Turkiye: The target for seafood exports is 2 billion dollars

Published 2024년 4월 16일

Tridge summary

Turkey's export of aquatic products, including fish, crustaceans, molluscs, and other aquatic invertebrates, has seen a notable increase from $962 million in 2019 to over $1.54 billion by 2022, totaling $6.42 billion in sales abroad over five years. The main export destinations include Russia, Italy, the UK, and the Netherlands. Despite this growth in exports, imports of aquatic products have seen fluctuations, amounting to around $1.08 billion in the same timeframe, with Norway being the primary source. The rise in exports is largely attributed to the expansion of aquaculture in Turkey, focusing on species like trout, sea bream, sea bass, and Black Sea salmon. The Central Union of Fisheries Cooperatives is aiming to increase the export value of aquatic products to over $2 billion in the near future.

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

Original content

According to information compiled from Turkish Statistical Institute data, the export increase in aquatic products in the categories of fish, crustaceans, molluscs and other aquatic invertebrates continues. In this field, approximately 962 million 233 thousand dollars were exported in 2019, 1 billion 8 million 993 thousand dollars in 2020, 1 billion 294 million 359 thousand dollars in 2021 and 1 billion 540 million 27 thousand dollars in 2022. Aquaculture exports increased by 67.6 percent last year compared to 2019, reaching 1 billion 612 million 724 thousand dollars. Thus, while the export increase in these products continues, total sales abroad reached 6 billion 418 million 335 thousand dollars in the 5-year period. MOST EXPORTS TO RUSSIA Considering last year, the highest export was made to Russia with 323 million 287 thousand dollars. This country was followed by Italy with 172 million 355 thousand dollars, the United Kingdom with 154 million 813 thousand dollars and the ...

Source: Bursahakimiyet