Customs Duty Increased on Almond and Walnut Imports in Turkey

The Turkish President has made amendments to the import regime, as published in the Official Gazette. The customs tax rate for almond imports will increase from 2% to 15%. The cost will rise from USD 452 to USD 580 per metric ton (mt) for shelled almonds and from USD 818 to USD 942/mt for unshelled almonds. Similarly, the customs tax rate for walnut imports has been increased from 4% to 15%, with the additional financial liability increasing from USD 307 to USD 416/mt for shelled walnuts and from USD 573 to USD 1,099/mt for unshelled walnuts. Additionally, there is a 1% customs duty for almond imports from the United Arab Emirates (UAE) and a 2% duty for walnut imports. These regulations will take effect one month after their publication.