In June this year, Turkey's rebar exports amounted to 484,133 metric tons, up 63.9 percent compared to May and increasing by 39.3 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $196.62 million, increasing by 60.3 percent compared to May and up 20.3 percent year on year.
Meanwhile, in the first half of this year, Turkey's rebar exports amounted to 2.72 million metric tons, up 0.7 percent year on year, while the revenue generated by these exports totaled $1.15 billion, decreasing by 9.9 percent compared to the same period of 2019.
In the given period, Turkey's largest rebar export destination was Yemen which received 557,321 metric tons, down 7.85 percent year on year. Yemen was followed by Israel with 367,251 metric tons and the US with 289,767 metric tons.
Turkey's top 10 rebar export destinations in January-June 2020:
|
Country |
Amount (mt) |
|
|
|
|
|
|
|
January-June 2020 |
January-June 2019 |
Y-o-y change (%) |
June 2020 |
June 2019 |
Y-o-y change (%) |
|
Yemen |
557,321 |
499,082 |
-7.85 |
116,878 |
19,631 |
-52.61 |
|
Israel |
367,251 |
383,220 |
-6.3 |
47,246 |
41,198 |
-46.25 |
|
US |
289,767 |
17,819 |
- |
64,625 |
- |
- |
|
Singapore |
184,051 |
187,925 |
83.49 |
- |
87,828 |
26.37 |
|
Hong Kong |
155,328 |
50,220 |
9.07 |
55,208 |
- |
- |
|
Ethiopia |
113,634 |
106,122 |
99.36 |
- |
1,935 |
- |
|
Djibouti |
77,712 |
87,262 |
-4.55 |
15,452 |
21,771 |
-54.76 |
|
Jamaica |
63,766 |
77,178 |
-35.68 |
24,115 |
16,442 |
-32.93 |
|
Netherlands |
52,908 |
76,178 |
-21.91 |
3,880 |
- |
-87.41 |
|
Iraq |
51,059 |
45,540 |
-34.72 |
14,859 |
9,144 |
- |
Turkey's main rebar export destinations on country basis in January-June this year are presented below:
