Turkey, Olive Oil Exports Rise

The value of olive oil exports from Turkey has grown 50 percent in the 2021/22 crop year, according to figures published by the Aegean Exporters’ Associations (EIB).

From November 2021 to October 2022, olive oil shipments from the country amounted to 3.75 trillion lire (€190 million).

The EIB attributed the increase to high olive oil prices on the international market, a 32-percent rise in export volumes and a significant increase in packaged shipments.

Along with olive oil, the EIB said total agricultural exports rose by 17 percent last year, with a turnover of $6.6 billion (€6.3 billion).

Source: www.oliveoiltimes.com