9,276.78 TRY BIST 100 BIST 100
34.35 USD USD USD
36.70 EUR EUR EUR
4.78 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
44.00 TRY Interest Interest
71.72 USD Fossil Oil Fossil Oil
33.53 USD Silver Silver
4.20 USD Copper Copper
102.79 USD Iron Ore Iron Ore
375.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,889.57 TRY Gold (gr) Gold (gr)

Automotive sector export figures increased in March

The automotive sector recorded an increase of 3 billion 289 million 873 thousand dollars in March, with an increase of 22.8 percent, when compared to the same period of the previous year. The automotive sector took the lead among the sectors that exported the most throughout March.

Automotive sector export figures increased in March

According to the information received from the Turkish Exporters Assembly (TIM), Kocaeli became the province with the most exports in the automotive sector on behalf of Turkey.

According to the data obtained from the Turkish Exporters' Assembly, Kocaeli, by exporting 889 million 344 thousand dollars in March, became the province with the largest export figure in the automotive sector in Turkey. Kocaeli was followed by Istanbul, Bursa, Sakarya and Ankara, respectively.

Compared to March 2022, Kocaeli's automotive exports increased by 22.1 percent, Istanbul's 14.6 percent, Bursa's 40.2 percent, Sakarya's 30.1 percent and Ankara's 29.2 percent.

Germany became the most exported country

Germany, which has the largest market share in automotive sector exports, continued to maintain its top position. In March, 474 million 673 thousand dollars of automotive exports were made to Germany via Turkey.

Germany; France, the United Kingdom, Italy and Spain followed suit. The rest of the list consisted of the USA, Russia, Ukraine and Egypt.

Automotive export values increased across Europe

Automotive exports increased not only in Turkey, but also in all of the top five countries producing in the automotive sector.

Automotive exports to Germany increased by 17.5 percent, to France by 96.6 percent, to the United Kingdom by 14.6 percent, to Italy by 21.9 percent and to Spain by 45.6 percent, while only the USA increased by 30 percent. There was a decrease of 0.4%.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Blastr and Knauf Interfer partner to produce sustainable green steel

Wednesday, October 23, 2024

Sharp reduction in freight tariffs: Turkish exporters enter a challenging period

Saturday, October 19, 2024

GMH Gruppe Acquires Kind & Co.

Thursday, October 10, 2024

Mine Workers Union: "Imported coal is leaving domestic producers jobless"

Sunday, October 6, 2024

Renewable energy: Regulations key to competitiveness

Sunday, October 6, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now