During the 2013 fiscal year, U.S. agricultural exports to Turkey were nearly $2.2 billion – down from the record of $2.5 billion set in in FY 2011, but up 16 percent from FY 2012. Major U.S. exports to Turkey include cotton, soybeans and soybean meal, and tree nuts.

In an attempt to further improve trade prospects, U.S. and Turkish negotiators recently initiated trade talks, even while Turkey’s accession to the European Union has reportedly stalled.  

Data & Analysis

Turkish sultana raisin production is expected to increase by 35 percent in MY2014/15 to 328,167 MT, thereby rebounding from last year’s poor crop.