Automotive Exports July 2018

Monthly automotive aftermarket magazine
Turkey’s automotive exports
prosper and account for 20
pct of overall exports
The automotive industry, which led Turkish exports for the last 12 years,
has kept an upward trend over the last 28 months.
The sector’s exports amounted to $2.8 billion in May with an increase of
8 percent compared to the same month of last year, according to the May
data of Uludağ Automotive Industry Exporters’ Association (OİB).
It once again shouldered a one-fifth of Turkey’s total exports with a share of
almost 20 percent.
Having achieved its highest May figures so far, the sector boosted its
exports by 17 percent in the first five months from January to May, reaching
$13.9 billion, as it maintained leading position in Turkey’s exports.
In terms of product groups,
exports of automotive subindustry
increased 24 percent to reach
$1 billion in May. Automobile
exports, however, decreased
by 4 percent to $1.05 billion,
while exports of light commercial
vehicles rose by 9 percent to $471
million. Meanwhile, exports of
buses, minibuses and midibuses
decreased by 4 percent to $149
million during this period.
Exports to Germany, the largest
market in the automotive subindustry,
rose by 23 percent,
followed by France with 27
percent, Romania with 47
percent, the U.S. with 49 percent
and Russia with 56 percent.
Exports to France, the largest
market in automobile exports,
rose by 23 percent, followed by
the U.K. with 23 percent and the
Netherlands with 122 percent,
while exports to Germany
decreased by 29 percent. It was
followed by Italy with 12 percent,
Israel with 19 percent and Poland
with 36 percent.
82 JULY 2018