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Turkish olive oil exports up 50% to $201.6 million

by John Pierce
July 3, 2023
in Business
2 min read
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Turkish olive oil exports in The 2021-2022 season increased by 50% compared to the previous period and amounted to $201.687 million (3.75 trillion TL), according to official data.

The country continued trade with more from 120 countries in The 2021-2022 olive oil export season that ended on Oct. 31.

Olive oil exports increased from 44,000 tons to 58,000 tons with a plus of 32% in amount Compared to the previous season, it increased by 50%. on On a value basis from $134.877 million to $201.687 million, according to data from the Aegean Exporters Association (EIB).

Country with The highest Imports of olive oil from Turkey were from the United States with $75 million.

The United States followed Spain with $24 million, Japan with 17 million dollars, Saudi Arabia with 10 million dollars and the United Arab Emirates with 5 million dollars.

Aegean Olive and Olive Oil Exporters Association head Turkey has achieved great success, Davut Er told Anadolu Agency (AA). success in Export of olive oil.

Packaged olive oil exports amounted to $107 million, Er said: we sent 53%. of our total Export of olive oil as canned. This season, our olive oil sector has reached its peak highest Numbers in that it historywe left behind Successful season.

What did they say set Goal of 500 million dollars in Exports of olives, olive oil and pomace for The next season.

Pointing out That yield is low in Spain, which dominates the sector, said Eyre, “The European Union needs Turkish olive oil, so it has to focus on alternative markets.

Chairman of the Commodity Exchange Akhisar Alper Alhat also He mentioned that Turkey has a high historical yield in Olive oil, olive oil year.

Indicating that there are 14 million olive trees alone in Akhisar district of “We have begun,” said Alhat in the western province of Manisa in Turkey new season to produce best High quality olive oil in Country with Harvest of about 40 thousand tons of Olive oil and 67 olive oil and olive oil companies.

“Positive developments in the local market You have also reflected positively on exports,” indicating the developments in The world olive oil market We are in favor of Turkey.

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