The automotive industry ranks first in terms of exports in Turkey. For this reason, data on car exports is of great importance. A new statement from the Uludağ Automotive Industry Exporters Association revealed the data for March.

According to the statements, that was the car industry $3.2 billion in exports carried out. This means that there is a decrease of 1.8% compared to March last year.

There has been an increase in exports compared to the first three months of last year

Although there was a decrease in the March comparison, there was an increase on a quarterly basis. So much so that Turkish car exports will increase in the first three months of 2024. 9 million 132 million dollars an increase of 6% compared to the previous year. The share of the automotive industry in exports is 14.3% It was announced as.

Passenger car exports fell

The situation is the opposite for passenger cars. On this side there was a double-digit decline in exports. According to the March statement $881 million, down 12.5% Passenger car exports took place. A 13% decline was also reported in exports to France, the country with the most passenger car exports.

Exports of US$1 billion 297 million were in the supply industry, US$647 million in exports of motor vehicles for the transport of goods, and US$264 million in exports of buses, minibuses and midibuses, an increase of 48%. The largest export in the automotive industry in March Again to Germany with 409 million dollars is carried out. However, exports to Germany fell by 14%. Germany with $365 million Francewith $330 million Italy followed.