Turkish Automotive Sector Sets an Export Record of 2.2 Billion Dollars

Turkish Automotive Sector Sets an Export Record of 22 Billion

According to the data of Uludag Automotive Industry Exporters’ Association (OIB); Turkey, which has been the export champion of the Turkish economy for 16 consecutive years. Automotive sector exports decreased by 1.6 percent in January to 2.2 billion dollars. (29.85 billion TL) it happened. According to the data, despite the decrease; The share of the sector, which still ranks first in the country’s exports, in total exports was 12.7%.

OIB President Baran Celik, The world’s semiconductor material crisis in the first month of 2022Stating that it continues to face a wide range of problems such as raw material supply problems and increasing costs; “The largest product group was again the sub-industry.” said.

While exports of automobiles, buses, minibuses and midibuses decreased, increase in auto sub-industry sales He said he saw it. In addition, “in countries such as the United Kingdom, the United States and Egypt; We recorded high increases of up to 40 percent,” he said.

In addition, sub-industry exports on the basis of product group increased by 7% in January to 951 million dollars; automobile exports decreased by 21% to 654 million dollars; exports of motor vehicles for the transportation of goods. up 3% to $440 million rose.

While exports to Germany, which is the country where the most exports are made in the automotive sub-industry, increased by 3% in January; in export to the USA 12% increase seen. Meanwhile, exports to the European Union countries, which are the largest market on the basis of country group; in January It decreased by 11% to $1.39 billion. EU countries received a 62% share of exports.

See: Tesla officially entered the Turkish automobile market

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