Olive oil exports reached 58 thousand tons

Between 1 November 2021 and 31 October 2022, Turkey achieved a foreign exchange income of 201 million 687 thousand dollars with an increase of 50 percent in return for the export of 58 thousand 313 tons of olive oil.

Olive oil exports increased by 32 percent on amount and 50 percent on value basis. Turkey's table olive exports in the 2021/22 season managed to exceed 100 thousand tons for the first time. When compared with the previous season, table olive exports increased from 88 thousand tons to 110 thousand tons with an increase of 24 percent, and reached the level of 173 million dollars from 150 million dollars with an increase of 15 percent in foreign currency terms.

Aegean Olive and Olive Oil Exporters' Association President Davut Er said, “Turkey has achieved a foreign exchange return of 201.6 million dollars in return for 58 thousand 313 tons of olive oil exports at the end of the 2021/22 season.

Our pomace exports reached 24 million dollars with an increase of 178%. At the end of the 2021/22 season, we reached a new record in our olive oil exports. Our average export price of olive oil increased by 12 percent in the 2021/22 season to $ 3 thousand 458. In this period, the countries to which we exported the most olive oil were USA with 75 million dollars with an increase of 65 percent, Spain with 24 million dollars with an increase of 17 percent, Japan with an increase of 49 percent with 17 million dollars, Saudi Arabia with an increase of 150 percent with 10 million dollars, and the UAE with an increase of 56 percent with 5 million dollars. said.

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