Turkey will increase import duties on wheat, corn, and barley by 130% from May 1

Published 2023년 4월 25일

Tridge summary

Starting May 1, Turkey will impose a 130% import duty on wheat, corn, and barley due to a decision signed by President Tayyip Erdogan. The official government gazette Resmi Gazeta published the announcement. However, imports from Singapore will incur a lower fee of 16.2%, while imports from Bosnia and Herzegovina will remain duty-free. These conditions will be in effect until May 1, after which the current duty-free import of these products may change.

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Original content

The Turkish authorities introduce from May 1 130% import duties on wheat, corn and barley. The corresponding decision, signed by President Tayyip Erdogan, was published on Tuesday in the official government gazette Resmi Gazeta. The document contains a table with codes of plant products and regions from which new duties are imposed. For all regions, a customs duty of 130% is set. An exception is made for Singapore, part of the products from which can be imported into the republic with a fee of only 16.2%. In addition, zero duties are retained for Bosnia ...

Source: Kvedomosti