New Export Target for Turkish Confectionery

Turkey’s confectionery and chocolate industry has set an export target of USD1.5bn for 2021, according to a trade body quoted by Anadolu Agency. During the COVID-19 pandemic, the industry’s exports stood at USD1.3bn in 2020, per a statement made by the Aegean Exporters’ Union.

In 2020, confectionery products with chocolate and cocoa made up the largest chunk of exports (USD540m), with exports of cocoa-free white chocolate products at USD476m. The industry’s biggest export markets were Iraq, the US, and Iran, with USD153m, USD143m, and USD52m worth of exports, respectively, the statement said. These three were followed by Israel with exports worth USD49m and the UK at USD48m.