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Finance

GLOBAL HALAL MARKET STANDS AT 7 TRILLION DOLLARS…

The global halal market – mostly catering to Muslims but also attracting those who prefer thoroughly inspected products – currently stands at $7 trillion, Turkish sector officials said Thursday but added that Turkey needs to do more to acquire its fair share of the market. “Projects in this field gained …

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BİROL CELEP: IF YOU WANT TO BOOST ORGANIC PRODUCTION, YOU SHOULD INCREASE FARMING SUPPORTS

Press release… Increase the support for the organic sector and announce it on time… A call from the organic sector to “Introduce organic lessons in schools”… The organic sector will put children on its radar… The trend towards healthy, high quality and reliable food and textile products with the pandemic …

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HAYRETTİN UÇAK: FRESH GRAPE EXPORTS RUN TO 200 MILLION DOLLARS

Press release… Turkey’s fresh table grape exports soared by 36 percent from 118 million dollars to 160 million dollars in the 10-month period of 2021. Sultana grapes alone represented 78 percent of fresh grape exports. Hayrettin Uçak Superior grape, which is preferred by diabetes patients due to its low sugar …

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ÖZEN: WE SHOULD SAVE THE WATER AS OUR LIFE

Press release… A field day event was held in Dikili district of İzmir province with the aim of promoting and popularizing the use of subsurface drip irrigation system in cotton. The “Underground Drip Irrigation System” of the “Cottons are Drip Irrigated in Dikili” project, which is one of the 35 …

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ULUSOY: WE AIM TO EXCEED 1 BILLION THRESHOLD IN PASTA EXPORTS

Turkish Flour Industrialists’ Federation (TUSAF) President Eren Günhan Ulusoy stated that he believes the pasta industry will exceed the 1 billion dollar threshold in exports within two years. Eren Günhan Ulusoy, President of the Turkish Flour Industrialists’ Federation (TUSAF), said that the pasta industry in Turkey develops itself more and …

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EU’S AGRICULTURAL OUTPUT DOWN IN 2020…

While EU countries’ agricultural output in 2020 totaled $472B, France took the largest share… İSTANBUL The 27-member EU posted a decline in agricultural output in 2020, when pandemic measures hit the economy hard. Last year, EU countries’ total agricultural output totaled €414.1 billion ($472 billion), down 1.1% on a yearly …

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BİROL CELEP: TURKISH FOOD INDUSTRY SEE CHINA AS A STRATEGIC MARKET

Press release… Informing that Turkey took part in the China International Import Fair with 8 companies besides the Aegean Exporters’ Association stand, Aegean Exporters’ Associations Coordinator Chair Birol Celep said that, as the Turkish food industry, they see China as a strategic market. Birol Celep Pointing out that Shanghai Trade …

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FIRST HARVEST OF SWEET POTATOES BEGINS IN TORBALI DISTRICT OF İZMİR…

A local farmer named Şerafettin Baba is harvesting his first crop of colorful sweet potatoes in the Torbalı district of western Izmir province as a local venture he hopes will turn into a lucrative business. A pricey imported treat, Turkish farmers like Baba across the country are now growing their …

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KIWI PRODUCTION BRINGS 70 MILLION TL IN PROVINCIAL ECONOMY OF ORDU…

A contribution of 70 million liras came from the production of kiwi to the economy of Ordu province. Kemal Yılmaz, Ordu Provincial Director of Agriculture and Forestry, said, “This season, the kiwi harvest in Ordu is about 8,500 tonnes.” Kemal Yılmaz said that the kiwi, which has been harvested, will …

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TURKISH TEA EXPORTS CONTINUE TO RISE EVERY YEAR…

Tea, Turkish national beverage, which has an important place in the economy of the Eastern Black Sea Region and is one of the sectors that provides net foreign currency inflow in the country’s exports, continues its rising trend in exports every month. In the 10 months of 2021, 3,883 tonnes …

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