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Turkiye: $10.3 billion income from grain and pulses exports

The exports of the grain industry in Turkiye in the January-November period increased by 26.5% and reached $10 billion 370 million.

Istanbul Cereals, Pulses, Oilseeds and Products Exporters’ Association (IHBIR) gave information on November export figures.

While the exports of the grains and pulses industry, which are among the important items of Turkiye’s exports, continued to increase, the exports of the grain industry in Turkiye in the January-November period reached $10 billion 370 million with an increase of 26.5%.

According to the data, IHBIR’s exports in November increased by 28.15% compared to the same month of the previous year and reached $288.3 million.

While the exports of the grain sector in Turkiye in November reached $1 billion 78 million with an increase of 20.25% compared to the same month of the previous year, the exports of IHBIR in the January-November period increased by 23.68% compared to the same period of the previous year and reached $2 billion 617 million.

In November, the top three countries to which the grain industry exports the most were Iraq, the USA and Syria, respectively, while the top three countries to which IHBIR exported the most in the same period were the USA, Iraq and Yemen, respectively.

The highest export in Turkiye was realized in pastry products.

According to the information provided, in terms of goods groups, sugar and sugar products were the most exported in IHBIR with $64.5 million, while other food preparations ranked second with $64 million, and pastry products ranked third with $56.7 million.

In November, the product group to which the grain industry exports the most in Turkiye in general was pastry products with $259 million, while milling products ranked second with $190.3 million, and vegetable oils were ranked third with $151.5 million.

“The most important thing we need right now is access to financial resources”

Kazım Tayci, Chairman of the Board of IHBIR, whose views were included in the statement, said:

“Despite some signs of recession in Europe, the Far East and the Americas, we continue to grow as the cereals, pulses and oilseeds group without slowing down by breaking our monthly records. Right now, the most important thing we need is access to financial resources. We have serious problems with this. Access to finance seems to be the most important factor that cuts our way and our pace. If the sector’s access to finance is relieved, we will take action to break records again in 2023.”

Tayci stated that they continue on their way to full steam in fair work, purchasing committees, sectoral visits, UR-GE activities and Turkish series projects.

Source: Trthaber / Translated by Irem Yildiz

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