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Iraq loses top destination for Türkiye’s flour exports to Syria, with Damascus importing 529,000 tonnes of flour in first 10 months…
ISTANBUL…
Syria became Türkiye’s top flour export destination as of July, with Iraq losing its first place for the first time in 15 years, according to a statement by the International Association of Operative Millers (IAOM) Eurasia on Thursday.
“Türkiye’s export champion, the flour sector, increased its exports by 39 percent to 241,000 tonnes in October and regained momentum in the last quarter of the year,” the statement said.
Flour exports reached 1.93 million tonnes in the January-October period, with the value of those exports hitting 716 million dollars.
IAOM Eurasia President Eren Günhan Ulusoy stated that the sector aims to close the year with 2.4 million tonnes of flour exports.
He noted that as of July, Iraq had lost its top spot for the first time in 15 years and Syria had become Türkiye’s top flour export destination.
Furthermore, the flour sector will double its exports to Syria by the end of the year, Ulusoy stated.
Due to increased investments in the flour industry in Iraq and the implemented tax tariff, Türkiye’s 10-month average exports of 1 million tonnes decreased to 350,000 tonnes.
Meanwhile, exports to Syria surged from 267,000 tonnes in 2023 to 326,000 tonnes in 2024.
“While we exported 529,000 tonnes to Syria in the first 10 months, we aim to export 650,000 tonnes by the end of the year. Thus, our exports to Syria will double,” Ulusoy added.
