Finance

Press release… According to data from the Turkish Exporters Assembly (TİM), the five-month export value of the cereal, pulse, oilseed and processed products sector, which includes basic food products such as wheat flour, pasta, vegetable oils, biscuits, and sugar and cocoa products, was announced as 5.2 billion dollars. While cereal …

Press release… » The FAO Food Price Index* (FFPI) averaged 127.7 points in May 2025, down 1.0 points (0.8 percent) from April. While the price indices for dairy products and meat increased, they were more than offset by declines in those for cereals, sugar and vegetable oils. Overall, the FFPI was …

Murat Çağlar, Vice President of Bursa Leather Specialised and Mixed Organised Industrial Zone (OIZ), announced that 300-400 million dollars will be contributed to the economy with the processing of bovine skins to be slaughtered in the Feast of Sacrifice (Eid Al-Adha) Çağlar emphasised the points to be considered in the …

Press release… Another Geographical Indication Registration Success by Aydın Commodity Exchange! Aydın Commodity Exchange Chairman of the Board of Directors Fevzi Çondur emphasised that their work on the branding of agricultural products specific to Aydın has always yielded concrete and successful results. Stating that they have carried out exemplary works …

June, 2025, Istanbul… The World Bank has announced that its board approved 819 million dollars in financing to enhance food production and enhance water efficiency for more than 550,000 people in Türkiye. The Türkiye Second Irrigation Modernization and Water Efficiency Project, approved on June 2, will facilitate the modernization of irrigation systems across …

Press release… ADANA’S EXPORT CHAMPIONS IN ANIMAL FOOD AWARDED… The Mediterranean Fisheries and Animal Products Exporters’ Association (ASHİB) rewarded 45 members from Türkiye’s eastern Mediterranean province of Adana who provided the strongest support for its 382 million dollars export performance in 2024. Ali Can Yamanyılmaz The plaque awards and certificates …

Press release… Within the framework of the Ministry of Trade’s ‘Distant Markets Strategy’ , the Aegean Olive and Olive Oil Exporters’ Association organised a sectoral trade delegation to Australia at the beginning of the 2024/25 season, flying 30,000 kilometres. As a result, exports to Australia increased by 143 percent in …

Veysel Memiş, Coordinator President of the Mediterranean Exporters’ Associations (AKİB), announced that they had achieved exports worth 1.35 billion dollars in May. Veysel Memiş stated that they had reached the highest values in the Iraqi, Italian and Romanian markets in the fifth month of the year and reported that they …

Harun Çallı, Chair of the Packaged Milk and Dairy Products Industrialists’ Association (ASÜD), stated that they aim to achieve boosting momentum in milk and dairy product exports and said, “Products such as cheese, ice cream, butter and UHT milk are exported to more than 100 countries, primarily in the Middle …

As part of its strategy to strengthen national livestock production, Türkiye has begun the initial implementation phase of its comprehensive support initiative which prioritizes young people and women. The project, Kırsalda Bereket – Hayvancılığa Destek (Abundance in the Countryside – Support for Livestock), aims to create a more sustainable and self-sufficient livestock sector by distributing …