Turkish PPGI exports down 67.37% in Jan-Feb

Thursday, 03 April 2014 13:47:58 (GMT+3)   |   Istanbul

According to the data provided by the Turkish Statistical Institute (TUIK), in the first two months of this year Turkey's pre-painted galvanized iron (PPGI) exports amounted to 12,615 mt, decreasing by 67.37 percent, while the revenue from these exports totaled $14.04 million, down 65.24 percent, both on year-on-year basis. Turkey's PPGI exports had totaled 202,109 metric tons in 2013.
 
In February this year, Turkey's PPGI exports decreased by 53.26 percent year on year to 7,924 metric tons, but were up 68.96 percent month on month. The revenue from these exports amounted to $8.49 million, down 52.60 percent year on year and increasing by 52.73 percent month on month.
 
In the first two months of the current year, Turkey's main PPGI export destinations were Azerbaijan and Romania, with PPGI exports to Azerbaijan down 29.01 percent to 2,496 mt and exports to Romania decreasing by 49.28 percent to 2,117 mt, both on year-on-year basis. Meanwhile, in February this year Azerbaijan was Turkey's top export destination for PPGI, receiving 1,595 mt.
 
Turkey's top 10 PPGI export destinations in the first two months of this year:

Country Volume (mt)
Jan-Feb. 2014 Jan-Feb. 2013 Feb. 2014 Feb. 2013
Azerbaijan 2,496 3,516 1,595 388
Romania 2,117 4,174 1,164 1,737
Pakistan 1,364 - 1,364 -
Hungary 1,093 26 510 26
Libya 961 1,786 548 817
Georgia 648 808 245 439
Bulgaria 624 1,694 367 760
Sweden 312 76 312 -
Bosnia-Herzegovina 284 112 241 67
Algeria 226 124 131 25

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