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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

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