Marmarabirlik’s new route to Europe for olive oil quota wall

For overcoming EU quotas Marmarabirlik engages in transit trade by importing from Spain to sell it in European markets through its Germany branch. Leader in exports of tabletop olives, Marmarabirlik seek ways to overcoming quotas imposed by EU. Chairman of Marmarabirlik Hidamet Asa said, “We start to buy olive oil from Spain and to sell it in the Europe, the biggest export market for our company. We got deals with a supplier company in Spain. Delivery will start soon. “Quotas imposed by EU on Turkish olive oil exports is only 100 tons. This limits our sales and we cannot export more. For extra exports we have to pay 1.3 Euro customs duty for every excess kilogram. We want built our brand in this market as well. We reorganized our distribution network in Europe having multiple distributors all supplied by our Germany branch. Our profits have improved and reached to 7 million TL. Volume of exports rose to 5.5 thousand tons.”