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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

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