Turkey’s tobacco exports booming

Turkey is expected this year to export tobacco worth more than $1 billion, which would represent an 18.3 percent increase on last year’s exports, worth $845 million, according to a Hurriyet story quoting data supplied by the Turkish exporters’ association.

In July, the value of the country’s tobacco exports surged to $90.3 million, up 120 percent on that of July 2012, $41.0 million.

The tobacco sector was the second-highest export earner in July, after the olive and olive oil sector.