Automotive sector achieved $3.94 billion in exports in September

Serdar HocamAuthor & Editor

The automotive industry signed off on $3.94 billion in exports in September, maintaining its leadership in Turkey's total exports.

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Otomotiv ihracatı eylülde 3,94 milyar dolara ulaştı - Ekonomi Haberleri

Turkey's automotive industry exports in September were recorded at $3.94 billion. While the sector maintained its leadership in total exports with this figure, its total exports for the January-September period reached $31.145 billion.

General export figures for September

Turkey's automotive industry exports in September stood at $3.94 billion. The sector's share of total exports was recorded at 15.2%.

January-September period total

The automotive industry's total exports in the January-September period reached $31.145 billion, following a strong course throughout the year.

Distribution by product groups

Supply industry exports in September amounted to $1.46 billion. Passenger car exports stood at $1.098 billion, motor vehicles for the transport of goods at $800 million, buses-minibuses-midibuses at $251 million, and tow truck exports at $292 million.

Largest export markets

In September, Turkey's largest automotive industry market was Germany with $629 million. Germany was followed by France with $506 million and the United Kingdom with $453 million.

European Union market and targets

Automotive exports to European Union countries were $2.89 billion in September and $22.948 billion in the January-September period. OİB Chairperson of the Board Kemal Yazıcı stated that they aim to move exports further by maintaining their strength in existing markets.