Home / Agricultural Economy / Agribusiness / TURKISH CEREAL SECTOR REACHES 5.5 BILLION DOLLARS OF EXPORTS IN THE FIRST HALF…

TURKISH CEREAL SECTOR REACHES 5.5 BILLION DOLLARS OF EXPORTS IN THE FIRST HALF…

Cereal sector in Turkiye grew in the first half of the year with an export focus. With the products sent from the country to Iraq, the USA and Israel, amounted to a total of approximately 5.5 billion dollars.

In the first half of this year, the cereal industry realized an export of 5.44 billion dollars with an spike of 31.5 percent compared to the same period of 2021.

According to the statement of the Istanbul Cereals, Pulses, Oilseeds and Products Exporters’ Association (İHBİR), the Turkish cereal industry continued its upward momentum in exports. İHBİR’s exports in June rose by 27.72 percent compared to the same month of the previous year and reached 298,726 million dollars.

Turkiye-wide exports of the cereal sector in June, on the other hand, soared by 30.6 percent compared to the same month of the previous year and reached 998,502 million dollars, while exports of the country in the January-June period increased by 31.5 percent compared to the same period of the previous year and became 5.44 billion dollars.

In June, the top 3 countries to which the cereal industry exports the most were Iraq, the USA and Syria, respectively. The first 3 countries to which IHBIR exports the most in June were the USA, Iraq and Algeria.

Sugar products

The Association exported 27.17 million dollars to the USA with rise of 6.26 percent, 23.37 million dollars to Iraq with a rise of 88.05 percent and 19.28 million dollars to Algeria with an increase of 665.36 percent.

While exports to EU member countries were 86.98 million dollars in the cereal sector last month, it was 498.82 million dollars in the first half of this year.

In the January-June period, the top 3 countries to which IHBIR exports the most were the USA, Iraq and Israel.

In terms of goods groups, the highest export was made in sugar and sugar products with 59.76 million dollars, food preparations took the second place with 57.81 million dollars and pastry products took the third place with 54.62 million dollars.

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About İsmail Uğural

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