A report by the Olive and Olive Oil Exporters’ Union of Turkey found that exports of Turkish olive oil doubled this season compared to last season, to more than 45,000 tons and yielding a revenue of $143 million. Twenty thousand tons were exported during the 2011-12 season and only 10,000 tons the season before.
This rise was attributed to this year’s major decrease in Spain’s output, and the European Union eliminated the tax on olive oil imports from Turkey.
Turkey ranks fifth among the biggest producers worldwide, after Spain, Italy, Greece and Tunisia. Olive oil production volume was 147,000 tons in the 2009-10 season and estimates for 2011-12 were adjusted to 180,000 tons, according to the country’s Ministry of Economy.
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