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Turkey’s PPGI exports decrease by 33 percent in Q1

Monday, 23 May 2016 15:34:52 (GMT+3)   |   Istanbul
       
According to the data provided by the Turkish Statistical Institute (TUIK), in March this year Turkey's pre-painted galvanized iron (PPGI) exports amounted to 8,082 mt, rising by 105.2 percent compared to the previous month and down 16.7 percent year on year, while the revenue from these exports totaled $6.3 million, up 90.9 percent month on month and falling 28 percent compared to the same month of 2015. 

During the first three months of the current year, Turkey’s PPGI exports decreased by 33 percent to 16,752 mt, while the revenue from these exports amounted to $13.3 million, down 41.5 percent, both year on year.
 
Bulgaria was Turkey's leading PPGI export destination in the January-March period, with imports of 2,476 mt of PPGI from Turkey. In the given period, Bulgaria was followed by Algeria and Libya, with Algeria’s PPGI imports from Turkey amounting to 1,950 mt, while Libya received 1,475 mt of PPGI from Turkey in this period.
 
Turkey's main PPGI export destinations in the January-March period:
 

Country

Amount (mt)

 

 

 

 

 

 

January- March 2016

January- March 2015

Y-o-y change (%)

March 2016

March 2015

Y-o-y change (%)

Bulgaria

2,476

2,191

13.01

1,537

1,010

52.18

Algeria

1,950

239

-

1,731

89

-

Libya

1,475

1,494

-1.27

245

827

-70.37

Romania

1,092

881

23.95

673

290

132.07

Georgia

941

996

-5.52

400

554

-27.80

 

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