Area
Turkey
Commodity Group
Oilseeds, oils and meals
Commodity
Sunflower seed, sunflower oil, rapeseed, rape oil, safflower, safflower oil
Date
01/11/2020
Policy Category
Trade
Policy Instrument
Import policies (tariff measures)
Description
In November 2020, concerned about possible domestic supply shortages, the Government suspended the duties applied to sunflower seed imports for a period of eight months. Subsequently, the duties charged to sunflower oil imports were first lowered and then suspended for a four-month period. Furthermore, the temporary tariff suspensions were extended to rapeseed, safflower and their respective oils.
Notes
TURKEY import policy: On 5 November 2020, the Government announced that the 3 percent tariff and the flat duty of EUR 100 per tonne (USD 121) applied to sunflowerseed imports would be suspended for eight months until end-June 2021. Towards end-November, to secure sufficient supplies for local refiners amid surging international prices, the Government also lowered the import duty on sunflowerseed oil from 36 percent to 3 percent, while the applicable EUR 100 flat rate would be reduced to EUR 60 per tonne (USD 73).
