Business · Trade · 5 hrs ago

AHBİB offsets weaker traditional markets with export growth elsewhere

AHBİB offsets weaker traditional markets with export growth elsewhere

AHBİB, a Turkish exporters’ association, said its exports grew in several markets during the first nine months.

Sales of pulses rose 16% to $323.2 million, while vegetable oil exports increased 16% to $200 million.

Bakery products brought in $272.1 million.

Iraq remained the association’s largest market, followed by Syria and Iran, but exports to Iraq and Syria declined.

Sales rose sharply in Uganda, Oman and Mexico, as well as in several other African, European and Asian markets.

Association head Veysel Memiş said growth in alternative markets helped balance weaker traditional markets.

He said Turkey’s agricultural output and processing capacity could support expansion into new markets and higher-value products.

Sources

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