Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2023

Daily Sabah logo

عربي
  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV

US top destination for olive, olive oil exports

by Daily Sabah with AA

ISTANBUL Mar 07, 2018 - 12:00 am GMT+3
by Daily Sabah with AA Mar 07, 2018 12:00 am

Turkey's olive and olive oil exports in the first two months of this year reached $121.7 million with a 125.3 percent growth over the same period of 2017, according to the Turkish Exporters' Assembly (TİM). The U.S. was the top destination for the olive and olive oil sector, which saw exports to the country grow four times, hitting $43.6 million, in comparison to January-February 2017.

The bimonthly figures, which stood at $54 million last year, exceeded $100 million for the first time since 2002.

Olive and olive oil exports in the first two months of the year were also recorded as the sector's "highest January-February figures of all time."

Of the total $121.7 million exports in January-February 2018, $43.6 million went to the U.S., followed by Spain with $26.9 million, Germany with $7.5 million, Italy with $6.6 million, Saudi Arabia with $6.1 million and Iraq with $4.9 million.

The industry, which also exported olive and olive oil products worth $3 million to Japan, $2.8 million to Romania, $2.4 million to Morocco, $1.3 million to Ivory Coast and $1 million to the U.K., crossing the $1 million-threshold for 11 different countries.

During the period, olive exports to Sudan experienced the highest increase as products worth $66,000 was sent to the country. No exports were made to the country in January-February 2017.

Among the other emerging markets, Somalia, Hungary, Israel, Japan and Qatar stood out as Turkey exported olive and olive oil to more than 90 counters in the first two months of this year.

With exports worth $62 million in the first two months, Izmir alone was responsible for more than 50.9 percent of olive and olive oil exports. With $21.4 million, it was followed by Istanbul, which doubled it last year's output figures.

Other top performers in the sector were Balıkesir with $7.6 million, Hatay with $7.5 million, Aydın with $7.4 million, Bursa with $4.4 million, Manisa with $3.4 million, Gaziantep with $2.2 million, Mersin with $1.9 million and Konya with $1.5 million. In the first two months of the year, a total of 35 provinces were involved in olive exports. Among them, Balıkesir stood out as increased exports from $136,000 in the first two months of 2017, to $7.6 million in January-February this year.

  • shortlink copied
  • RELATED TOPICS
    fight-against-terrorism DEUTSCHE-BANK US-LIBYA-RELATIONS
    KEYWORDS
    business
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    No Image
    Migrants stuck in freezing cold at Belarus-Poland border
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021