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The goods turnover between the Krasnodar Krai and Turkey will amount to approximately US$1.5 billion in 2022

On 26 January, a delegation from the Republic of Turkey visited Krasnodar as part of the implementation of the national project «International cooperation and export» in order to widen the cooperation with the region.

At present, more than 100 Kuban companies export their products to Turkey. The main exported products are cereals, agricultural refuse, sunflower oil, fertilisers, and beet molasses.

The representatives of Turkish companies met the Krasnodar Krai authorities and businessmen in the Centre for Export Support of the Krasnodar Krai. During the meeting, they discussed the export of cereal and oil crops as well as the cooperation of Turkish entrepreneurs with Kuban suppliers.

In 2020, external turnover between the Krasnodar Krai and Turkey amounted to US$1.4 billion. During 11 months of 2021 this figure is expected to increase up to US$1.5 billion. Export forms the biggest share of the turnover with US$752.4 million, while import amounts to US$684.9 million.