Politics

Turkey’s wire rod exports down 57.4 percent in January-August


In August this year, Turkey’s wire rod exports amounted to 73,190 mt, up by 44.2 percent compared to July and down by 49.8 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $44.48 million, increasing by 37.6 percent compared to the previous month and dropping by 56.4 percent year on year.

Meanwhile, in the January-August period of this year, Turkey’s wire rod exports amounted to 362,618 mt, down 57.4 percent compared to the same period of last year, while the revenue generated by these exports totaled $244.90 million, falling by 65.1 percent year on year.

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

Country

Amount (mt)

 

 

 

 

 

 

January-August 2023

January-August 2022

Y-o-y change (%)

August 2023

August 2022

Y-o-y change (%)

Israel

166,993

197,541

-15.5

32,185

26,995

+19.2

Romania

49,227

95,458

-48.4

19,412

10,173

+90.8

Australia

33,109

22,764

+45.4

6,720

7,524

-10.7

Chile

10,154

10,155

Spain

10,067

17,478

-42.4

3,999

Paraguay

8,853

8,470

+4.5

1,076

273

+294.1

Senegal

8,031

53,620

-85.0

12,688

Egypt

6,733

10,413

-35.3

98

4,130

-97.6

Canada

5,337

42,762

-87.5

49

5,070

-99.0

Haiti

5,060

28,752

-82.4

13,534

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



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