Türkiye exported $7.2 billion value of automotive subindustry merchandise within the first half of the yr, up 1.1% in comparison with the identical interval final yr, in response to the info compiled lately by Anadolu Agency (AA).
Subsidiary trade merchandise accounted for 40.9% of whole automotive exports, which stood at $17.7 billion within the first six months of this yr.
In addition, Türkiye exported $5.5 billion value of passenger automobiles to 80 international locations within the first half of 2024, in response to the info from Uludağ Automotive Industry Exporters’ Association (OIB).
When wanting on the international locations particularly, Germany had the biggest share in subindustry exports.
The outbound shipments to the nation stood at practically $1.6 billion within the first six months of the yr, down 6% in comparison with the identical interval of the earlier yr.
Exports to the United States, the second nation within the rating, elevated by 18.4% to $491 million.
France listed third, with a rise of 8% year-over-year and $441 million value of subindustry merchandise from Türkiye within the first six months.
Regarding the international locations the place subsidiary trade producers export, Italy ranked fourth with $435 million and Russia ranked fifth with practically $420 million respectively.
The information additionally revealed that from January by June, the sector noticed the biggest improve within the quantity of exports to Romania, with a 71.2% surge on an annual foundation, from $221 million to $379 million.
In the identical interval, shipments to the U.Okay. dropped barely by 0.2% to $362 million, putting it at seventh spot on the listing. Meanwhile, exports to Spain had been down by 7.3% in comparison with a yr earlier, at $332 million.
Poland ranked ninth with a rise of 5.8% and $313 million in January-June 2024, whereas Belgium ranked tenth with a lower of three.5% and $169 million in comparison with the identical interval final yr.
Source: www.dailysabah.com