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Imports of semi-finished products increased by 10.5% in January-March period in Türkiye

Türkiye's imports of semi-finished products in March 2024 decreased by 2.7% annually and increased by 40.5% on a monthly basis.

Imports of semi-finished products increased by 10.5% in January-March period in Türkiye

SteelRadar compiled data from the Turkish Statistical Institute (TUIK) and reported that Türkiye's March 2024 imports of semi-finished products decreased by 2.7% yoy to 623,331 tons from 640,397 tons in the same month last year.

Compared to the previous month of February, this figure increased by 40.5%.

Total semi-finished product imports of Türkiye in the January-March 2024 period increased by 10.5% compared to the same period of the previous year, rising from 1 million 471,999 tons to 1 million 625,970 tons.

During this period, the country that Türkiye imported the most semi-finished products was Malaysia with 200,180.5 tons. Malaysia was followed by Russia with 151,915.9 tons, Indonesia with 93,467.6 tons, Algeria with 84,713.2 tons and Saudi Arabia with 54,830.8 tons.

The countries that Türkiye imported semi-finished products in the mentioned month are as follows;

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