Iron and non-ferrous metals are among the products that our country exports abroad. With $12.3 billion in exports, it constitutes 5% of total exports. It is among the sectors with the highest export volume among industrial sectors.

According to October 2022 export data, exports of iron and non-ferrous metals increased by 2.8% compared to the previous year, reaching $1.06 billion.

Türkiye's exports in June 2023 fell by 10.5 percent to $20.9 billion. For the first six months of 2023, exports decreased by 1.08 percent, reaching $123.377 billion.

The decline in exports during the first six months was partly due to the nine-day holiday period, with the iron and non-ferrous metals and steel sectors being the most negatively affected. The steel sector saw a 42.1% decrease, while the iron and non-ferrous metals sector experienced an 18.8% drop. The iron and non-ferrous metals sector achieved $1 billion in exports during the first half of the year, while the steel sector achieved $1.3 billion.

These two sectors, which accounted for 13.4% of our country's exports in June, have increased their share in total exports despite the decrease seen in the data. In Türkiye's total export share, the iron and non-ferrous metals sector has a 6.1% share, and the steel sector has a 7.3% share.

At GoTradeGo , we provide the necessary support to small and medium-sized enterprises (SMEs) with our Foreign Trade Experts in order to increase and support the success of our country in the field of exports.

Demand is expected to increase in the second half of the year, and the Turkish iron and steel sector is projected to surpass its export target of $30 billion.

GoTradeGo will continue to provide the necessary attention and support to foreign trade in order to contribute to our country by increasing its export share…