Economy

Turkish automotive industry exports total $2.6B in October

October export figures drop 10.6% year-on-year, says sector group

Gokhan Ergocun  | 03.11.2021 - Update : 03.11.2021
Turkish automotive industry exports total $2.6B in October

ISTANBUL

Turkey's automotive exports amounted to $2.6 billion in October, with a decline of 10.6% on a yearly basis, a sectoral association said on Wednesday.

The Uludag Automotive Industry Exporters' Association said the sector's share in the country's overall exports was 12.5% last month.

It added that the sector's 10-month exports were around $23.9 billion.

Baran Celik, the head of the association, said that despite the decline in October, the sector had achieved its second-highest export figures for this year last month.

Germany was the main destination for its exports, followed by France and the UK.

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