Turkey: 294 million dollars worth of sunflower oil exports from the Southeast in 7 months

Published 2024년 8월 22일

Tridge summary

Grain exports from Southeastern Anatolia surpassed 2.5 million tons in seven months, driven by significant pasta and sunflower oil exports, according to GAİB. The region contributed 62.9% of Turkey's pasta exports and 55.7% of sunflower oil exports by value, with sunflower oil exports reaching $294 million. Celal Kadooğlu, Chairman of the Southeastern Anatolia Cereals, Pulses, Oil Seeds and Products Exporters' Association, discussed the impact of extreme heat on sunflower harvests and a presidential decree allowing a tariff quota for importing 1 million tons of oil sunflower next year. He stressed the need to include refining businesses in this regulation to prevent unfair competition and ensure fair pricing, while also noting the increasing international demand for regional brands.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the statement made by GAİB, total grain exports from the region in 7 months exceeded 2.5 million tons. Firms in the region exported a total of 586 thousand tons of pasta and 247 thousand tons of sunflower oil. According to this data, 62.9 percent of Turkey's total pasta exports and 55.7 percent of sunflower oil exports were made from the Southeastern Anatolia region in terms of value. Sunflower oil exports from the region reached 294 million dollars in the 7-month period. Celal Kadooğlu, the Chairman of the Southeastern Anatolia Cereals, Pulses, Oil Seeds and Products Exporters' Association, whose views were included in the statement, stated that extreme heat affected the sunflower harvest and noted: "In this process, an important step was taken regarding imports with a presidential decree in order to ensure product supply security and positively affect pricing behaviors. With the decree published in the Official Gazette, a tariff quota was opened for 1 million tons ...
Source: Haber7

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