Export attack in the food industry of Turkey, the most exported products were announced

Published 2021년 10월 6일

Tridge summary

The article provides an analysis of Turkey's agricultural foreign trade performance in the first 8 months of 2021, as reported by the Turkish Statistical Institute and the TGDF Digital Data Panel. It highlights a 35.3% increase in the foreign trade balance, with exports rising by 18.8% to $13.8 billion and imports by 14% to $10.6 billion compared to the same period in the previous year. The articles emphasizes the significant monthly fluctuations in imports, particularly in the early months of 2021, and the positive trend in exports and foreign trade surplus, which reached $3.16 billion. The report also notes the dynamic nature of the most exported and imported products, such as flour, pasta, frozen chicken meat, soybean, wheat, and crude sunflower oil, and the dominant role of these commodities in the total trade volume. Furthermore, it points out the leading sectors and countries involved in the agricultural trade, highlighting the diversity of both export and import sectors and the significance of specific commodities and trade partners.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

With the statement made by TGDF, the data of the TGDF Digital Data Panel prepared by Agrimetre, based on the Foreign Trade Data announced by the Turkish Statistical Institute, were shared. According to the calculations that include all GTIP items between chapters 01 to 24 and selected products from chapters 29 and 35, the foreign trade balance of the sector increased by 35.3 percent in the first 8 months of 2021 compared to the same period of the previous year. According to the foreign trade data published within the framework of the Summary Trade System (ÖTS), exports increased by 18.8 percent compared to the same period of the previous year to 13.8 billion dollars, imports increased by 14 percent in the first 8 months of 2021, that is, in the 2/3 part. It increased by 6 to reach $10.6 billion. On a monthly basis, in August 2021, exports increased by 38 percent compared to the same month of the previous year and reached 1.74 billion dollars, while monthly imports increased by ...
Source: Haber7

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