Turkey targets $3 billion in seafood exports by 2028

Turkish Minister of Agriculture and Forestry İbrahim Yumaklı announced a target of $3 billion in seafood exports by 2028 during a visit to Muğla, a key aquaculture region. The statement was made as part of a broader program to promote the sector's growth. Turkey is a significant producer of sea bass and sea bream, and the government aims to boost exports through investment and regulatory support. The target represents a substantial increase from current levels, reflecting ambitions to expand Turkey's share in the global seafood market.

Global Impact

Economically, Turkey's seafood export target could reshape regional supply dynamics, particularly in the Mediterranean aquaculture market, where Turkey is already a top producer. Politically, the goal aligns with Turkey's broader strategy to reduce trade deficits and boost rural development.