Turkey’s automotive industry exports in March amounted to 2.7 billion dollars. Exports of the “supply industry”, which is the largest product group in March, increased by 11 percent to 1 billion 162 million dollars, while exports of passenger cars decreased by 34 percent to 685 million dollars, exports of motor vehicles for the transportation of goods decreased by 3 percent to 534 million dollars, buses-minibuses-midibuses. exports increased by 27 percent to 124 million dollars.
While there was a 9 percent increase in exports to Germany, which is the country with the highest export in the supply industry, 16 percent to France, 25 percent to the United States, 17 percent to the United Kingdom, 51 percent to Spain, and Poland, which is one of the important markets. Exports increased by 21 percent, to Romania by 22 percent, to Russia by 65 percent, to Slovenia by 28 percent, and to Egypt by 40 percent.
In passenger cars, exports decreased by 70 percent to France, 24 percent to Italy, 22 percent to Spain, 44 percent to Germany, 33 percent to the United Kingdom, 20 percent to Poland and 38 percent to Belgium. There was a 10 percent increase in exports to Israel and 84 percent to Bulgaria.
In motor vehicles for transporting goods, exports increased by 18 percent to Italy, 24 percent to the United States, 15 percent to Spain, 17 percent to France, 40 percent to Romania, and 37 percent to Sweden.
In the bus-minibus-midibus product group, there was a 168 percent increase in exports to France, the country to which the most exports were made, 30 percent to Italy, another important market, a very high rate of export increase to Azerbaijan and Czechia, and a 39 percent decrease in exports to Germany. Exports of tow trucks, which are among other product groups, increased by 16 percent in March and amounted to 142 million dollars.
Exports to Germany decreased by 5%
With a 5 percent decrease, 411 million dollars were exported to Germany, which is the largest market on a country basis. Last month, 269 million dollars were exported to the United Kingdom, with a decrease of 4 percent. In March, exports to Italy decreased by 2 percent and became 241 million dollars, while exports to France 30 percent, Belgium 14 percent, Poland 67 percent, Egypt 31 percent, Morocco 21 percent, Russia 68 percent. Exports increased by 13 percent to Israel, 133 percent to Czechia, and 27 percent to Denmark.
Exports to the European Union countries, which are the largest market on the basis of country group, decreased by 6 percent and became 1 billion 807 million dollars in March. European Union countries received a 67 percent share of exports in March. There was also a 16 percent decrease in exports to African countries, a 50 percent decrease in exports to Commonwealth of Independent States countries, and a 16 percent increase in exports to Middle Eastern countries.
“The effect of the chip crisis still continues”
Baran Çelik, Chairman of the Board of Directors of OİB, stated that there was a loss in exports in the sector in his assessment of the first quarter figures.
Noting that there was an average export figure of 2.5 billion dollars in the first three months, Çelik said, “We have just left behind, in the first quarter of this year, there is a loss of 500 million dollars in exports originating from the euro-dollar parity in the automotive industry. The effect of the chip crisis is still continuing. In parallel with this, the first three quarters of the year. “Our automotive industry exports decreased by approximately 3 percent to 7.5 billion dollars in the same month. Our average monthly automotive exports in the first three months is 2.5 billion dollars.” used the phrase.
Source: AA
