Automotive Exports July 2018

Monthly automotive aftermarket magazine
U.K. exports, the largest market
for light commercial vehicles,
fell by 7 percent. Exports in the
same product group increased
by 37 percent in Italy, 23 percent
in France and 26 percent in
Germany.In the bus-minibusmidibus
product group, exports
to Germany - the biggest market
for Turkish makers - experienced
a 23 percent decrease, followed
by France with 26 percent. At
the same time, exports to Italy
rose by 68 percent. Sales in the
U.K. and Spain for this group fell
by 35 percent and 184 percent,
respectively.
On a country-by-country basis,
exports to Germany, the largest
market, rose by 5 percent to
$423 million, while exports to the
second largest market, Italy, stood
at $310 million with an increase
of 5 percent. Meanwhile, exports
to France, the third largest
market for Turkey's automotive
exports, increased by 16 percent
to $308 million. The 23 percent
increase in automobiles and 91
percent increase in subindustry
exports were also effective in this
significant increase in France.
Among other important markets,
the Netherlands recorded an
increase of 40 percent in exports,
followed by Romania with 42
percent and Russia with 94
percent, while exports to the U.S.
dropped by 50 percent. The 122
percent increase in automobile
and 91 percent increase in
subindustry exports were also
effective in this significant increase
in the Netherlands, while the 294
percent increase in automobile
and 56 percent increase in subindustry
exports were reflected on
the exports to Russia.
With regards to the decrease in
exports to the U.S., on the other
hand, a 100 percent drop in
automobile exports was the main
factor. Exports to the European
Union, the largest market in the
country group, increased by 10
percent to $2.2 billion. The share
of EU countries in total exports
was 80 percent in this period.
Among the alternative markets,
African and CIS (Commonwealth
of Independent States) countries
recorded an increase of 33
percent each, while exports to the
Middle Eastern countries dropped
by 17 percent in May.
84 JULY 2018