Agriculture In Turkey
Due to its location at the confluence of the Tigris and Euphrates, Turkey now enjoys an agricultural sector that is reminiscent of the heyday of neighboring Mesopotamia. Because of its ideal climate, large arable land, and plentiful water resources, Turkey is widely regarded as one of the world’s foremost agricultural superpowers. In 2020, Turkey’s agricultural sector will account for about 18% of all jobs and 6.6% of GDP. In 2020, the industry added $47.3 billion to the country’s gross domestic product. The sector benefits from the country’s many strengths, including its youthful population, large market, dynamic economy, abundant tourism revenue, and generally pleasant climate.
To name just a few of its many agricultural specialties, Turkey ranks first in the world in the production of dried figs, hazelnuts, quince, and apricots. Turkey also leads the world in sending out quinces, raisins, and flour. The 22.9 million tons of milk that Turkey produced in 2019 made it the regional leader in milk and dairy product production. It is estimated that Turkey is home to 11,000 different plant species, whereas Europe is home to 11,500 different plant species in total. In 2020, Turkey exported 1,800 different agricultural products to over 190 different countries, bringing in $18.8 billion from these sales.
Greenhouse production, animal and plant-based proteins, seeds, walnuts and almonds, baby food, and aquaculture are just a few examples of the many agricultural sub-sectors in which Turkey offers lucrative investment opportunities. Turkey’s long-term goal is to attract the attention of the world’s largest agricultural companies as a potential regional hub and supply base. To attract foreign direct investment in its agricultural and food sectors, the government of this country provides several incentives to prospective investors.
Turkey has the third-largest capacity for a seed bank in the world, putting it in a favorable position in terms of the variety of agricultural products available. Producing and shipping out a wide variety of agricultural goods, Turkey can have a significant impact on international prices. Because of the rich soil in Anatolia, Turkey ranks among the world’s top producers of several goods. With a global agricultural economy worth 52 billion dollars, Turkey is capable of producing at a significant level other agricultural products. Smart agricultural practices and increased use of technology will propel Turkey to the forefront in the coming years. Branding is crucial to the success of agricultural products, especially hazelnuts and tea, which are increasingly important sources of income. The public’s orientation in this manner regarding agricultural support provided will have a major effect.