Turkey Permits Duty-Free Wheat Imports To Boost Exports

Published 2025년 3월 21일

Tridge summary

Turkey has announced a new agricultural policy that includes allowing duty-free imports of wheat effective March 19, 2025, in an effort to stabilize domestic flour supply and increase export opportunities. The country also plans to import one million tons of yellow corn, primarily from the United States, to support its need for product exports. This policy shift aims to balance local market needs with export goals and is expected to have a positive impact on the agricultural sector, which is crucial for Turkey's economic performance and employment. The decision is part of Turkey's strategy to improve its standing in global grain markets while supporting local producers.

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

Original content

In a notable shift in its agricultural policy, Turkey has announced that it will allow duty-free imports of wheat as part of a strategy to enhance its flour exports. The Turkish Grain Industrialists Association citing a memorandum from the Grain Council. As of March 19, 2025, Turkey has officially permitted wheat imports exempt from tariffs. This decision marks a significant pivot from the restrictions imposed last summer, which were aimed at shielding local farmers from market price instability following a record harvest. In addition to the wheat import ruling, Turkey has unveiled plans to import one million tons of yellow corn, primarily sourced from the United States, to support its need for product exports. This move underscores Turkey’s growing demand for raw materials to bolster its agricultural export capabilities. The decision to roll back import restrictions comes at a crucial time for Turkey’s agricultural economy. By allowing duty-free wheat imports, the government ...

Source: UkrAgroConsult