| Turkey’s auto exports reach $11.4 billion in first 9 months |
| Written by Peter | ||||||
| Wednesday, 06 October 2010 | ||||||
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Turkey’s auto exports rose by 12.4 percent to $11.4 billion from $10.2 billion year-on-year in the first nine months of 2010, a set of data released by the Automotive Industry Exporters’ Association (OİB) has shown.
Exports were made to 160 countries and autonomous regions and 12 free zones. Despite a retreat of 15.4 percent, France ranked first among countries to which most autos were exported, with $1.8 billion. It was followed by Italy ($1.6 billion) and Germany ($1.53 billion). Automobiles were the item that earned the highest revenue from sales abroad with $4.63 billion. The automotive supply industry came in second with $3.88 billion and was followed by transport vehicles at $2.35 billion. Export sales amounted to $1.3 billion in the ninth month, falling 7 percent over September 2009. Auto exports had increased by 44.1 percent in January, 39.6 percent in February, 38.1 percent in March, 20.6 percent in April and 4.4 percent in May. Since then, the sector has suffered a decline in sales abroad.
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