Automotive Exports reached 2,5 Billion Dollars in February

automotive exports were billion dollars in February
automotive exports were billion dollars in February

the automotive industry sector on top of the leader of Turkey's exports for 15 years, was able to capture the average monthly exports in February before the outbreak of Covidien-19.

Uludag Automotive Industry Exporters' Association (PA), according to the automotive industry of Turkey's exports in February rose 0,7 percent compared to the same period last year was 2,5 billion dollars. Exports of the supply industry and motor vehicles for transporting goods increased by double digits, with an increase of 37 percent to the UK and 65 percent to Morocco.

OİB Chairman Baran Çelik said, “We aim to export 300 billion dollars this year with our industry, which directly employs 15 thousand people and has been the export champion for the last 30 years in a row. "The fact that we reached the monthly export average before the pandemic with the 2,5 billion dollars export we realized last month has given us a morale on the way to reach our target."

The automotive industry, which reached the 15th export championship on a sectoral basis in a row despite the pandemic last year, caught the monthly export average before the Covid-19 outbreak in February. Uludag Automotive Industry Exporters' Association (PA), according to the automotive industry of Turkey's exports in February rose 0,7 percent compared to the same period last year was 2,5 billion dollars. The share of first place in the sector in Turkey's total exports was 17,4 percent. The exports of the industry in the first two months of 2021 decreased by 2 percent compared to the previous year and reached 4 billion 802 million dollars.

OİB Chairman Baran Çelik said, “We aim to export 300 billion dollars this year with our industry, which directly employs 15 thousand people and has been the export champion for the last 30 years in a row. The fact that we reached the monthly export average before the pandemic with the export of 2,5 billion dollars last month has given us a morale on the way to reach our target. In February, while our exports of the supply industry and motor vehicles for the transportation of goods increased by double digits, we recorded an increase of 37 percent to the UK, 20 percent to Slovenia, and 65 percent to Morocco, ”he said.

Supply industry exports increased by 13 percent

The supply industry, which exported $ 13 million with an increase of 957 percent in February, constituted the largest product group. Passenger car exports decreased by 19 percent in February to $ 876 million, the export of Motor Vehicles for the Transport of Goods increased by 45,5 percent to $ 527 million, and the exports of Bus-Minibus-Midibus decreased by 53 percent to $ 68 million.

Germany, which is the country with the most exports in the supply industry, increased 24 percent, while it was 28 percent to Italy, 14 percent to France, 18 percent to the United States, 52 percent to Russia, 37 percent to Spain, and Poland. There was a 22 percent increase in exports to Romania, a 47 percent decrease in exports to Romania and a 46 percent decrease in Slovenia.

In passenger cars, exports to France, Italy 6 percent, the United Kingdom 20 percent, Germany 22 percent, Belgium 34 percent, while falling 39 percent to Slovenia and 55 percent to Morocco. there was an increase in exports.

Exports of Motor Vehicles for Carriage increased by 253 percent to the UK, 65 percent to France, 75 percent to Belgium, 69 percent to Slovenia, 36 percent to the USA and 79 percent to the Netherlands.

In the Bus Minibus Midibus product group, Germany, which is the most exported country, decreased 32 percent, France 63 percent and Italy 33 percent.

Çekici's exports, which are among the other product groups, increased by 80 percent in February and reached 80 million dollars.

Exports to France increased by 7 percent

In February, 348 million dollars of exports were made to Germany, the largest market of the industry, while France, with an increase of 7 percent, became the second largest market with 302 million dollars of exports. Exports to the UK, the third largest market, increased by 37 percent to $ 277 million, while the 253 percent increase in motor vehicles for transporting goods was effective in the increase to this country. Again in February, exports to Slovenia increased by 20 percent, to Morocco 65 percent, to Russia 12 percent, while to the United States 14 percent, Romania 37 percent, the Netherlands 32 percent and Israel 32 percent. While the 125 percent increase in passenger car exports was effective in the increase in Morocco, the decrease in the exports of passenger cars and motor vehicles for transporting goods had an effect on the decrease in the USA.

Exports to the EU fell 2 percent

On the basis of country group, exports to European Union countries decreased by 2 percent in February to 1 billion 670 million dollars, while EU countries received a 66 percent share from exports. With the UK being among the Other European Countries, the share of this group of countries increased to 12 percent. Exports to other European countries increased by 23 percent and to African countries by 13 percent.

Armin

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