Browse Data and Analysis

The wheat and barley harvest is continuing in Turkey, approximately two weeks behind the normal harvest schedule this year. Wheat production is forecast at 17.25 Million Metric Tons (MMT), and barley production is forecast at 7.4 MMT in Marketing Year (MY) 2022/23. The first corn crop planting finished with total corn production forecast at 6.2 MMT.

Since February 2022, Turkey has applied an export ban to more than a dozen agricultural products, including vegetable oils, meat, pulses, and some dairy products. On June 26th, the ban on butter exports was replaced with a monthly quota, and on July 7th, the ban on olive oil exports was removed.

Turkey has a young population of 85 million people. The country is in a Customs Union with the EU, has free trade agreements with EFTA and 22 other countries (excluding the U.S.), and is the 23rd largest economy in the world. The International Monetary Fund (IMF) forecasts Turkey’s annual Gross Domestic Product (GDP) growth at 3.2 percent between 2022 and 2026.

Turkish cotton area and production are forecast to increase about 15 percent in Marketing Year (MY) 2017/18, as good returns and government support encourage production.

The seed sector in Turkey has grown rapidly since the new seed law entered into force in 2006. Certified seed production has increased about threefold in last ten years....

Turkey reduced the import tariff on chickpeas from 19.3 percent to zero percent until July 1, 2017 due high domestic prices.

Turkey’s MY 2016/17 oilseed production is estimated to be about 2.45 MMT. Total production is projected to go up about eleven percent to reach 2.71 MMT in MY 2017/18.

On January 1, 2017, the Government of Turkey (GOT) announced increases to special consumption taxes for all alcoholic beverages except wine.