ISTANBUL
Turkey’s automotive industry exports totaled $28.05 billion in the first 11 months of this year, an exporters association announced on Wednesday.
The country’s automotive exports dropped 3.6% year-on-year in the first 11-month period, said the Uludag Automotive Industry Exporters’ Association (OIB).
Despite the decline in exports, the auto sector ranked first in the country’s overall exports, which reached $165 billion in the same period.
Car exports, which constituted 38% of automotive exports, fell 6% to $10.75 billion, while supply industry exports dropped 3% to $9.8 billion.
Exports of motor vehicles for goods transport also saw a decline of 9%
Read more: Turkey's automotive exports in first 11 months top $28B