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USDA Sets Sights on Trade Expansion in Turkey

USDA Sets Sights on Trade Expansion in Turkey

United States agricultural delegation tours Turkey to promote U.S. ag products

Acting Deputy Secretary for Agriculture Michael Scuse this week is leading a U.S. delegation of representatives from more than 20 U.S. companies and six states.

Companies attending the Turkey trade mission represent a wide variety of agricultural products including dry beans, fruit and nuts, agricultural machinery and more.

The delegation will learn about Turkey's expanding market conditions, which will allow U.S. companies to develop market strategies for the country.

"People around the world continue to demand U.S. food and agricultural products, boosting American businesses and supporting our rural communities," Scuse said.

USDA delegation tours Turkey this week to promote U.S. agricultural exports

By participating in this trade mission, Scuse said U.S. agribusinesses will gain first-hand market information and meet with distributors, importers and other business contacts so they can position themselves to expand their presence in Turkey by promoting quality and reliability of their products.

Turkey's expanding middle class makes it a key market for ag products. In fiscal year 2012, two-way ag trade between the two countries reached more than $2.4 billion, with U.S. exports accounting for more than 75% of the total.

Turkey is also the second-largest country participant in USDA's GSM-102 program, which provides credit guarantees to encourage financing of commercial exports of U.S. agricultural products while providing competitive credit terms to buyers.

In FY 2012, GSM-102 supported sales of approximately $700 million in agricultural commodities to Turkey, including 70% of all U.S. soybean and soybean meal exports to Turkey and 35% of all cotton.

Source: USDA

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