Browse Data and Analysis

On January 3, 2022, Turkey announced the domestic producer price index (PPI) inflation in the second half of 2021 was 47.39 percent, therefore triggering an automatic increase in the fixed-amount Special Consumption Tax (SCT) for alcohol beverages, soft drinks, fruit juice, and tobacco products.

Turkey has removed the tariff increases imposed on US products in August 2018, halving the total additional tariffs imposed in 2018, effective immediately on May 21, 2019.

Turkey reduced the import tariff on Brans under HS code 2302 from 5 percent to 0 percent according to a governmental decree.

U.S. exports of consumer-oriented products to Aruba reached an all-time high of $74 million in 2016 and are on pace to reach another record level in 2017.

On January 1, 2017, the Government of Turkey (GOT) announced increases to special consumption taxes for all alcoholic beverages except wine.

Despite the slowdown in the growth of the Turkish economy in general, the food retail sector is expected to grow eight percent annually. The total retail sector in Turkey reached US$214 billion...

On January 1, 2016, the Government of Turkey (GOT) announced increases to special consumption taxes, which include taxes on alcohol and tobacco.

In June 2013, the Government of Turkey (GOT) enacted sweeping legislation to amend its existing alcohol laws.