Export of Turkish auto industry in EU grew by 20%

Export of the Turkish Auto -Locomotive of the Turkish Economy – to the countries of the European Union (EU) in six months of 2023, 20 percent increased compared to the same period last year to 11 billion 988 million $ 673 thousand.

Such data are given by Anadolu with reference to the data of the Association of Exporters of the Automobile Industry of Turkey Uludag (Oİb) and the Assembly of Exporters of Turkey (TIM).

In general, the export of products of the Turkish auto industry in January-June 2023 increased by 14 percent compared to the same period of 2022- up to 17 billion 337 million 288 thousand dollars.

The sector in the first half of 2023 sold its products in more than 190 countries, autonomous and free zones.

The leading importers of the products of the Turkish auto industry for 6 months of 2023 became EU countries with a share of 69.2 percent. The volume of sales in these countries increased by 20 percent compared to the same period last year – up to 11 billion 988 million 673 thousand dollars.

Germany, the main market of the automotive industry, attracted attention as a country with the highest export indicator. The growth amounted to 10 percent compared to the indicator of the same period last year.

top-10 leading countries of the Turkish automotive industry in the first half of 2023, 7 of which are EU members:

country January-June 2022 ($) January-June 2023 ($) Change (%) Germany 2.210.529.109 2.436.353.660 10 France 1.527.321.783 2.192.198.983 44 Great Britain 1.572.703.681 1.613.873.004 3 Italy 1.255.021.335 1.527.211.078 22 Spain 980.028.464 1.277.434.266 30 Poland 742.391.359 831.668.840 12 Slovenia 589.115.137 741.683.399 26 Belgium 546.212.578 665.460.812 22 USA 777.050.292 519.649.534 -33 Russia 247.572.533 460.027.866 86