2019 |
Y-o-y change (%) |
August 2020 |
August 2019 |
Y-o-y change (%) |
Yemen |
684,183 |
596,221 |
14.75 |
68,122 |
56,572 |
20.42 |
Israel |
524,241 |
546,033 |
-3.99 |
70,691 |
72,732 |
-2.81 |
US |
322,705 |
37,538 |
759.68 |
24,701 |
19,718 |
25.27 |
Singapore |
234,242 |
387,083 |
-39.49 |
- |
116,13 |
- |
Hong Kong |
206,964 |
109,643 |
88.76 |
51,636 |
596 |
- |
Ethiopia |
123,668 |
151,221 |
-18.22 |
2,93 |
17,082 |
-82.85 |
Djibouti |
93,2 |
112,871 |
-17.43 |
2,224 |
5,267 |
-57.77 |
Australia |
80,234 |
53,564 |
49.79 |
21,204 |
10,052 |
110.94 |
Jamaica |
77,367 |
87,965 |
-12.05 |
- |
- |
- |
Lebanon |
74,94 |
69,352 |
8,06 |
14,284 |
13,835 |
3.25 |
Turkey's main rebar export destinations on country basis in the January-August period this year are presented below: