April 18, 2024

Turkey's cereals, oilseeds exports take big share as agricultural exports performed strongly in Q1

Exports from Turkey's agriculture sector have displayed their best first-quarter figure, achieving a record in foreign sales and proving to be resilient in the face of the geopolitical risks and difficulties related to the global food supply.

Outbound shipments of agricultural products soared 8.6% year-over-year in the January-March period to US$9.3 billion, data compiled by Anadolu Agency (AA) from the Turkish Exporters Assembly (TIM) showed on April 15.

The sales accounted for some 14.6% of Turkey's overall exports, which rose 3.6% on an annual basis to US$63.7 billion in the stated period, according to official figures.

Outbound shipments of cereals, pulses, oilseeds and their products took the lion's share with sales worth US$3.1 billion in the January-March period.

Compared to the same period last year, cereals, pulses, oilseeds and their products registered a 7% increase in exports.

Looking at exports by country, Turkey's grains, pulses, oilseeds and their sectors achieved US$583.8 million in exports to Iraq.

In terms of provinces, Istanbul was the top exporter of cereals, pulses, oilseeds and their products with US$903.7 million.

- Daily Sabah