Home / Agricultural Economy / Agribusiness / EXPORT OF TURKISH OLIVE OIL TO THE USA INCREASES BY 30 PERCENT…

EXPORT OF TURKISH OLIVE OIL TO THE USA INCREASES BY 30 PERCENT…

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 in Turkey’s olive oil exports with 33.5 million dollars in 2020-2021 season. Our olive oil exports to the USA increased by 30 percent to 15 million dollars in the first quarter of the 2020-21 season.

Aegean Exporters’ Associations (EİB) continued their promotion of Turkish flavours in the US market with Turkish olive oil within the scope of the Turquality Project, carried out with the support of the Ministry of Trade.

The head of the Aegean Olive and Olive Oil Exporters’ Association (EZZİB) Davut Er, who gave the information that the olive oil consumption of the United States of America, which reaches 400 thousand tonnes per year, corresponds to 391 thousand tons with imports, said that their goal is to get a larger share from this market.

30 percent of Turkey’s olive oil exports go to the US…

Indicating that Turkey’s olive oil exports of 15 thousand 265 tonnes to US amounted to 33.5 million dollars, Davut Er said, “US has reached to a 30 percent share in Turkey’s olive oil exports in 2020-21 season. In the 2020-21 season, when we left the first 3 months behind, our olive oil exports to the USA increased by 30 percent from 11.4 million to 15 million dollars.”

Davut Er

“Turkey aims to reach 650 thousand tonnes of harvest in the next 5 years. When we reach this yield, we need to be able to export 400 thousand tonnes per year. USA is one of the few countries where we can achieve the fastest expansion in olive oil exports worldwide. We are working for years to come and we will reap the fruits of these efforts then,” Davut Er added…

On the other hand, Levent Bilginoğulları, Board Member of the Aegean Olive and Olive Oil Exporters’ Association, reminded that Anatolia is the homeland of olive tree.

Pointing out that Turkey’s olive oil exports reach to more than 120 countries, Bilginoğulları concluded, “Turkish olives appeal to all palate tastes with over 90 varieties, each of which has its own unique taste and characteristics. This shows that Turkish olive oil easily adapts to different culinary tastes. Turkey, in the meantime, the world’s second largest producer of table olives.”

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