Flour and Flour Products Exporters Union turned to Latin American countries due to problems and currency in near markets. Target of the union is to make 100 million dollar export to 9 Latin American countries.
Flour and Flour Products Exporters Union started to work for exporting 10 Latin American countries. According to the news of Ferit Parlak in Dünya Gazette; flour exporters having low export prices due to problems in currency and markets found the solution in new market seeking. Union members targeting Latin American countries made an export of 11 million dollar in 2014 as a result of their ongoing works in Brazil for 1,5 years. Targeting to increase export amount to 25 million dollar in 2015, union members aims to make export of 100 million dollar to 9 Latin American countries that they couldn’t make any export so far by 2017.
For that purpose, 13 Turkish companies participating in the food expo organized in Sao Paulo, the largest industrial state in Brazil, with the support of Exporters’ union promoted their products to the visitors from Latin America. President of Central Anatolian Exporters Union, Turgay Ünlü said: “Exportation is in declining in parallel to currency. Due to increasing currency in the world, demand is decreasing. Due to currency, increasing inflation cause demands to decrease. Although export amount increases income decreases 2 percent. Decreased oil priced caused demands in Iraq and Middle East which is our largest food market to decline. For this reason, we need to lead our producers to the new markets. So we have been working in Latin American market for nearly 1,5 years. We had not exported to this market in the history of Republic. We started as a result of these works.”