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8 out of 10 Agriculture Sectors Increases Exports

Turkey’s agriculture increased its exports in 8 of its ten sectors last month and achieved 2 billion 574.9 million dollars in foreign sales.

Turkey’s exports surged by 17.3 percent in January, reaching $17.5B, according to figures from the Turkish Exporters Assembly (TIM).

Turkey’s exports of agricultural products also increased by 25.1% in January compared to the same period of the previous year and reached $2.5B.

Agriculture’s Share in Total Exports is 14.6%

The agricultural industry accounted for 14.6 percent of overall Turkish exports. The industrial sector’s exports climbed by 18.4% in January to $13B $122.6M, while the mining sector’s exports increased by 41.3% to $498.2M.

The Cereals, Pulses, and Oilseeds sector is Still the Leader

Looking at the sub-sectors, grains, pulses, oilseeds, and products continued to lead in agricultural product exports last month.

The cereals, pulses, oilseeds, and products sector made foreign sales of 848 million dollars in January.

Cereals, pulses, oilseeds, and their products generated $559.2M, aquaculture and animal products generated $301M, fresh fruits and vegetables generated $286.8M, and hazelnuts and their products generated $182.7M. It was followed by fruit and vegetable products with $173.3M, dried fruits and products with $119.7M, tobacco with $54.2M, olive and olive oil with $37.5M, and ornamental plants and products with $12.4M.

The Most Increase was in the Olives and Olive Oil Sector

With 8 out of 10 sectors within the agriculture group increasing their exports last month, the olive and olive oil sector increased their exports most with 135.5%. Cereals, pulses, oilseeds, and products with 41.5%, aquaculture, and animal products with 38.8%, fruit and vegetable products with 33.6%, furniture, paper, and forest products with 23.4%, and 15.4%, and dried fruit and products, ornamental plants and products with 3.5%, and fresh fruit and vegetable sectors with 3.1%.