Agricultural Economy

Press release… The olive sector is running for 1 billion dollars in exports… The highest export figure in the history of the olive oil sector has passed in 6 months in the 2022-23 season. Türkiye has started to reap the fruits of the investments it has made in the olive …

Türkiye has decided to enforce a 130 percent tariff on some grain imports, including wheat, corn and barley, to protect local producers, with the decision stipulated to take effect from May 1 onward. Authorities gradually started to reduce the import tariffs on those three products two years ago due to drought, lowering …

Press release… The Aegean Exporters’ Association (EIB), which is the leader in the export of agricultural products in Türkiye, has added a new link to its success chain by increasing the export of agricultural products to 7 billion 98 million dollars in the last 1-year period. Aegean agricultural products exporters …

Press release… The target in fresh fruits, vegetables and products is 1.5 billion dollars… Aegean Fresh Fruits and Vegetables Exporters’ Association (EYMSİB), the leader of Türkiye in the Export of Fruit and Vegetable Products, boosted its exports by 7 percent from 1 billion 216 million dollars to 1 billion 296 …

Due to the increasing coal prices with the energy crisis in the world, people have turned to alternative fuel. Pine nut shells took place among the most popular fuels in western Türkiye’s province of Aydın’s Koçarlı and Karpuzlu districts. The shells of pine nuts, whose fruit competes with gold, make …

Press release… Exports of agricultural products from the Aegean Region run to 10 billion dollars…. Aegean Exporters’ Association (EIB), which is the leader in the export of agricultural products in Türkiye, has added a new link to the chain of success by increasing the export of agricultural products to 7 …

President Recep Tayyip Erdoğan has pledged measures that will help tame the volatility in food prices and support livestock and agriculture, as the government has promised to curb inflation heading into pivotal elections. Erdoğan’s remarks come as Türkiye’s consumer price gains have been slowing down in the last five months, mainly …

The European Union is preparing 100 million euros ($109.32 million) of compensation for farmers in countries bordering Ukraine and plans to introduce restrictions on imports of Ukrainian cereals, a European Commission spokesperson said on Wednesday. Pressure has been mounting on Brussels to work out a European Union-wide solution after Warsaw and …

The economy management took action against the supply restriction with the spike in red meat prices before Eid al-Fitr. The Turkish Competition Authority started a preliminary investigation to determine whether there was a speculative price increase or supply restriction in red meat prices before the Ramadan Feast. While their control …

Türkiye moved to the top spot in aquaculture production in the past four years, surpassing all EU member states, according to the Agriculture and Forestry Ministry. The industry generated $1.7 billion in export revenues in 2022, shipping products to 103 countries. Production of the sector, which was more than 500,000, is expected to be around …