Turkey: Sets an export target of 14 billion dollars for 2024

Oil & Fats

Turkiye

Market & Price Trends

Published Jan 31, 2024

Tridge summary

Turkey's grains, pulses and oilseeds sector, accounting for 48% of the country's food product exports, reached $12.4 billion in 2023 and targets $14 billion in 2024. The Aegean Grains, Pulses, Oilseeds and Products Exporters' Association tripled its exports to $1.068 billion in a decade, exporting to 157 countries, with Algeria being the top destination. In 2024, the sector plans to participate in international fairs in UAE, Japan, US, Russia, and France, work on the 'Turkish Tastes' project in the US, and develop the 'Food Sustainability UR-GE Project' for sustainable production in line with the EU's Green Deal strategy.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The grains, pulses and oilseeds sector, which alone accounts for 48 percent of Turkey's food product exports, left 2023 behind at an export level of 12.4 billion dollars. It set an export target of 14 billion dollars for 2024. Speaking at the press conference held at the Aegean Exporters' Associations, Muhammet Öztürk, President of the Aegean Grains, Pulses, Oilseeds and Products Exporters' Association, stated that they have created an intensive marketing calendar to reach the export figure of 1.2 billion dollars from the Aegean Region for 2024. EXPORTS IN GENERAL IN TURKEY WERE DOUBLED AND TRIPLED IN THE AEGEAN REGION Öztürk, who informed that the grains, pulses and oilseeds sector had an export figure of 6.7 billion dollars in Turkey 10 years ago, increased its exports approximately 2 times and reached 12.4 billion dollars in 2023, and said, “In 10 years The 2-fold increase is a serious indicator of the success of our industry, considering the political and economic conditions ...

Source: Aydindenge