Turkey: Southeast's 3-month grain exports reached 836.5 million dollars

Published 2024년 4월 15일

Tridge summary

In the first quarter, the Southeastern Anatolia region's exports in the grains, pulses, oilseeds, and products sector rose by 10 percent to $836.5 million, led by items such as pasta, wheat flour, and sunflower seed oil. Notably, exports of sweet biscuits, wafers, cocoa products, and sugar doubled, fueled by high demand for holiday candy and a drop in global sugar prices, with increased production in India and Thailand contributing to this trend. While exports to the Middle East increased by 15.4 percent, there was a 9.4 percent decline in sales to Africa. Celal Kadooğlu, the regional exporters association president, discussed the influence of global sugar price fluctuations on confectionery exports and expressed optimism that the Turkish President's visit to Iraq would improve trade relations, especially in light of Iraq's import restrictions.

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

Original content

The grains, pulses, oilseeds and products sector, which was the export leader in the Southeastern Anatolia region in the first quarter, increased its exports by 10 percent to 836.5 million dollars in the period between January and March. Among the basic food products of the region, pasta exports came first, followed by wheat flour, sunflower seed oil and sweet biscuits-wafers. While export growth approached 35 percent in sweet biscuits and wafers and 45 percent in cocoa products; The increase rate in the export of cocoa-free sugar and sugar products was approximately 120 percent. In this period, when goods sales to Africa decreased by 9.4 percent, there was a 15.4 percent increase in the Middle East, which is the largest export destination. “Our confectionery exports, where the cost of raw materials decreased, increased by 120 percent” Pointing out that the exports of sugar and sugar products doubled in the first quarter due to the high demand for holiday candy, Celal Kadooğlu, ...

Source: Iha