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The export of the agriculture, food, and beverage sector rose to 7.01 billion dollars in the first quarter of the year, marking an increase of 8.42% compared to the same period in 2023

The Turkey Federation of Food and Beverage Industry Associations (TGDF) announced the results of the TGDF Digital Data Panel prepared based on the foreign trade data of the Turkish Statistical Institute.

Accordingly, while the export of the agriculture, food, and beverage sector increased by 8.42% on an annual basis to $7.01 billion in the January-March period, imports decreased by 19.38% to $4.8 billion.

During this period, the sector's foreign trade surplus increased by 334.5% from $51 million to $2.21 billion.

Looking at the leading export products in the first quarter, wheat took the top spot with $388.8 million, followed by hazelnut kernels with $361.9 million, and pasta with $220.6 million.

In imports, wheat topped the list with $536.2 million, followed by soybeans with $441 million, and crude sunflower oil with $296.1 million.

March Data:

In March, the sector's exports decreased by 3.52% compared to the same period last year to $2.3 billion, while imports decreased by 25.13% to $1.66 billion.

Imports in March decreased by 46.2% for wheat, 33.6% for crude sunflower oil, and 6.2% for soybeans.

During this period, wheat took the top spot in exports with $129.6 million, followed by hazelnut kernels with $118 million and refined sunflower oil with $79.7 million.

Top Export Destinations in the First Quarter:

Looking at the countries where the agriculture, food, and beverage sector exported the most in the January-March period, Iraq ranked first with $924 million, followed by Germany with $503 million, Russia with $397 million, the United States with $377 million, and Italy with $299 million.

Iraq imported flour, frozen chicken meat, wafers, and waffles; Germany imported hazelnut kernels, packaged hazelnuts, and hazelnut puree; and Russia imported mandarins, trout, and tomatoes.

During the same period, the country with the highest imports was Russia with $868 million, followed by $609 million from Ukraine, $331 million from Brazil, $302 million from the United States, and $196 million from Malaysia.

Russia imported the most wheat, crude sunflower oil, and sunflower meal; Ukraine imported crude sunflower oil, wheat, and soybeans; Brazil imported soybeans, coffee, and cattle.

Top Exporting and Importing Sectors:

According to the data, the sugar and confectionery sector made the most exports with $816 million in the January-March period, followed by $657 million for hard-shelled fruits, $633 million for fresh fruits, $456 million for fisheries and aquaculture, and $396 million for vegetable oil sector.

The highest import was $1.331 billion in animal feed, followed by $808 million for vegetable oils, $616 million for wheat, $282 million for cocoa and chocolate, and $173 million for live animal trade.