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Value of Turkish-made car industry products export to Azerbaijan up for 10M2022

Economy Materials 23 November 2022 14:30 (UTC +04:00)
Value of Turkish-made car industry products export to Azerbaijan up for 10M2022

BAKU, Azerbaijan, November 23. The value of exports of car industry products from Türkiye to Azerbaijan increased from January through October 2022, the Turkish Trade Ministry told TurkicWorld, Trend reports on November 23.

According to the ministry, this figure amounted to $129.7 million, up by 30.1 percent on annual basis.

In October this year, the value of the mentioned products’ export to Azerbaijan decreased by 13.1 percent compared to the same month in 2021, amounting to $12.1 million.

The total value of exports of car industry products from Türkiye abroad increased by 4.7 percent from January through October 2022, equaling $24.96 billion.

Türkiye exported car industry products in the amount of $2.7 billion to international markets in October 2022, which is 1.8 percent more than in the same month of 2021, the ministry said.

The country in total exported car industry products worth $30.5 billion in the last 12 months (from October 2021 through October 2022), added the ministry.

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