Türkİye, Economy

Turkish auto market aims over $32B exports in 2019

Turkish automotive sector broke record in 2018 with $31.6 billion, business association head says

Meryem Göktaş  | 06.01.2019 - Update : 07.01.2019
Turkish auto market aims over $32B exports in 2019

By Cem San

BURSA, Turkey

Turkey's automotive industry exports will exceed $32 billion in 2019, head of Uludag Automotive Industry Exporters' Association (OIB) said.

"As the automotive industry, we are aiming to overcome all difficulties and to close this year with an increase in exports. In this direction, we set our export target in 2019 to be $32 billion,” Baran Celik, the chief executive officer of OIB, said in a statement.

Celik said that Turkish automotive sector's exports reached $31.6 billion in 2018 with an increase of 11 percent compared to 2017, noting that Turkey left behind another year full of records.

"Last year, we achieved an export average of $2.63 billion on a monthly basis," he added.

Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. Please contact us for subscription options.