Finance

Press release… Agriculture Secretary Tom Vilsack announced today that the U.S. Department of Agriculture is allocating 300 million dollars to 66 U.S. organizations, under the new Regional Agricultural Promotion Program (RAPP), to build demand for American food and farm exports in high-potential markets around the globe. Secretary Vilsack launched RAPP …

Press release… Izmir and Samsun provinces decided to join forces in fresh fruit and vegetable and fruit and vegetable products sectors… Izmir, one of the leading cities in Türkiye’s fresh fruit and vegetable and fruit and vegetable products exports, will share and coach its experiences in the production and export …

Press release… With the participation of 45 representatives from 17 different countries, FEAP (Federation of European Aquaculture Producers) General Assembly was held on 23-24 May at Wyndham Grand Istanbul Levent Hotel in Istanbul with the organisation of Aegean, Istanbul and Mediterranean Aquaculture and Animal Products Exporters’ Associations. TURQUALITY and Development …

Press release… The share of the Far East market in the exports of fresh fruit and vegetable and fruit and vegetable products sectors, which bring more than 6 billion dollars in foreign currency to Türkiye annually, is increasing above average. Türkiye ramped up its exports of fruit and vegetable products …

Press release… Germany is the most important trade partner of Türkiye and is one of the countries it exports the most as of 2023. In order to strengthen over 100 years of Turkish-German trade relations and to create new cooperation opportunities, the German-Turkish Economic Day on Food was organised in …

Global grain production projected to increase by 8 million tonnes year-on-year in 2024, says head of International Association of Operative Millers Eurasia (IAOM)… Despite the continuing Russia-Ukraine war, global grain production is expected to increase by 8 million tonnes year-on-year in 2024, according to the head of the International Association …

Ali Kopuz, Chair of the Istanbul Commodity Exchange (ISTIB), stated that the expectation of yield and stock situation in olive oil shows that there is about twice as much oil as the need in the domestic market. Ali Kopuz “For this reason, we believe that bulk exports of olive oil …

Press release… The Turkish fishery sector, which has become one of the locomotive sectors of exports in Türkiye since the beginning of the 2000s, has ramped up its exports by 65 percent in the last 5 years, from 1 billion to 1.7 billion dollars. Sinan Kızıltan Sinan Kızıltan, Chairman of …

Wheat buyers in Asia, Africa and the Middle East, which account for two-thirds of global imports of the staple, have been caught out with relatively little supply after adverse weather in Russia and Europe unexpectedly sent prices surging 30 percent since April. Ole Houe Importers who had been buying cargoes …

Press release… Türkiye exported 255 billion 800 million dollars in 2023, while Germany made an import of 21 billion 79 million dollars. Germany was represented with a share of 8.3 percent in Türkiye’s exports. After Germany, the country Türkiye exported the most was the United States of America with 14.8 …