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Turkey’s wire rod exports down 59 percent in January-July

Thursday, 14 September 2023 12:29:54 (GMT+3)   |   Istanbul

In July this year, Turkey’s wire rod exports amounted to 50,693 mt, up by 17.8 percent compared to June and down by 55.8 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $32.30 million, increasing by 11.3 percent compared to the previous month and dropping by 64.4 percent year on year.

Meanwhile, in the January-July period of this year, Turkey’s wire rod exports amounted to 289,410 mt, down 59.0 percent compared to the same period of last year, while the revenue generated by these exports totaled $200.39 million, falling by 66.5 percent year on year.

Turkey’s main wire rod export destinations in the first seven months of this year:

Country

Amount (mt)

 

 

 

 

 

 

January-July 2023

January-July 2022

Y-o-y change (%)

July 2023

July 2022

Y-o-y change (%)

Israel

134,756

170,546

-21.0

21,005

11,948

+75.8

Romania

29,815

85,285

-65.0

13,581

-

-

Australia

26,387

15,239

+73.2

3,620

4,554

-20.5

Chile

10,154

10,155

-

5,369

-

-

Spain

10,068

13,478

-25.3

-

3,010

-

Senegal

8,030

40,932

-80.4

-

11,376

-

Paraguay

7,777

8,197

-5.1

999

82

-

Egypt

6,634

6,283

+5.6

-

3,166

-

Canada

5,287

37,692

-86.0

231

1,524

-84.8

Haiti

5,060

15,218

-66.7

-

9,055

-

Turkey’s main wire rod export destinations in the January-July period this year:


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