Automotive Exports March 2021
Automotive Exports March 2021
Automotive Exports March 2021
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Turkey sold<br />
buses to 99<br />
countries in<br />
2020<br />
Buses, minibuses and midibuses produced<br />
in Turkey were sold to 99 different<br />
countries across the world in 2020. The<br />
exports of the vehicles have generated<br />
over $1.5 billion (TL 11.12 billion).<br />
In 2020, the highest amount of exports<br />
was made to European countries in the<br />
bus, minibus and midibus group. France<br />
was the biggest market for Turkish-made<br />
buses with a nearly 18% share, worth over<br />
$286.7 million.<br />
Germany, which ranked second, imported<br />
over $264.7 million worth of vehicles,<br />
while Italy ranked third with $131.9<br />
million. The shares of the two countries<br />
were over 17% and 8%, respectively.<br />
<strong>Exports</strong> of $683.4 million to these three<br />
countries accounted for almost 44.91% of<br />
Turkey’s total bus, minibus and midibus<br />
sales last year. Morocco, meanwhile, was<br />
also among the countries that increased<br />
its imports of such vehicles from Turkey<br />
in 2020. <strong>Exports</strong> to the country, which<br />
ranked fourth, jumped by 66% year-onyear,<br />
from $45.3 million in 2019 to $75.2<br />
million. Georgia ranked fifth with an<br />
increase of 96%, hitting $51.9 million.<br />
Sweden, Saudi Arabia and Egypt also saw<br />
a noteworthy increase in bus, minibus and<br />
midibus imports from Turkey.<br />
<strong>Exports</strong> to Sweden also increased by<br />
292% compared to 2019, from $13 million<br />
to $37.9 million, while exports to Saudi<br />
Arabia also increased by 348% from $6.4<br />
million to $22.3 million.<br />
Sales to Egypt, in the meantime, hit $13.6<br />
million in 2020, a significant jump from<br />
2019’s $164,000.<br />
The Turkish automotive sector also sold<br />
such vehicles to Libya, Rwanda, Uruguay,<br />
Madagascar, Congo, Malaysia and Guinea<br />
for the first time in 2020.<br />
<strong>March</strong> <strong>2021</strong> 40