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Showing posts with the label Turkey's hazelnut exports

İLYAS EDİP SEVİNÇ: COVID-19 HAS HAD NO EFFECT ON HAZELNUT EXPORTS SO FAR

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Chairman of Black Sea Hazelnut and Hazelnut Products Exporters' Association İlyas Edip Sevinç said that the new type of coronavirus (Covid-19) pandemic has slowed trade and adversely affected the national economies all over the world. Stating that this process has not had any effect on hazelnut exports so far, Sevinç said, "In the period of 1 September 2019-19 April 2020, 266 thousand 300 tons of hazelnuts were exported and earned 1 billion 758 million dollars of foreign exchange revenue, compared to last year, amounting to 62 thousand 480 tons and 578 in value. It is expected to break a new record by reaching 320 thousand tons at the end of the season." Pointing out that months of April and May are important in terms of fertilization, spraying and maintenance of gardens in order to produce hazelnut, which provides foreign currency input to the country without using any imported item, Sevinç also emphasized that they appreciated not including of agriculturers in th...

HAZELNUT EXPORTS FROM TURKEY TO CHINA SEE A GROWING TREND...

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Hazelnut exports from Turkey to China have seen a growing trend, more than doubling in revenue in only five years, with an export volume of over $87.1 million in 2019, according to data from the Black Sea Hazelnut and Hazelnut Products Exporters' Association (KFMİB). Dursun Oğuz Gürsoy, acting chairman of the association, told Anadolu Agency (AA) Wednesday that exports to the East Asian country have reached record levels, and if this growing demand continues, China will become one of the top three countries that import hazelnuts worldwide. Hazelnut exports to China totaled around 11.2 tons worth over $87.1 million in 2019, up from the 3.5 tons worth $42.5 recorded five years earlier, according to the AA report that included the KFMİB data. Turkey's biggest market for hazelnut exports is Europe, yet recently China, among others, has become an important opportunity for expansion thanks to advertising and promotional activities in the country since 2001. Those efforts have starte...