Export Numbers of the Turkish Automotive Sector

The automotive industry ranks first in exports in Turkey. For this reason, data on automobile exports is of great importance. A new statement made by the Uludağ Automotive Industry Exporters Association revealed the data for March.

According to the statements, the automotive industry was 3.2 billion dollars of exports carried out. This means there was a decrease of 1.8% compared to March last year.

There is an increase in exports compared to the first three months of last year

Although there was a decrease in the March comparison, there was an increase on a quarterly basis. So much so that Turkey’s automotive exports will increase in the first three months of 2024. 9 million 132 million dollars reaching 6% increase compared to the previous year. The share of the automotive industry in exports is 14.3% It was announced as.

Passenger car exports fell

There is an opposite situation regarding passenger cars. There was a double-digit decrease in exports on this side. According to the statement, in March, $881 million, a decrease of 12.5% Passenger vehicle exports were carried out. A 13% decrease was also reported in exports to France, the country with the most exports in passenger cars.

Exports of 1 billion 297 million dollars were made in the supply industry, 647 million dollars in exports of motor vehicles for transporting goods, and 264 million dollars in bus-minibus-midibus exports, an increase of 48%. The largest export in the automotive industry in March Again to Germany with 409 million dollars was carried out. However, there was a 14% decrease in exports to Germany. Germany with 365 million dollars Francewith 330 million dollars Italy followed.