Higher Iraqi Taxes hit Turkish Poultry Exporters

[Soledad]

Posted on 04 March 2015 . Tags: Duty, eggs, food, food imports, Import tariffs, Iran, Poultry, protectionism, taxation,Turkey

 

By John Lee.

New taxes in force since the beginning of last week mean that Turkish producers exporting into Iraq now need to pay US$290 per ton of exported chicken meat, rather than $35 previously.

 

As a result, the Turkish poultry sector, which has the fourth largest share in the world’s poultry market, risks losing its biggest market, Iraq.

 

The Poultry Site quotes the head of the Turkish poultry meat producers and breeders association, Sait Koca, as saying:

 

“Turkish producers exported around 227,000 tons of poultry to Iraq in 2014 for around $443 million. Unless the new custom taxes are revoked, we are likely to lose our biggest export market to Brazilian exporters.”

 

Turkish exporters use the Habur Border Gate to enter the Iraqi market; Koca said they can also use the Iranian border gates but the Iranian side demands $100 from each truck.

 

Ömer Görener, chairman of Turkish poultry producer Banvit, told Hurryiat Daily News:

 

“Iraq asks for only $35 per ton at other border gates for poultry imports coming from Brazil or Iran. With the new taxes, our poultry’s price is $255 higher than others per ton, damaging our competitiveness.”

 

The Iraqi side has also begun implementing the same rise in taxes on egg imports from Turkey, which had been sending more than 250 trucks full of eggs to Iraq until recently, making over $410 million of contributions to exports to the Turkish economy annually. Around 90 per cent of Turkey”s egg exports are to Iraq.

 

(Source: The Poultry Site)

(Poultry image via Shutterstock)

[Big_J]

WELCOME TO TAX COUNTRY!

[chinadawg]

Time to pay the piper.

[sourpuss]

Glad to see the taxes being implemented

[King Bean]

Article clearly shows substantial increases in prices and quote "...with the NEW taxes..." so this should indicate tariffs in effect as expected. Wouldn't want to be in Iraq buying poultry and eggs.....without increased buying power for the dinar, of course. And 90% of Turkey egg production is sold to Iraq?  That's a lot of camel omelets. How long before the inflation numbers start to rise??

Edited March 4, 2015 by King Bean

[Big_J]

Another article states that inflation has exceeded 25% now. 

 

 

 

 

 

http://dinarvets.com/forums/index.php?/topic/198283-minister-of-labor-unemployment-rate-in-iraq-has-exceeded-the-25/

Edited March 4, 2015 by Big_J

[Big_J]

My bad King Bean that's unemployment my friend.

[DinarThug]

Wtf - A 'Poultry' Tax Against Turkey ?

Where's The Obama Administration And Eric Holder To Scream 'Discrimination' ?

[SeoWebTech]

Wtf - A 'Poultry' Tax Against Turkey ?

Where's The Obama Administration And Eric Holder To Scream 'Discrimination' ?

:D

Ha...LMAO  - Only from a Clown. nice.

[deniscanada]

Wtf - A 'Poultry' Tax Against Turkey ?

Where's The Obama Administration And Eric Holder To Scream 'Discrimination' ?

:D

Wtf - A 'Poultry' Tax Against Turkey ? 

When I saw the title I thought the same thing. lol

They say that great minds think alike. But fools seldom differ. I'd like to think we are in the first catagory.

[gymrat76541]

Yup, clear indication that you have government - T A X E S ! LOL

[fishing]

Good news, how are the locals going to afford the new taxes!

[KDuesing]

I thought they we not going to tax things like food.

[sandfly]

GOOD ONE CLOWN