Turkish agricultural sector logs highest Jan-Feb exports

Turkish agricultural sector logs highest Jan-Feb exports

Türkiye’s agricultural sector has achieved a big milestone, registering its highest January-February export figures ever with a complete worth of $5.434 billion.

According to latest information, agricultural exports elevated by 2.7% in the course of the first two months of 2023, as in comparison with the identical interval final 12 months, contributing to 16.2% of Türkiye’s complete export gross sales.

Five out of the ten sectors working within the discipline broke their export data.

The top-performing sectors throughout January-February 2023 have been cereals, pulses, oilseeds and their merchandise, which recorded exports price $1.82 billion, adopted by recent fruit and veggies at $634.488 million, olives and olive oil at $201.22 million, decorative crops and merchandise at $30.146 million, and furnishings, paper and forestry merchandise at $1.204 billion.

Compared to the identical interval within the earlier 12 months, cereals, pulses, oilseeds and their merchandise registered a 3% enhance in exports, whereas recent fruit and veggies confirmed a 17.9% enhance. Olives and olive oil noticed a 140.2% surge in exports, adopted by decorative crops and merchandise at 7.2%, and furnishings, paper and forestry merchandise at 2.1%.

Looking at exports by nation, grains, pulses, oilseeds, and their merchandise sector achieved $296.749 million in exports to Russia, whereas furnishings, paper and forest merchandise introduced in $129.180 million from the identical nation. Fresh fruit and veggies exports amounted to $173.401 million to Russia, and the olive and olive oil sector recorded $67.417 million in exports to Spain. The decorative crops and merchandise sector noticed $8.182 million in exports to the Netherlands.

In phrases of provinces, Istanbul was the highest exporter of cereals, pulses, oilseeds and their merchandise with $562.714 million, adopted by furnishings, paper and forest merchandise with $540.455 million. Southern Mersin province offered $167.872 million price of recent fruit and veggies, whereas western Izmir exported $93.372 million price of olives and olive oil. The decorative crops and merchandise sector generated $13.666 million in exports from the southern Mediterranean province of Antalya.

Meanwhile, regardless of the latest large earthquakes centered in Kahramanmaraş, which disrupted financial actions in 11 provinces, the agricultural sector in three provinces truly noticed a rise in exports. Companies in Adana, Adıyaman and Kahramanmaraş reported increased export figures in the course of the first two months of the 12 months in comparison with the identical interval in 2022.

In Adana, agricultural exports rose to $153.6 million, representing a ten.4% enhance. Adıyaman’s exports amounted to $2.5 million, up 25.5%, whereas Kahramanmaraş recorded $13.7 million in exports, a rise of 4.8%.

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Source: www.dailysabah.com