Turkey: Grain exports reached 7.8 billion dollars in 8 months

According to the statement of Turkish Food Exporters (TGI), wheat flour exports from the top three product groups in the period in question were 870 million dollars, pasta exports were 643 million dollars, and sweet biscuits and wafers exports were 616 million dollars. In the sector where total exports to Iraq increased by 7.4 percent to 1.4 billion dollars, the USA ranked second with 427 million dollars of exports despite a 9.6 percent decrease. Ahmet Tiryakioğlu, Chairman of TİM Cereals, Pulses, Oil Seeds and Products Sector Board, whose views were included in the statement, said, "We were expecting the increase in wheat supply and stocks in the world to pull prices down." Tiryakioğlu noted that the remaining part of the year was in line with the estimates and said, "We, as a country, experienced an export revenue loss of nearly 100 million dollars due to the decline in wheat flour exports compared to last year. This loss is due to the decreasing prices in the world, as well as ...