The export of $11.8 billion in the sub-industry exports of Turkiye’s locomotive sector, the automotive industry, in the January-November period left behind 2021, where the best performance was displayed on an annual basis. Germany, the main market of the automotive industry, ranked first among the countries with the highest exports in the sub-industry.
According to the compilation made from the data of Uludag Automotive Industry Exporters’ Association, exports were made to more than 200 countries, free zones and autonomous regions in the automotive supplier industry in 11 months of the year.
The sub-industry exports, which were $10 billion 747 million 340 thousand in the January-November period of last year, increased by 10.39% in the same months of this year and rose to $11 billion 864 million 491 thousand.
This year’s supplier industry exports exceeded $11 billion 802 million 646 thousand in 2021, reaching the highest figure of the last 10 years.
Sub-industry products accounted for 42.6% of the total export sales of the automotive industry, which was $27 billion 841 million 620 thousand in January-November 2022.
Most exports to Germany, USA and Italy
Germany, the main market of the automotive industry, ranked first among the countries with the highest exports in the sub-industry.
11-month foreign sales to Germany increased by 8.92% compared to the same period of the previous year. The sub-industry exports, which were $2 billion 515 million 163 thousand for this market in January-November of 2021, increased to $2 billion 739 million 625 thousand in the same period this year. With this figure, approximately one fourth of the 11-month supplier industry exports were made to this country.
The second largest export country, the USA, recorded an increase of 25%. In the 11 months of 2021, $646 million 688 thousand of sub-industry products were sold to the USA, and $807 million 816 thousand were exported in the same period this year.
Sub-industry exports to Italy, which ranks third, increased by approximately 1% from $722 million 268 thousand to $728 million 501 thousand.
In this period, exports to France amounted to $669 million 878 thousand with an increase of 15.5%, and to Russia $585 million 94 thousand with an increase of 3%.
836% increase to Saudi Arabia
When we look at the countries to which we export $10 million and more, there were more than 100% increases to Kazakhstan, Saudi Arabia, Vietnam and Indonesia in the January-November period.
Sub-industry exports to Kazakhstan increased by 177% from $14 million 50 thousand to $38 million 956 thousand, Saudi Arabia with an increase of 836% from $2 million 274 thousand to $21 million 308 thousand. Vietnam with an increase of 123% from $6 million 544 thousand to $14 million 640 thousand and Indonesia with an increase of 111% from $4 million 993 thousand to $10 million 574 thousand.
Source: Trthaber / Translated by Irem Yildiz