Business

Turkey: Hazelnut exports up over 43% in 4 months

EU is top market for Turkey's hazelnut exports with 78% of total exports so far this season

Turkey’s hazelnut exports rose 43.1% to reach 168,604 tons from September to December 2019, a regional trade union announced on Monday. The Black Sea Hazelnut and Products Exporters’ Union reported that Turkey earned $1.09 billion from hazelnut exports during the first four months of the season, which starts in September and ends in August.

In the same period last year, revenues were $711.6 million. With nearly 78% of total exports, the EU continued to be top market for Turkey’s hazelnut exports.

The union’s figures said 35.6% of the country’s hazelnut exports were processed products worth some $381.9 million, while the rest were raw hazelnuts. Turkey is the largest hazelnut exporter globally.

Source
anadolu agency

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