Turkey: olive oil producers set USD 3.8 bln export goal

Turkish olive oil producers set an ambitious goal for increasing exports, announcing at a weekend meeting of the Turkish Exporter’s Union (TIM) that they would sell USD 3.8 billion worth of olive oil abroad in 2023. The 2023 benchmark – which coincides with the country’s 100th anniversary – would be a major increase over current olive oil exports, which have so far amounted to USD 155 million in the first 10 months of 2012, as Today’s Zaman reported.