Turkey: 4 billion dollars worth of grain was exported in 4 months

Published 2024년 5월 10일

Tridge summary

Turkish Food Exporters reached foreign sales of 884 million dollars in April, with the Iraq market seeing a 15.6% increase in income and the USA ranking second despite a 15.2% decrease. Products like biscuits-cake, wheat flour, sugar, and sugar products were the most exported. The sector faces challenges such as fluctuations in food prices due to geopolitical risks and climate disasters, but expects to be optimistic in the second half of the year. Turkey is expected to surpass 7.2 million hectares in wheat planting area, leading to wheat production of 20 million tons. The government's agricultural policies are credited for this success.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the statement made by Turkish Food Exporters, the sector, whose exports exceeded 1 billion dollars every month during the first quarter, achieved foreign sales of 884 million dollars in April, calculated with the missing working day due to Ramadan Feast. In this period, the income from the Iraq market, where the most exports were made, increased by 15.6 percent, and the USA ranked second despite a 15.2 percent decrease. Biscuits-cake, wheat flour, sugar and sugar products were the most exported products. Ahmet Tiryakioğlu, Chairman of the Cereals, Pulses, Oil Seeds and Products Sector Board of the Turkish Exporters Assembly (TİM), whose evaluations were included in the statement, stated that the recent fluctuations in food prices, where many factors such as geopolitical risks and climate disasters negatively affect the stability of commodity prices, pose a problem for global food suppliers. he pointed out. Tiryakioğlu used the following statements: "For example, we ...
Source: Haber7

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.