Turkey | Imports and Exports | World | Ferrous waste and scrap; remelting scrap ingots of iron or steel | Value (US$) and Value Growth, YoY (%) | 2010 - 2023
The value of exports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." from Turkey totalled $ 300 million in 2023. Sales of commodity group 7204 from Turkey went up by 2.09% compared to 2022: exports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." went up by $ 6.16 million (cumulative exports of commodity group 7204 from Turkey amounted $294 million in 2022)
Exports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." amounted to 0.117% of total exports from Turkey (cumulative merchandise exports from Turkey totalled $ 255 billion in 2023). The share of commodity group 7204 in total exports from Turkey increased by 0.001 p.p. compared to 2022 (it was 0.115% in 2022 and cumulative exports from Turkey were equal to $ 254 billion).
Exports of commodity group 7204 amounted to 3.39% of total sales of group "" from Turkey in 2023 (the value of exports of commodity group from Turkey amounted to $8.86 billion in 2023). The share of exports of commodity group 7204 in sales of commodity group from Turkey increased by 1.38 p.p. compared to 2022 (it was 2% in 2022, and exports of commodity group from Turkey were $14.6 billion).
Where does Turkey export Ferrous waste and scrap; remelting scrap ingots of iron or steel.?
Top export destinations of "Ferrous waste and scrap; remelting scrap ingots of iron or steel." from Turkey in 2023:
- India with a share of 31% (95 million US$)
- Spain with a share of 30% (92 million US$)
- Netherlands with a share of 13.3% (40 million US$)
- China with a share of 5.06% (15.2 million US$)
- Italy with a share of 4.88% (14.7 million US$)
- Finland with a share of 3.3% (9.94 million US$)
- Other Asia, nes with a share of 2.81% (8.47 million US$)
- Germany with a share of 2.15% (6.46 million US$)
- Korea with a share of 1.33% (4.02 million US$)
- Belgium with a share of 1.3% (3.92 million US$)
Exports structure of 7204 - Ferrous waste and scrap; remelting scrap ingots of iron or steel. - from Turkey in 2023 represented by the following main commodity groups:
- 88% (267 million US$): 720421 - Waste & scrap of stainless steel
- 6.67% (20 million US$): 720429 - Waste & scrap of alloy steel other than stainless steel
- 2.39% (7.19 million US$): 720449 - Ferrous waste and scrap; n.e.s. in heading no. 7204
- 1.77% (5.34 million US$): 720441 - Ferrous turnings, shavings, chips, milling waste, sawdust, filings, trimmings & stampings, whether or not in bundles
- 0.295% (888 thousand US$): 720410 - Waste & scrap of cast iron
- 0.002% (8.54 thousand US$): 720450 - Remelting ferrous scrap ingots
The value of imports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." to Turkey totalled $ 7.6 billion in 2023. Sales of commodity group 7204 to Turkey decreased by 21% in value terms compared to 2022. imports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." decreased by $ 2.11 billion (the value of imports of commodity group 7204 to Turkey was equal to $9.71 billion in 2022)
Imports of commodity group 7204 "Ferrous waste and scrap; remelting scrap ingots of iron or steel." accounted for 2.1% of total import flow to Turkey (in 2023, total imports to Turkey amounted to $ 361 billion). The share of commodity group 7204 in total imports to Turkey decreased by 0.572 p.p. compared to 2022 (it was 2.67% in 2022 and cumulative imports to Turkey were equal to $ 363 billion).
Imports of commodity group 7204 reached 31% of total imports of group "" to Turkey in 2023 (imports of commodity group to Turkey totalled $24 billion in 2023). The share of purchases of commodity group 7204 in imports of commodity group to Turkey went down by 2.79 p.p. compared to 2022 (it was 34% in 2022, and imports of commodity group to Turkey accounted for $28 billion).
Where does Turkey import Ferrous waste and scrap; remelting scrap ingots of iron or steel. from?
Top trading partners (import of "Ferrous waste and scrap; remelting scrap ingots of iron or steel.") of Turkey in 2023:
- USA with a share of 24% (1.85 billion US$)
- Netherlands with a share of 11.3% (861 million US$)
- Belgium with a share of 8.22% (625 million US$)
- United Kingdom with a share of 6.91% (525 million US$)
- Denmark with a share of 5.33% (405 million US$)
- Romania with a share of 4.98% (379 million US$)
- Germany with a share of 4.31% (328 million US$)
- Lithuania with a share of 4.06% (309 million US$)
- Venezuela with a share of 3.57% (272 million US$)
- France with a share of 2.72% (206 million US$)
Imports structure of 7204 - Ferrous waste and scrap; remelting scrap ingots of iron or steel. - to Turkey in 2023 represented by the following main commodity groups:
- 99% (7.55 billion US$): 720449 - Ferrous waste and scrap; n.e.s. in heading no. 7204
- 0.356% (27 million US$): 720429 - Waste & scrap of alloy steel other than stainless steel
- 0.124% (9.47 million US$): 720421 - Waste & scrap of stainless steel
- 0.123% (9.38 million US$): 720410 - Waste & scrap of cast iron
- 0.062% (4.75 million US$): 720450 - Remelting ferrous scrap ingots
- 0% (25 thousand US$): 720441 - Ferrous turnings, shavings, chips, milling waste, sawdust, filings, trimmings & stampings, whether or not in bundles
