Foreign Trade

Export restriction on 3 products from the Ministry of Agriculture! The Ministry of Agriculture and Forestry, which has been authorized to regulate exports periodically, has limited the export of beans, red lentils and bulk olive oil in order to avoid problems in food supply due to the extraordinary situation in …

With Russia’s military occupation in Ukraine, which is known as the world’s leading and Europe’s “bread basket”, wheat prices climbed to the peak of 9.5 years with 9.34 dollars. While it was discussed whether the crisis would affect Turkiye or not, it was a concern whether the two countries, which …

Russia’s military occupation in Ukraine also negatively affected the fresh fruit and vegetable sector. Vegetable and fruit exporters’ associations are waiting for help from the authorities so that their lorries, which are on the Ukrainian border, can safely return to the country. Saffet Kalyoncu Saffet Kalyoncu, Chairman of the Board …

No supply shortages of grains are expected due to the conflict between Russia and Ukraine, two countries that supply a substantial amount of Turkey’s grain imports, the country’s agriculture ministry said. Russia’s all-out invasion of Ukraine as of Thursday has raised the prospect of tighter supplies in commodities, due to the possibility …

The war in Ukraine is threatening further disruption to already stretched supply chains. Ukraine and Russia may only account for a small proportion of the imports of major manufacturing nations like Germany and the US, but they are essential suppliers of raw materials and energy for many crucial supply chains. Global food prices already rose sharply during …

Wheat prices rose dramatically to over $300 on Thursday after Russia officially launched an all-out invasion of Ukraine by land, air and sea. Futures contracts for March in the United States market for the price of wheat per ton reached around $308, up from $280 on Wednesday. With the intervention, …

Press release… The fresh fruit and vegetable sector faced bans due to pesticides in exports to the Russian Federation, where it realized 1 billion 13 million dollars of its export of 3 billion 82 million dollars in 2021. The Russian Federation has banned the import of grapes, oranges, grapefruit, peppers …

Press release… BURSA – Turkey’s second largest export Association on the basis of the Secretariat General, Uludağ Exporters’ Association (UİB) made an export amounted to 2 billion 354 million 17 thousand dollars in January 2022. UİB’s export figures for January 2022 have been announced… The export amount of UİB, whose …

President Recep Tayyip Erdoğan’s visits to Senegal, the Democratic Republic of Congo (DRC) and Guinea-Bissau are expected to contribute to the opening of new markets for Turkish companies operating in the agricultural sector and to increase the trade volume in this field. Initially, agreements, such as Cooperation Agreement in the …