In five years, Turkey plans to export 1 billion dollars of olive oil and olives

Aegean Olive and Olive Oil Exporters' Association President Davut Er said that they aim to bring 1 billion dollars of foreign currency to the country in the next five years in olive oil and table olive exports. Speaking at the olive and olive oil sector 2021 evaluation meeting held in a hotel in the city, Er stated that Turkey is the country that consumes the least olive oil among the olive oil producing countries. Noting that VAT was reduced to 1 percent in olive and olive oil, along with many food products, with the President's decision, Er said that they believe this will find a positive response in the domestic market among consumers. Er stated that in the 2020-2021 season, exports of table olives amounted to 88 thousand tons with an increase of 5 percent on quantity basis, and 150 million dollars with an increase of 3 percent, and that Germany, Iraq, Romania, the USA and Bulgaria came to the fore in exports. Noting that between November 1, 2020 - October 31, 2021, when the ...