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The February 6, 2023 earthquakes greatly affected Kahramanmaras, the center of Turkiye's cotton yarn and textile production, but the industry is already on the road to recovery.
Turkiye’s food and beverage sector depends on domestic and imported ingredients, a large portion of which are sourced from Europe. European ingredients enjoy zero or low import duties under preferential trade agreements, as well as lower freight costs.
Vietnam’s food processing and manufacturing sector grew by 8.8 percent in 2022 versus 2021, while food retail revenue increased by 10 percent.
In March, the Turkish Ministry of Agriculture & Forestry (MinAF) detected for the first time an SAT-2 strain of foot and mouth disease (FMD) in cattle.
On March 8, 2023, the Turkish government issued a notice in the Official Gazette to lift the remaining restrictions on exporting certain agricultural products, including red meat, tomatoes, some pulses, and sunflower oil.
Turkey’s production of major oilseeds – sunflowerseeds, cottonseeds, and soybeans – in marketing year (MY) 2023/24 is projected to decrease year-over-year because of pre-earthquake market dynamics.