IBOV 177,866 ▲ 2.97% IPSA 11,057 ▲ 0.28% IPC MEX 66,496 ▲ 0.59% MERVAL 3,280,224 ▲ 2.43% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,194.27 ▲ 1.29% USD/BRL 5.11 — 0.00% USD/MXN17.47▲ 0.01% USD/CLP923.90▼ 0.41% USD/COP3,237▼ 0.27% USD/PEN3.41▲ 0.44% USD/ARS1,487▼ 0.03% USD/UYU40.22▲ 1.37% USD/PYG6,055▲ 1.45% USD/BOB10.14▲ 4.01% USD/DOP58.61▲ 0.22% USD/CRC448.82▲ 1.41% USD/GTQ7.63▲ 2.31% USD/HNL26.72▲ 0.09% USD/NIO 36.62 — 0.00% USD/VES719.54▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD158.09▲ 0.40% USD/TTD6.75▲ 1.44% EUR/BRL5.84▲ 0.33% BRENT 77.33 ▲ 1.74% WTI 72.66 ▲ 1.75% IRON ORE 161.91 — — COPPER 6.27 ▲ 0.52% GOLD 4,081 ▼ 0.57% SILVER 59.00 ▼ 1.36% SOY 1,196 ▼ 0.06% CORN 465.50 ▲ 6.28% WHEAT 637.50 ▲ 0.87% COFFEE 331.85 ▼ 3.25% SUGAR 14.68 ▼ 1.34% ORANGE JUICE 143.25 ▼ 4.44% COTTON 81.35 ▲ 1.79% COCOA 5,596 ▼ 5.46% BEEF 230.55 ▼ 2.00% CATTLE 354.60 ▼ 0.44% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.06 ▲ 0.23% TELEVISA 9.74 ▲ 2.63% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 182.08 ▲ 0.65% GRUMA 282.99 ▲ 0.14% KIMBER 38.13 ▼ 0.81% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 0.50% ASUR 285.12 ▲ 0.53% OMA AIRPORT 108.09 ▼ 0.22% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.70 ▲ 0.55% CEMEX ADR 12.48 ▲ 0.89% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.39 ▲ 4.86% AMBEV ADR 3.07 ▲ 0.99% CSN 1.01 ▲ 5.79% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.45 ▼ 1.03% BTC 63,052 ▼ 1.11% ETH 1,785 ▼ 1.17% SOL 76.59 ▼ 0.37% XRP 1.08 ▼ 0.70% BNB 568.96 ▼ 0.87% ADA 0.16 ▼ 1.33% DOGE 0.07 ▼ 0.53% AVAX 6.65 ▲ 3.87% LINK 7.99 ▼ 0.01% DOT 0.83 ▼ 1.45% LTC 43.83 ▼ 0.32% BCH 237.98 ▼ 0.83% TRX 0.33 ▼ 0.41% XLM 0.18 ▼ 1.43% HBAR 0.07 ▼ 0.30% NEAR 1.91 ▲ 1.08% ATOM 1.54 ▼ 1.35% AAVE 95.36 ▼ 1.75% SELIC 14.25% EMBRAER 84.60 ▲ 0.88% EMBRAER ADR 66.01 ▲ 0.72% JBS 11.91 ▲ 1.53% JBS BDR 60.78 ▲ 1.22% MBRF3 15.55 ▲ 0.91% MBRFY 2.97 ▼ 1.00% INTER 5.82 ▲ 1.93% EGX 52,660 ▲ 0.77% USD/ZAR 16.35 — 0.00% USD/NGN 1,376 — 0.00% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,227 ▲ 0.08% KOSPI 6,807 ▼ 8.95% JCI 6,038 ▲ 1.92% USD/JPY162.00▲ 0.18% USD/CNY6.78▲ 0.02% DAX 25,097 ▲ 0.12% CAC 8,343 ▲ 0.05% FTSE 10,499 ▲ 0.02% MIB 52,754 ▲ 0.27% IBEX 19,406 ▲ 0.11% STOXX 640.49 ▼ 0.10% EUR/USD1.14▲ 0.29% GBP/USD1.34▲ 0.01% SPX 7,575 ▲ 0.42% DJI 52,637 ▲ 0.29% NDX 29,825 ▲ 0.33% RUT 2,978 ▼ 0.49% TSX 35,305 ▲ 0.30% VIX 16.24 ▲ 8.05% USD/CAD1.41▼ 0.14% US10Y 4.5690 ▲ 0.66% IBOV 177,866 ▲ 2.97% IPSA 11,057 ▲ 0.28% IPC MEX 66,496 ▲ 0.59% MERVAL 3,280,224 ▲ 2.43% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,194.27 ▲ 1.29% USD/BRL 5.11 — 0.00% USD/MXN 17.47 ▲ 0.01% USD/CLP 923.90 ▼ 0.41% USD/COP 3,237 ▼ 0.27% USD/PEN 3.41 ▲ 0.44% USD/ARS 1,487 ▼ 0.03% USD/UYU 40.22 ▲ 1.37% USD/PYG 6,055 ▲ 1.45% USD/BOB 10.14 ▲ 4.01% USD/DOP 58.61 ▲ 0.22% USD/CRC 448.82 ▲ 1.41% USD/GTQ 7.63 ▲ 2.31% USD/HNL 26.72 ▲ 0.09% USD/NIO 36.62 — 0.00% USD/VES 719.54 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 158.09 ▲ 0.40% USD/TTD 6.75 ▲ 1.44% EUR/BRL 5.84 ▲ 0.33% BRENT 77.33 ▲ 1.74% WTI 72.66 ▲ 1.75% IRON ORE 161.91 — — COPPER 6.27 ▲ 0.52% GOLD 4,081 ▼ 0.57% SILVER 59.00 ▼ 1.36% SOY 1,196 ▼ 0.06% CORN 465.50 ▲ 6.28% WHEAT 637.50 ▲ 0.87% COFFEE 331.85 ▼ 3.25% SUGAR 14.68 ▼ 1.34% ORANGE JUICE 143.25 ▼ 4.44% COTTON 81.35 ▲ 1.79% COCOA 5,596 ▼ 5.46% BEEF 230.55 ▼ 2.00% CATTLE 354.60 ▼ 0.44% LITHIUM 72.32 ▼ 0.69% PETR4 39.65 ▲ 1.12% VALE3 74.18 ▲ 1.41% ITUB4 44.30 ▲ 4.02% BBDC4 18.86 ▲ 4.78% ABEV3 15.82 ▲ 0.64% BBAS3 20.58 ▲ 2.90% B3SA3 15.42 ▲ 4.26% WEGE3 46.51 ▲ 1.68% PRIO3 55.45 ▼ 0.29% SUZB3 41.55 ▲ 1.27% RENT3 41.10 ▲ 4.31% AZZA3 19.10 ▲ 3.47% CSAN3 4.07 ▲ 5.44% RAIZ4 0.35 ▼ 5.41% PCAR3 2.73 ▼ 1.09% GMAT3 3.97 ▲ 1.02% PSSA3 54.97 ▲ 3.04% CVCB3 1.25 — 0.00% POSI3 3.97 ▲ 3.12% SLCE3 14.02 ▲ 1.67% NATU3 8.68 ▲ 2.60% BRKM5 6.63 ▲ 4.25% RANI3 8.01 ▲ 1.91% CSNA3 5.18 ▲ 7.92% CMIN3 5.23 ▲ 8.28% USIM5 8.45 ▲ 1.20% GGBR4 23.01 ▲ 2.36% ENEV3 27.55 ▲ 5.15% CPFE3 47.87 ▲ 3.41% CMIG4 11.38 ▲ 2.71% EQTL3 40.91 ▲ 3.54% LREN3 14.62 ▲ 3.32% VIVT3 35.75 ▲ 3.62% RAIL3 14.36 ▲ 4.44% KLABIN 17.54 ▲ 0.80% RAIA DROGASIL 18.77 ▲ 3.53% RDOR3 36.02 ▲ 2.48% HAPV3 10.60 ▲ 5.26% FLRY3 16.42 ▲ 4.25% SMTO3 16.37 ▲ 1.99% UGPA3 30.71 ▲ 2.03% VBBR3 33.00 ▲ 2.80% BBSE3 40.35 ▲ 2.72% BPAC11 58.73 ▲ 5.48% CURY3 34.21 ▲ 4.62% AERI3 2.09 ▲ 1.46% VIVARA 23.53 ▲ 4.21% COMPASS 25.50 ▲ 3.32% VAMOS 3.06 ▲ 3.38% SANB11 27.62 ▲ 5.22% ASAI3 8.87 ▲ 4.85% SBSP3 31.11 ▲ 3.70% WALMEX 49.31 ▲ 0.59% GMEXICO 198.62 ▲ 1.68% FEMSA 223.20 ▲ 0.37% CEMEX 21.82 ▲ 0.51% GFNORTE 186.51 ▲ 0.63% BIMBO 56.06 ▲ 0.23% TELEVISA 9.74 ▲ 2.63% AMX 22.70 ▲ 0.27% GAP 412.01 ▼ 0.41% ASUR 285.12 ▲ 0.53% OMA 235.73 ▼ 0.95% KOF 182.08 ▲ 0.65% GRUMA 282.99 ▲ 0.14% KIMBER 38.13 ▼ 0.81% SQM-B 67,750 ▼ 1.95% COPEC 6,139 ▲ 1.98% BSANTANDER 79.00 ▲ 1.94% FALABELLA 5,905 ▲ 0.92% ENELAM 85.40 ▲ 1.47% CENCOSUD 2,045 ▼ 0.55% CMPC 1,109 ▲ 1.32% BANCO CHILE 188.88 ▲ 1.01% LATAM AIR 26.26 ▼ 0.53% YPF 74,450 ▼ 1.75% GGAL 8,350 ▲ 5.96% PAMPA 5,185 ▼ 0.38% TXAR 671.00 ▲ 0.98% ALUAR 978.00 ▲ 0.98% TGS 9,610 ▲ 3.22% CEPU 2,405 ▲ 3.89% MIRGOR 17,375 ▲ 1.02% COME 45.90 ▲ 1.06% LOMA NEGRA 3,583 ▲ 2.43% BYMA 314.00 ▲ 1.37% TELECOM ARG 4,248 ▲ 3.09% ECOPETROL 15.59 ▲ 1.27% BANCOLOMBIA 82.95 ▲ 2.50% GRUPO AVAL 5.08 ▲ 1.20% CREDICORP 400.81 ▲ 2.27% SOUTHERN COPPER 175.83 ▲ 0.80% BUENAVENTURA 30.00 ▲ 1.52% MERCADOLIBRE 1,852 ▲ 2.46% NUBANK 13.76 ▲ 0.66% XP 16.92 ▲ 3.11% PAGSEGURO 9.25 ▲ 2.78% STONE 11.21 ▲ 2.28% GLOBANT 29.96 ▼ 4.25% TECNOGLASS 43.90 ▲ 1.76% GAP AIRPORT 235.64 ▲ 0.50% ASUR 285.12 ▲ 0.53% OMA AIRPORT 108.09 ▼ 0.22% AMX ADR 26.04 ▲ 0.77% FEMSA ADR 127.70 ▲ 0.55% CEMEX ADR 12.48 ▲ 0.89% PETROBRAS ADR 17.32 ▲ 1.70% VALE ADR 14.46 ▲ 1.69% ITAU ADR 8.62 ▲ 4.11% SANTANDER BR 5.39 ▲ 4.86% AMBEV ADR 3.07 ▲ 0.99% CSN 1.01 ▲ 5.79% GERDAU 4.50 ▲ 2.04% LATAM ADR 56.45 ▼ 1.03% BTC 63,052 ▼ 1.11% ETH 1,785 ▼ 1.17% SOL 76.59 ▼ 0.37% XRP 1.08 ▼ 0.70% BNB 568.96 ▼ 0.87% ADA 0.16 ▼ 1.33% DOGE 0.07 ▼ 0.53% AVAX 6.65 ▲ 3.87% LINK 7.99 ▼ 0.01% DOT 0.83 ▼ 1.45% LTC 43.83 ▼ 0.32% BCH 237.98 ▼ 0.83% TRX 0.33 ▼ 0.41% XLM 0.18 ▼ 1.43% HBAR 0.07 ▼ 0.30% NEAR 1.91 ▲ 1.08% ATOM 1.54 ▼ 1.35% AAVE 95.36 ▼ 1.75% SELIC 14.25% EMBRAER 84.60 ▲ 0.88% EMBRAER ADR 66.01 ▲ 0.72% JBS 11.91 ▲ 1.53% JBS BDR 60.78 ▲ 1.22% MBRF3 15.55 ▲ 0.91% MBRFY 2.97 ▼ 1.00% INTER 5.82 ▲ 1.93% EGX 52,660 ▲ 0.77% USD/ZAR 16.35 — 0.00% USD/NGN 1,376 — 0.00% NIKKEI 67,243 ▼ 1.92% CSI300 4,695 ▼ 1.79% HSI 24,214 ▲ 0.16% NIFTY 24,227 ▲ 0.08% KOSPI 6,807 ▼ 8.95% JCI 6,038 ▲ 1.92% USD/JPY 161.99 ▲ 0.20% USD/CNY 6.7803 ▲ 0.20% DAX 25,097 ▲ 0.12% CAC 8,343 ▲ 0.05% FTSE 10,499 ▲ 0.02% MIB 52,754 ▲ 0.27% IBEX 19,406 ▲ 0.11% STOXX 640.49 ▼ 0.10% EUR/USD 1.1435 ▲ 0.14% GBP/USD 1.3388 ▼ 0.07% SPX 7,575 ▲ 0.42% DJI 52,637 ▲ 0.29% NDX 29,825 ▲ 0.33% RUT 2,978 ▼ 0.49% TSX 35,305 ▲ 0.30% VIX 16.24 ▲ 8.05% USD/CAD 1.4141 ▼ 0.08% US10Y 4.5690 ▲ 0.66%
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Monday, July 13, 2026

Latin America Life & Society

Turkey: New route for South American cocaine

By · July 29, 2022 · 3 min read

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With the help of Latin American criminal groups, Turkish criminal organizations are expanding cocaine distribution in Europe and the Middle East.

International law enforcement agencies have seized record quantities of the drug en route from South America to Turkey, according to a late June report by InSight Crime, an organization that investigates organized crime in Latin America and the Caribbean.

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These groups have created new routes from South America. The sea route, with large containers leaving from ports in Ecuador, Colombia, Panama, and Brazil, among others, is the preferred route for international drug smuggling.

The number of cocaine seizures in Turkey is increasing. One of the most important finds in 2021 was 1.3 tons of cocaine from Ecuador.
The number of cocaine seizures in Turkey is increasing. One of the most important finds in 2021 was 1.3 tons of cocaine from Ecuador. (Photo: internet reproduction)
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On June 23, Ecuadorian National Police seized 850 kilograms of cocaine hidden among bananas in a container destined for Turkey at the port of Guayaquil. In the Turkish port of Mersin, authorities seized 258 kilograms of cocaine in a container of bananas on April 16, Turkish Interior Minister Süleyma Soylu said via Twitter. The container had come from the Ecuadorian port of Guayaquil, according to “InSight Crime.”

In February, Ecuadorian anti-drug agents seized 44 packages of cocaine in a banana container at the port of Guayaquil. According to Ecuadorian police, the drugs were destined for Turkey.

The number of cocaine seizures in Turkey is increasing. One of the most important finds in 2021 was 1.3 tons of cocaine from Ecuador. In 2020, Turkish authorities seized 2 tons; in 2019, more than 1,600 kilograms, and in 2018, 1.5 tons of cocaine, Turkish police reported.

THE TIP OF THE ICEBERG

According to experts interviewed by InSight Crime, these seizures are just the tip of the iceberg, as Turkish organized crime, which has traditionally dominated the heroin trade in Europe, is increasingly turning to cocaine to compensate for the drop in opiate prices.

Fredy Rivera, an expert on security and organized crime and a professor at Ecuador’s Latin American Faculty of Social Sciences, said the seizures point to “a diversification of markets, the expansion of the permeability of control systems, and the opening of a new link through a bridge across Turkey.”

Although Ecuador does not have strong links with Turkey, “the hiding [of cocaine in banana shipments] by other countries will increase because it is one of the main export products, and it must be taken into account that there is indeed a strategic rise of Ecuador in organized crime in its different variants, mainly cocaine,” he added.

FACTORS AND LINKS

After the historic seizures in the U.S. and Europe, drug traffickers began looking for alternatives to bring their goods to Turkey, according to “InSight Crime.” As demand for cocaine increased, Turkish drug traffickers crossed the Atlantic.

Another reason for the increase in cocaine trafficking through Turkey is Venezuela’s economic collapse, which has led the regime of Nicolás Maduro to “rely on organized crime links to trade drugs, gold, and oil to finance its budget,” according to Eduardo Buscaglia, a researcher at Columbia University in New York.

The links through which drugs enter Turkey are complex, Rivera said. “The operators of the Turkish criminal organizations are external actors, with alliances, straw men, lawyers and corrupt officials in Latin America.” They include dissidents from the Revolutionary Armed Forces of Colombia (FARC).

Turkey is also of interest to Mexico’s Sinaloa Cartel to launder its illicit earnings. This group “has evolved into a multinational criminal enterprise that extends to all types of crime. Turkey is a low-cost country because it is an important regional economy well connected to Europe,” Buscaglia said.

FIGHTING AT THE ROOT

Reducing the global drug trafficking threat requires a sustained political commitment by partner governments, backed by U.S. assistance, to tackle all links in the chain from suppliers to consumers.

According to the U.S. State Department’s website, it means curbing illicit drug production, interdicting drug shipments, combating illegal financing, and reducing demand for drugs everywhere.

Interagency coordination and international cooperation in the fight against drug trafficking in the Caribbean and Latin America “is critical,” Rivera said. “We need direct, accurate, and broad-based cooperation with good analysis of vulnerabilities and needs, with much more information sharing, trust, and recognition of states’ efforts to combat this scourge,” he concluded.

With information from Latina Press

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