Quotas on imports of sunseed and sunflower oil came into force in Turkey

Published 2025년 1월 7일

Tridge summary

Turkey has set tariff quotas for the import of sunflower seeds and oil from January 1 to April 30, 2025. The quotas allow for the import of 1 million tonnes of sunflower seeds or the equivalent of 400 thousand tonnes of sunflower oil. Imports of sunflower seeds within the quota will be tax-exempt, while imports of sunflower oil will be subject to a 20% tariff. This policy is designed to stabilize domestic supplies and support local producers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Turkey has allocated tariff quotas for imports of sunflower seeds and sunflower oil for the period from January 1 to April 30, 2025. The quotas allow to import 1 mln tonnes of sunflower seeds or the equivalent of 400 thsd tonnes of sunflower oil. This was reported by Bulent Ozsoy, broker at Atria Brokers and advisor to ASAP Agri. “Imports of sunflower seeds within the quota will be taxed at 0%, while imports of sunflower oil will be taxed at 20%,” explained Ozsoy. This policy is aimed at balancing domestic supplies while supporting local producers in a certain period. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp. It is a multi-functional online platform ...

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