Olive oil export of Turkey has risen from 4305 tons to 23676 tons in the first 6 months of the season in regard to same period of the last year. Last year’s increased prices because of the low crop this year balanced with the prices of competitor countries.
Export has risen Fivefold
Export on olive oil has risen fivehold with the export to especially the USA, Spain, Italy and Saudi Arabia. Increasing of fx rates and balancing of Turkish olive oil prices with the world prices caused to estimated crop quantity in the competitors of the Turkey as Italy, Spain and Greece.