June data announced: $3.4 billion worth of exports from the automotive industry

According to the statement made by Uludağ Automotive Industry Exporters' Association (OİB), the June exports of the automotive industry, the leading sector of Turkey's exports, increased by 30 percent compared to the same month last year, reaching 3 billion 408 million dollars. The automotive industry's exports in the January-June period increased by 13 percent compared to the same period last year, reaching 19 billion 987 million dollars. This figure was the highest exports the automotive industry has ever reached in June, while the sector's share in total exports in June was 16.6 percent. TRACTOR EXPORTS INCREASED BY 504 PERCENT The largest product group in the sector's exports, the "supply industry", increased by 13 percent in June to 1 billion 180 million dollars. "Passenger car" exports increased by 16 percent in June to 1 billion 96 million dollars, "motor vehicles for the transport of goods" exports increased by 59 percent to 626 million dollars, "bus-minibus-midibus" exports increased by 66 percent to 293 million dollars and "tractors" exports increased by a triple digit 504 percent compared to the same month last year to 180 million dollars. EXPORTS TO GERMANY INCREASED BY 74 PERCENT In June, exports to Germany, the sector’s largest market, increased by 74 percent to $556 million. France became the second largest market with an export figure of $429 million, while automotive exports to this country also increased by 36 percent compared to the previous year. Exports to the United Kingdom, the third largest market, increased by 2 percent to $330 million. Exports to important markets such as Belgium increased by 92 percent, Romania by 55 percent, and Slovenia by 57 percent. Exports to European Union countries, which are the largest markets by country group and have a share of 74.2 percent in automotive exports, increased by 42 percent to $2 billion 527 million in June. Exports to other European countries increased by 11 percent, to the North American Free Trade Area by 42 percent, and to other American countries by 94 percent were recorded. The Chairman of the Board of Directors of OIB, whose views were included in the statement, Baran Çelik said, "The 3.4 billion dollars of exports we reached in June as the automotive industry is a historical June record for our sector. In the first half of the year, we demonstrated the global power of Turkish automotive once again with our export volume approaching 20 billion dollars. In June, we saw a triple-digit increase in tractor truck exports in particular, while we achieved double-digit growth in all main product groups. The 74 percent increase in exports to Germany, 92 percent to Belgium, 55 percent to Romania and 57 percent to Slovenia also shows that we have increased our power in the European market."