Destination
Former Arab Republic of Yemen
- Latest exports
- $372.0M
- Market share
- 96.7%
- Growth
- -11.5%
- Access
- 0.1% tariff
- Signal
- Growing
T3 · Product exporter position
Turkey exports of Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling (HS 721420)
See where Turkey stands in iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling: export scale, destination breadth, market position, growth, and reported trade history.
Latest exports
$1.8BLatest observed lane totalDestination markets
139Reported active marketsThree-year growth
-23.5%Annualized changeDestination HHI
645Destination concentrationWeighted share
57.7%Reported market positionExporter evidence
How strong is Turkey in Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling?
Reported exporter totals and calculated indicators for HS 721420. Values retain their observed coverage period.
Exporter scale
Latest exports$1.8B
Current 2024 exports$1.8B
Three-year average$2.4B
Historical peak$15.7B
Market position
Active destinations139
Destination HHI645
Weighted share57.7%
Share change+8.9 pp
Competitiveness
Three-year growth-23.5%
Volatility1.2
Maximum drawdown89.7%
TrendRapid decline
| Measure | Value | What it describes |
|---|---|---|
| Exporter | Turkey | Country represented by this profile |
| Latest observed exports | $1.8B | Sum of latest observed destination-lane values |
| Current 2024 exports | $1.8B | Common-year comparison where reported |
| Three-year growth | -23.5% | Annualized change in exporter totals |
| Five-year growth | -6.3% | Annualized change in exporter totals |
| Leading destination | YEM | Destination with the largest observed export value |
| Leading destination share | 20.3% | Share of observed exporter totals |
| Destination concentration | 645 | HHI across destination markets |
| Weighted share change | +8.9 pp | Value-weighted latest change in market share |
| Limited-history lanes | 11.5% | Share of lanes with shorter history |
Destination markets
Where does Turkey sell iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling?
Leading destination observations ranked by reported export value, with market position and access context.
| Destination | Latest exports | Market share | Growth | Access | Signal |
|---|---|---|---|---|---|
| Former Arab Republic of Yemen | $372.0M | 96.7% | -11.5% | 0.1% tariff | Growing |
| Albania | $123.8M | 61.7% | +13.2% | FTA reported | Accelerating |
| Romania | $119.7M | 41.7% | +20.5% | 0.2% tariff | Accelerating |
| State of Palestine | $97.9M | 77.6% | +7,623.3% | 0% tariff | Accelerating |
| Ethiopia | $85.2M | 82.5% | +19.4% | 0.3% tariff | Growing |
| Syrian Arab Republic | $71.0M | 100% | +2.1% | FTA reported | Growing |
| Serbia | $58.0M | 31.1% | +34.7% | 0% tariff | Accelerating |
| United Kingdom | $56.7M | 21.5% | +25.3% | FTA reported | Growing |
| USA, Puerto Rico and US Virgin Islands | $50.9M | 9.3% | -36.5% | 0% tariff | Stable |
| Panama | $48.3M | 61% | -5.2% | 0.1% tariff | Growing |
| Peru | $46.0M | 23.6% | -34.8% | 0.1% tariff | Growing |
| Djibouti | $45.5M | 83.4% | +54% | Not reported | Growing |
| Jamaica | $41.4M | 80.2% | -28% | 0.2% tariff | Growing |
| Cyprus | $39.9M | 19.3% | +21.8% | FTA reported | Accelerating |
| Israel | $38.2M | 11.1% | -59.2% | FTA reported | Growing |
Destination
Albania
- Latest exports
- $123.8M
- Market share
- 61.7%
- Growth
- +13.2%
- Access
- FTA reported
- Signal
- Accelerating
Destination
Romania
- Latest exports
- $119.7M
- Market share
- 41.7%
- Growth
- +20.5%
- Access
- 0.2% tariff
- Signal
- Accelerating
Destination
State of Palestine
- Latest exports
- $97.9M
- Market share
- 77.6%
- Growth
- +7,623.3%
- Access
- 0% tariff
- Signal
- Accelerating
Destination
Ethiopia
- Latest exports
- $85.2M
- Market share
- 82.5%
- Growth
- +19.4%
- Access
- 0.3% tariff
- Signal
- Growing
Destination
Syrian Arab Republic
- Latest exports
- $71.0M
- Market share
- 100%
- Growth
- +2.1%
- Access
- FTA reported
- Signal
- Growing
Destination
Serbia
- Latest exports
- $58.0M
- Market share
- 31.1%
- Growth
- +34.7%
- Access
- 0% tariff
- Signal
- Accelerating
Destination
United Kingdom
- Latest exports
- $56.7M
- Market share
- 21.5%
- Growth
- +25.3%
- Access
- FTA reported
- Signal
- Growing
Destination
USA, Puerto Rico and US Virgin Islands
- Latest exports
- $50.9M
- Market share
- 9.3%
- Growth
- -36.5%
- Access
- 0% tariff
- Signal
- Stable
Destination
Panama
- Latest exports
- $48.3M
- Market share
- 61%
- Growth
- -5.2%
- Access
- 0.1% tariff
- Signal
- Growing
Destination
Peru
- Latest exports
- $46.0M
- Market share
- 23.6%
- Growth
- -34.8%
- Access
- 0.1% tariff
- Signal
- Growing
Destination
Djibouti
- Latest exports
- $45.5M
- Market share
- 83.4%
- Growth
- +54%
- Access
- Not reported
- Signal
- Growing
Destination
Jamaica
- Latest exports
- $41.4M
- Market share
- 80.2%
- Growth
- -28%
- Access
- 0.2% tariff
- Signal
- Growing
Destination
Cyprus
- Latest exports
- $39.9M
- Market share
- 19.3%
- Growth
- +21.8%
- Access
- FTA reported
- Signal
- Accelerating
Destination
Israel
- Latest exports
- $38.2M
- Market share
- 11.1%
- Growth
- -59.2%
- Access
- FTA reported
- Signal
- Growing
Price intelligence
How does Turkey's price position vary?
Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.
Highest reported price
Former Arab Republic of Yemen: $140.6K / ton.
Lowest reported price
Hungary: $30.6 / ton.
Median price
$585.0 / ton across reported markets.
Export trend
Reported export history
Annual observations for Turkey and HS 721420 where available.
| Year | Exports | Year-on-year change | Active destinations |
|---|---|---|---|
| 2010 | $3.0B | -13.6% | 112 |
| 2011 | $4.2B | +37% | 110 |
| 2012 | $4.9B | +17.7% | 123 |
| 2013 | $4.3B | -12% | 119 |
| 2014 | $3.9B | -10.7% | 124 |
| 2015 | $2.9B | -24.6% | 117 |
| 2016 | $2.5B | -15.1% | 119 |
| 2017 | $2.3B | -8% | 123 |
| 2018 | $3.0B | +31% | 132 |
| 2019 | $2.5B | -16.3% | 137 |
| 2020 | $2.2B | -13.7% | 130 |
| 2021 | $4.0B | +87.2% | 136 |
| 2022 | $3.6B | -11.7% | 140 |
| 2023 | $1.9B | -46.6% | 137 |
| 2024 | $1.8B | -5% | 139 |
Exporter context
Turkey economy and trade network
The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 721420.
Turkey has reported exports of $266.5B and a trade balance of -$53.8B in 2024.
Available structural indicators include 37.9% trade openness, 27.5% investment, and 270 active trade partners.
Reported values
Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.
Calculated indicators
Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.
Coverage
Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.
Frequently asked questions
Questions about Turkey iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling exports
Quick answers based on the figures and coverage shown on this page.
How strong is this exporter?+
Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.
Which markets are most important?+
The destination table ranks reported markets by the latest observed export value.
Does the price section show quotes?+
No. It summarizes reported trade value and quantity observations converted to unit values.
What should be checked next?+
Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.