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Türkiye’s rebar exports decreased by 48% during January-August 2023

In August this year, Turkey’s rebar exports reached 370,830 tonnes, an increase of 12.1% compared to July and a decrease of 35.8% year-on-year, according to preliminary data from the Turkish Statistical Institute (TUIK).

Meanwhile, the total revenue generated from these exports amounted to $218.56 million, an increase of 6% compared to July and a decrease of 42.7% compared to August 2022.

Meanwhile, from January to August this year, Türkiye’s rebar exports amounted to 2.10 million tonnes, down 48.0% compared to the same period last year, while the total revenue generated from these exports reached $1.37 billion, down 55.0% on an annual basis.

The largest importing Arab country in that period was Yemen, with a volume of 424,455 tonnes, followed by Djibouti, with a volume of 61,211 tonnes, and Syria, with a volume of 50,049 tonnes.

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