Economic Indicators

East Black Sea Exports Surge Over $1 Billion in 7 Months: 124 Countries, Record Growth

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Key Highlights

Doğu Karadeniz’in ihracat kanadında, 7 aylık dönemde **1 milyar dolar**ı aşan bir hacimle **124 ülkeye** dağıtılan ihracat, bölgenin küresel tedarik z

East Black Sea Exports Surge Over $1 Billion in 7 Months: 124 Countries, Record Growth

East Black Sea’s export corridor has cemented its pivotal role in the global supply chain by dispatching over $1 billion to 124 countries in a 7‑month span.

Regional Export Performance

  • Trabzon: $841 million 470 thousand (YoY +18%)
  • Rize: $119 million 758 thousand (YoY +4%)
  • Gümüşhane: $76 million 929 thousand (YoY +36%)
  • Artvin: $54 million 604 thousand (YoY +33%)
  • Product Portfolio Diversity

  • Hazelnuts: $563 million 178 thousand (largest segment)
  • Minerals & Metals: $150 million 614 thousand
  • Seafood & Livestock Feed: $132 million 335 thousand
  • Fresh Fruits & Vegetables: $88 million 921 thousand
  • New Market Penetrations

  • Philippines, Argentina, El Salvador, Sudan, French Guiana, Gambia, Maldives, Guyana, Turkmenistan, Gabon, Hong Kong
  • Market Implications & Investment Opportunities

  • Italy, Russia, Georgia, Germany and France account for over 70% of the export volume.
  • Exports to Italy rose +3%, Russia +10%, Georgia +18%, Germany +51%, and France +72%.
  • Diversification of the regional exporter base mitigates risk exposure across markets.
  • Growth in hazelnuts and minerals/metals opens new avenues for supply‑chain investment.
  • Markets view the East Black Sea export boom as a “fresh energy” surge, signalling new growth corridors for local producers while spotlighting global supply‑chain vulnerabilities.

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