Automotiv_September
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Monthly automotive aftermarket magazine<br />
Turkey’s automotive exports<br />
record 13.8 pct increase<br />
Turkey's automotive exports in<br />
July stood at $2.7 billion, with<br />
an increase of 13.8 percent<br />
compared to the same month last<br />
year. According to the June data<br />
of Uludağ <strong>Automotiv</strong>e Industry<br />
Exporters' Association (OİB), the<br />
sector's exports increased by<br />
14.4 percent in the January-July<br />
period, reaching $19.2 billion.<br />
Exports of passenger cars<br />
increased by 7 percent to $7.7<br />
billion in the January-July period,<br />
compared to the same period of<br />
the previous year.<br />
The automotive subindustry<br />
exports rose by 22 percent,<br />
exports of motor vehicles for<br />
goods transport by 15 percent,<br />
while bus-minibus-midibus<br />
exports rose by 6 percent.<br />
In terms of products group, the<br />
automotive sub-industry exports<br />
increased by 22 percent to<br />
$913 million, while passenger<br />
car exports surged by 5 percent<br />
to $1.1 billion, motor vehicle<br />
exports for goods transport by<br />
11.5 percent to $487 million, and<br />
midibus exports went up by 17<br />
percent to $157 million.<br />
In July, exports to the U.K.<br />
increased by 30 percent,<br />
followed by France with 36<br />
percent. Exports to the U.S., on<br />
the other hand, declined by 31<br />
percent. Exports to Germany, the<br />
leading market for the automotive<br />
subindustry, increased by 9<br />
percent, while exports to Italy<br />
rose by 18 percent, followed<br />
by France with an increase of<br />
48 percent, Romania with 20<br />
percent, the U.S. with 45 percent<br />
and Russia with 42 percent.<br />
Meanwhile, in bus-minibusmidibus<br />
exports, there was an<br />
increase of 42 percent in exports<br />
to France. But Germany, another<br />
important market in this respect,<br />
experienced a decrease of 6<br />
percent, while other leading<br />
markets in this product group,<br />
Italy, the U.K. and Spain showed<br />
an increase of 75 percent,<br />
102 percent and 77 percent,<br />
respectively. On a country-bycountry<br />
basis, the largest market<br />
in July was Germany with $394<br />
million in exports, with an<br />
increase of 12 percent. It was<br />
followed by the U.K. with $352<br />
million. Exports to France, the<br />
third-largest market for Turkey,<br />
increased by 36 percent to<br />
reach $322 million. Exports of<br />
passenger cars to the U.K. rose by<br />
39 percent while export of motor<br />
vehicles for goods transport to the<br />
country increased by 16 percent.<br />
Passenger car exports to France,<br />
on the other hand, increased by<br />
39 percent and exports in the<br />
automotive sub-industry rose<br />
by 48 percent. In July, while<br />
there was an increase in exports<br />
to key markets - Slovenia by 42<br />
percent, Poland by 23 percent,<br />
Romania by 24 percent, Hungary<br />
by 74 percent, and Russia by 29<br />
percent, exports to Spain dropped<br />
by 11.5 percent, to the U.S. by 31<br />
percent, to Israel by 14.5 percent<br />
and to Iran by 45 percent.<br />
The increase in exports to<br />
Slovenia was affected by the 58<br />
percent increase in motor vehicle<br />
exports along with the increase<br />
of 26 percent in passenger cars.<br />
In Spain, a 61 percent drop in<br />
exports of motor vehicles for<br />
goods also affected the overall<br />
decline. Exports to the European<br />
Union countries, the largest<br />
market in country groups, rose by<br />
15 percent to $2.2 million with<br />
a share of 79 percent in exports.<br />
With regards to the alternative<br />
markets, African countries showed<br />
an increase of 50 percent, while<br />
exports to North American Free<br />
Trade Zone fell by 20 percent.<br />
48 SEPTEMBER 2018