Turkey earns $1.1B through hazelnut exports in 6 months

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Turkey earns $1.1B through hazelnut exports in 6 months

Volume of export increases by over 30 percent, value drops by 3.3 percent in last 6 months compared with previous season

Turkey earned around $1.09 billion by exporting more than 170,000 tons of hazelnuts in the last 6 months, the Black Sea Hazelnut and Products Exporters’ Union announced on Thursday.

The volume of exports during the first six months of 2017-2018 hazelnut export season, covering the period from September 2017 to August 2018, jumped by 30.1 percent, while the value dropped by 3.28 percent compared with the same period of the previous season, according to the union’s statistics.

More than 75 percent of Turkey’s hazelnut exports in this period were made to the EU countries, amounting to $820.1 million.

The country exported nearly 236,000 tons of hazelnuts and earned $1.88 billion during the 2016-2017 hazelnut export season.

Turkey is the world’s largest exporter of hazelnuts.