Foreign Trade

Turkey’s exports increased by 2.3 percent compared to the same month of the previous year in January 2021 to 15 billion 45 million dollars, while imports decreased by 5.9 percent and amounted to 18 billion 79 million dollars. Turkey Statistical Institute (TURKSTAT) has announced foreign trade data of the January …

TürkTraktör realises 68 percent of Turkey’s total tractor production and 86 percent of tractor exports by itself. TürkTraktör has also achieved success in domestic production of construction equipments which started in 2020. The company, which produced 34,337 tractors in total last year, increased its production by 51 percent and reached …

After 2021 is declared as the International Year of Fruits and Vegetables by the United Nations (UN), exporters focusing on new markets aim to contribute more to the country’s economy. Nejdat Sin, Chairman of the Board of Mediterranean Fresh Fruit and Vegetable Exporters’ Association, said that there were significant developments …

Press release… 1 billion 276 million dollars export from the chocolate and confectionery sector… Turkish chocolate and confectionery products have been exported to 185 countries. Turkish confectionery and chocolate industry sweetened the mouth of the world. Turkish chocolate and confectionery exporters succeeded in exporting 1 billion 276 million dollars in …

Press release… The pomegranate fruit, the symbol of fertility, had a prosperous year in exports in 2020. Turkey’s pomegranate exports rose by 29 percent in 2020 and reached from 97 million 489 thousand dollars to 126 million and 54 thousand dollars. The export of pomegranate broke a historical record with …

Turkey’s Foreign Economic Relations Board (DEİK) on Feb. 22 hosted an agri-focused virtual business forum with New Zealand. With climate change and rising food demand in view, speakers focused on the use of technology and joint collaborations to increase bilateral trade. Wendy Hinton, New Zealand’s ambassador to Turkey, said the twin …

Kemal Kaçmaz, President of the National Citrus Council, said that citrus is the most important sub-group in the fresh fruit and vegetable sector. Stating that they welcome the announcement of this year as the International Year of Fruits and Vegetables by the The Food and Agriculture Organization of the United …

Press release… Olive oil, the elixir of a long and healthy life spreading from the Mediterranean to the world, was introduced to the leading importers in the US food industry and the purchasing directors of hotels and restaurants with the Hybrid Tasting event. US has become the first country that …

Malatya Commodity Exchange Chairman Ramazan Özcan said that the Far East is a new market for dried apricot exporters. Özcan said, “In 2018, we exported about 3 thousand 200 tons by leaping to China, where we exported about 500 tons in the previous year. You know, last year, the Covid-19 …

The COVID-19 pandemic has upended the world economic order as we know it and may be the gravest challenge that Africa’s leaders have faced since independence. Africa, like other regions, is reeling from the pandemic’s economic and social consequences. The global economic downturn is undercutting every sector of Africa’s economy. …