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Over the last couple decades, with smaller catch volumes resulting from decades of overfishing, the Turkish seafood sector pivoted and ramped up investments in aquaculture production.
Despite the slowdown in the growth of the Turkish economy in general, the food retail sector is expected to grow eight percent annually. The total retail sector in Turkey reached US$214 billion...
U.S. exports of fish and seafood reached a record $5.3 billion in FY 2014. Recent growth in U.S. exports has primarily been due to increased volume rather than higher prices.