Finance

Press release… Pasta, which harmonises well with cheese, chicken, fish, tomatoes, minced meat, spices and sauces, is among the important export products of Türkiye. Muhammet Öztürk In the 9-month period of 2024, Türkiye ramped up its pasta exports by 9 percent from 606 million dollars to 659 million dollars and …

Press release… Ferhat Gürüz, Chairman of the Board of Directors of the Mediterranean Fresh Fruit and Vegetable Exporters Association, stated that the European Union ranked first with a share of 40.5 percent in the fresh fruit and vegetable market in September, the Middle East countries had a share of 25.7 …

World Bank doubles agribusiness commitment to 9B dollars annually… Financial institution expects global food demand to increase 60 percent in coming decades… The World Bank Group announced Wednesday it is doubling its agri-finance and agribusiness commitments to 9 billion dollars annually by 2030 to create a comprehensive ecosystem for the …

Press release… Hayrettin Uçak, Chair of the Aegean Fresh Fruit and Vegetable Exporters’ Association, disclosed that Türkiye gets 5 percent share from tangerine production worldwide. “In 2023, mandarine was the most exported product in Türkiye’s exports of fresh fruit and vegetable products with an amount of 576 million dollars. In …

According to the report updated by the UN Development Programme (UNDP), more than 1 billion people in the world, more than half of them children, live in acute poverty. While 584 million people under the age of 18 live in extreme poverty, the rate of those suffering from extreme poverty …

Türkiye has a rich agricultural and cultural structure with its different geographical and climatic characteristics. This situation allows for the growth of various endemic plant species. This diversity enables the emergence of local products that directly represent certain geographies. Local products not only reflect the cultural heritage of the region …

According to data from the Turkish Food Employers’ Association (TÜGİS), approximately 12 million loaves of bread are wasted every day in Türkiye. Half of this waste occurs in homes, while the other half occurs at out-of-home consumption points such as restaurants, hotels, canteens and dining halls. This wastage, caused by …

The pace of annual increase in the agricultural input price index (IPI) continued to slow, according to data from the Turkish Statistical Institute (TÜİK). Agricultural IPI rose by 33.3 percent year-on-year in August after increasing 47.6 percent in June and 41.6 percent in July. The monthly increase in the index also eased from …

Minister of Agriculture and Forestry İbrahim Yumaklı disclosed that they are planning to organise the Agriculture and Forestry Council in April 2025. Emphasizing once again the importance Türkiye attaches to water and irrigation investments, Yumaklı stated that water and irrigation play a critical role in terms of food supply security …

Şemsi Bayraktar, President of the Union of Turkish Agricultural Chambers (TZOB), made a statement on the occasion of 15 October International Women Farmers’ Day and emphasised the critical role of women in agriculture. Bayraktar stated that women make important contributions in all areas of life, from agricultural production to child …