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Back|Cereals and pulses exports from Türkiye worth 8 billion 880 million dollars in 9 months
Cereals and pulses exports from Türkiye worth 8 billion 880 million dollars in 9 months
NEWS
AA Güncel·1 hour ago·Business·1 min read·🇹🇷Türkiye·

Cereals and pulses exports from Türkiye worth 8 billion 880 million dollars in 9 months

According to the data of the Turkish Exporters Assembly, the sector earned an income of 8 billion 880 million 522 thousand dollars in the January-September period.

Quick Look

  • Türkiye's grains, pulses, oilseeds and products sector exported 8.8 billion dollars in the January-September period.
  • While the most exports were made to Iraq, the chairman of the sector board, Nihat Uysallı, drew attention to the importance of delivery assurance.

AI-generated summary

Why It Matters

Türkiye's cereals, pulses and oilseeds export data for the January-September period have been announced.

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According to the information compiled by the AA correspondent from the Turkish Exporters Assembly (TİM) data, the sector exported 7 million 891 thousand 556 tons of products in the January-September period.

While 8 billion 880 million 522 thousand dollars were obtained from the said exports, foreign sales decreased by 1.7 percent in value compared to the same period of the previous year.

Türkiye's most exported product was sunflower oil with 931 million 949 thousand dollars. This product was followed by chocolate and cocoa products with 780 million 791 thousand dollars, and sweet biscuits and wafers with 764 million 962 thousand dollars.

The highest export on a country basis was to Iraq with 1 billion 116 million 874 thousand dollars. Iraq, which had a 12.6 percent share of total exports, was followed by the USA with 668 million 158 thousand dollars and Syria with 402 million 439 thousand dollars.

Delivery assurance stands out in food trade

TİM Cereals, Pulses, Oilseeds and Products Sector Board Chairman Nihat Uysallı told the AA correspondent that climate change, drought and logistics disruptions in global food trade negatively affect the supply chains.

Stating that price advantage in global trade has begun to be replaced by reliable supply and on-time delivery, Uysallı said:

"Combined with the redirection of products to new routes, the inadequacy of land and railway transportation capacities, and the exponentially increasing freight costs, the price advantage of Black Sea grain has almost disappeared. The fact that products that appear to be affordable on paper cannot leave the ports or are transported at very high additional costs has changed the purchasing reflexes of international buyers. The priority for buyers is no longer 'making a connection at the cheapest price', but the guarantee of receiving the goods on time, in full and without wastage.

At this point, the Turkish food industry has a unique advantage in the global supply chain. We are a country that eliminates the delivery risk for global buyers with our strong, functioning port infrastructure, alternative raw material supply networks and ability to instantly respond to market diversity. "As a supply base with high production power and operational capability, we are reinforcing our safe haven position in world food trade."

Open Questions

  • ?Will export figures for the year be able to catch up with last year?
  • ?How will the increase in freight costs affect export margins?

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This article was originally published by AA Güncel.

Quick Look

  • Türkiye's grains, pulses, oilseeds and products sector exported 8.8 billion dollars in the January-September period.
  • While the most exports were made to Iraq, the chairman of the sector board, Nihat Uysallı, drew attention to the importance of delivery assurance.

AI-generated summary

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Moderate
Global impact
Global
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Likely
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AA Güncel
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Published
1 hour ago
View original
Turkish Exporters Assembly
food export
Nihat Uysallı
Turkish Exporters Assembly
Nihat Uysallı
TİM Cereals, Pulses, Oilseeds and Products Sector Board
Anadolu Agency
Türkiye
Iraq
USA
Syria
food export
Nihat Uysallı
grain
iraq
sunflower oil
trade

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