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Türkiye sees drop in value of car industry products export to Kyrgyzstan for 10M2022

Economy Materials 28 November 2022 16:58 (UTC +04:00)
Türkiye sees drop in value of car industry products export to Kyrgyzstan for 10M2022

BAKU, Azerbaijan, November 28. The value of exports of car industry products from Türkiye to Kyrgyzstan decreased from January through October 2022, the Turkish Trade Ministry told TurkicWorld, Trend reports on November 28.

According to the ministry, this figure amounted to $14.9 million, down by 16.6 times on an annual basis.

In October this year, the value of the mentioned products’ export to Kyrgyzstan dropped by 28.7 times compared to the same month in 2021, amounting to $22.7 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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