Turkey's Hazelnut Exports Generate $2.4 Billion in 11 Months

The Turkish Hazelnut Exporters Association reported that for the period 1 September 2025‑31 July 2026, $2.400 billion worth of 186,400 tonnes of hazelnuts were sold abroad.

Hazelnut Sector’s Quantitative Surge

According to the association’s data, the previous period saw 295,460 tonnes of hazelnut exports generating $2.433 billion in revenue; this indicates a sharp drop in volume but a modest decline in earnings.

Trade Balance and Foreign‑Currency Inflow

The foreign‑currency inflow from exports contributes positively to Turkey’s trade balance, potentially easing the current account deficit and slightly relieving pressure on the Turkish lira.

Market Implications of Export Performance

■186,400 tonnes of hazelnuts delivered $2.40 billion in foreign‑currency earnings.

■Volume fell by ‑37%, while revenue declined only ‑5%.

■This export accounts for approximately 1.2% of Turkey’s total foreign‑trade earnings.

Markets are watching how the hazelnut export swing reshapes risk perception in non‑agricultural sectors. The lower volume may signal rising inventories and price pressure, yet the robust currency inflow supports short‑term lira stability. Investors should reassess positions in food‑commodity futures and related equities.