While exports increased by 23% compared to the same month of last year, the automotive sector once again ranked first in Türkiye's exports with this performance and received a share of 18.3% from total exports.
As of the first five months of the year, the total exports of the automotive sector increased by 10% and reached USD 16 billion 581 million. Baran Çelik, Chairman of the Board of OIB, stated that the amount of exports achieved in May was the highest level ever reached. Çelik stated that the new models launched especially in the commercial vehicle group played an important role in this increase.
May exports of the supply industry, the largest product group of the sector, increased by 3% compared to the same period of the previous year and amounted to USD 1 billion 418 million. A remarkable increase was also recorded in passenger car exports, with a 12% increase, totaling USD 1 billion 323 million in foreign sales. Much stronger increases were observed in the commercial vehicle segment. Exports of motor vehicles for the transportation of goods increased by 119% to USD 746 million, while exports of buses, minibuses and midibuses increased by 15% to USD 277 million. Exports of tow trucks increased by a striking 309%, reaching USD 148 million.
While Germany was the country with the highest exports in the supply industry, shipments to this country decreased by 1%. On the other hand, exports to France increased by 10%, Romania by 35%, Spain by 26%, Poland by 21%, Belgium by 27%, Morocco by 13% and Czechia by 15%. On the other hand, supply exports to Russia and the Netherlands decreased by 59% and 10%, respectively.
In light of these data, the Turkish automotive sector continues to strengthen its exports and consolidate its position in global competition with new model investments, market diversity and increasing production capacity.
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