Automotive Industry Was $2,2 Billion In January

Automotive Industry Was $2,2 Billion In January
Automotive Industry Was $2,2 Billion In January

According to the data of Uludag Automotive Industry Exporters' Association (OIB), the exports of the automotive industry, which has been the export champion of the Turkish economy for 16 consecutive years, decreased by 1,6 percent to 2,2 billion dollars in January. Despite the decline experienced, the share of the sector, which still ranks first in Turkey's exports, in total exports was 12,7 percent.

OIB Chairman of the Board Baran Çelik: “In the first month of 2022, when we entered in the shadow of problems such as the semiconductor chip crisis, raw material supply problems and increasing costs, the largest product group was again the supply industry. There was a 21 percent decrease in passenger cars and a 39 percent increase in bus-minibus-midibus exports. We recorded high increases of up to 40 percent in countries such as the United Kingdom, the United States and Egypt.”

OIB Chairman of the Board Baran Çelik said, “In the first month of 2022, when we entered in the shadow of problems such as the semiconductor chip crisis, raw material supply problems and increasing costs, the largest product group was again the supply industry. We recorded a 21 percent decrease in passenger cars and a 39 percent increase in bus-minibus-midibus exports. On a country basis, there were high increases of up to 40 percent in countries such as the United Kingdom, the United States and Egypt. We had a double-digit decline in France and Italy," he said.

Supply industry exports increased by 7 percent in January

On the basis of product group, the exports of the Supply industry increased by 7 percent in January to reach 951 million USD, while the exports of Passenger Cars decreased by 21 percent to 654 million USD, the exports of Motor Vehicles for Carriage of Goods increased by 3 percent to 440 million USD, and the exports of Bus-Minibus-Midibuses increased by 39 percent to 65 million. It was realized in USD.

While exports to Germany, the country to which the most exports are made in the supply industry, increased by 3 percent in January, 12 percent to the USA, 32 percent to Russia, 21 percent to Poland, 26 percent to Slovenia, and the Netherlands, which are also important markets. 29, 30 percent increase in exports to Egypt was seen. On the other hand, exports decreased by 12 percent to Morocco and 13 percent to Hungary.

In passenger cars, exports decreased by 66 percent to France, 53 percent to Italy, 55 percent to Sweden, 41 percent to Belgium, which is one of the important markets, and 53 percent to the United Kingdom, 30 percent to Egypt, and the USA, which are among the important markets. There was a 259 percent increase in exports to Turkey.

While exports of motor vehicles for the transportation of goods increased by 30 percent to the United Kingdom, which is the country to which the most exports are made, 45 percent to Slovenia, one of the important markets, 16 percent to Belgium, 19 percent to the USA, 28 percent to France and 25 percent to Italy. 22 percent, XNUMX percent decrease in exports to Spain was seen.

In the Bus-Minibus-Midibus product group, there was a 9 percent increase in exports to France, which is the country with the highest export, 48 to Italy and a very high rate of increase to the United Kingdom.

1 percent increase to Germany, 34 percent increase to the United Kingdom

Exports of 1 million USD were recorded with an increase of 325 percent in January, to Germany, which is the country to which the most exports are made on a country basis. While 34 million USD was exported to the UK, the second largest market, with an increase of 268 percent, exports to France decreased by 40 percent to 182 million USD. Last month, exports increased by 25 percent to Slovenia, 41 percent to the USA, 40 percent to Egypt, 37 percent to Russia, 26,5 percent to Romania, 23 percent to Italy and 41 percent to Sweden, which are also important markets. 12, there was a XNUMX percent decrease to Hungary.

Exports to the EU decreased by 11 percent

Exports to the European Union Countries, which are the largest market on the basis of country group, decreased by 11 percent in January and became 1 billion 388 million USD. EU countries received a 62 percent share of exports. In the first month of this year, exports increased by 24 percent to Other European Countries, 37 percent to the North American Free Trade Area, and 26 percent to the Commonwealth of Independent States.

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