Turkish PPGI exports down 27.8 percent in July from June

Thursday, 04 September 2014 12:13:22 (GMT+3)   |   Istanbul

According to the data provided by the Turkish Statistical Institute (TUIK), in the January-July period of this year Turkey's pre-painted galvanized iron (PPGI) exports amounted to 101,712 mt, decreasing by 29.55 percent, while the revenue from these exports totaled $101.24 million, down 33.93 percent, both on year-on-year basis. Turkey's PPGI exports had totaled 202,109 metric tons in 2013.
 
In July this year, Turkey's PPGI exports decreased by 27.82 percent compared to June, amounting to 18,455 metric tons. The revenue from these exports amounted to $18.35 million, down 28.54 percent month on month.
 
With imports of 7,294 mt of PPGI from Turkey in June, down 58.46 month on month, and imports of 40,290 mt of PPGI in the first seven months of this year, down 40.95 percent year on year, Russia was Turkey's leading PPGI export destination in the given periods, ahead of Azerbaijan and Romania. In the first seven months, Azerbaijan's PPGI imports from Turkey decreased by 26.84 percent to 9,578 mt, while Romania received 8,164 mt of PPGI from Turkey in this period, down 18.44 percent year on year. 


Turkey's top ten PPGI export destinations in the first seven months of this year:

 

Country Amount (mt)
January-July
  2014
January-July 2013 Y-o-y change (%) July 2014 June 2014 M-o-m change (%)
Russia 40,290 68.227 -40,95 7.294 17.560 -58,46
Azerbaijan 9,578 13.091 -26,84 2.170 1.137 90,85
Romania 8,164 10,010 -18,44 1.194 1.836 -34,97
Algeria 7,066 3,932 79,70 3.179 74 -
Bulgaria 5,594 6,127 -8,70 890 791 12,52
Pakistan 3,828 197 - - 2.130 -
Libya 3,604 8,326 -56,71 281 435 -35,40
Georgia 3,130 3,048 2,69 461 502 -8,17
Austria 2,769 11,210 -75,30 - 18 -
Greece 1,826 3,457 -47,18 1.012 298 -

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