TİM: Food exports amounted to 2.8 billion dollars in three months

According to data released by the Turkish Exporters Assembly, the cereals, legumes, oilseeds, and their products sector realized $2.8 billion in exports in the first three months of the year. Quantity decreased, unit price increased While the export quantity in the sector decreased by 24.6% compared to the same period last year, the value-based decrease remained at 11.5% due to a 17.4% increase in unit prices in dollar terms. Sunflower oil at the top In terms of product groups, the highest export was sunflower oil, which reached $316.8 million with a 17.2% increase. Chocolate and cocoa-based products ranked second with $248.7 million, down 14.7%. Exports of sweet biscuits, wafers, and pasta exceeded $200 million. Decline in the Middle East market A 40.1% decline in exports to Iraq led to a 25.3% contraction across the Middle East. In contrast, exports to Iran increased by 4%, reaching $68 million. Global risks affecting food trade Ahmet Tiryakioğlu, President of the TİM Cereals, ...