Representatives of the Turkish Walnut Association will visit colleagues in California (USA) in June

Published 2023년 5월 5일

Tridge summary

The California Almond Board is planning to collaborate with the California Walnut Commission to welcome a delegation from the Turkish Nut Association in June. This move is part of the US Nuts Industrial Association's global trade strategy, targeting Turkey. Turkey, a significant market for US almonds, has seen a reduction in tariffs from 43% to 15% over the years, but a current tariff of 25% is still applied to American almonds. The US continues to be the primary supplier of almonds to Turkey, despite competition from countries like Spain and Australia. The US also leads in walnut imports to Turkey, although there has been a shift towards Chinese supplies in recent seasons.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The California Almond Board will work with the California Walnut Commission to host a delegation from the Turkish Nut Association in June, EastFruit reports citing the California Almond Board. Turkey is one of the countries that the US Nuts Industrial Association is considering as part of its global trade strategy. The Turkish government has reduced tariffs on imported almonds from 1 January 2018 from 43% to 15%; Turkey then imposed retaliatory tariffs of 20% on US almonds after the US announced Section 232 tariffs on imported steel and aluminum. In 2019, Turkey reduced the return tariff by 10%, and it remains so today. The current tariff for American almonds in Turkey is 25%. The United States is the main supplier of almonds to Turkey, which annually imports an average of $160 million worth of almonds (70% core and 30% inshell almonds). The US share of Turkish imports in 2022/21 was 75%, followed by Spain at 7.4% and Australia and Iran at 6.3% each. Uzbekistan, which supplies ...

Source: Eastfruit