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Türkiye reveals growth in value of auto industry products to Russia for 10M2023

Economy Materials 14 November 2023 18:20 (UTC +04:00)
Humay Aghajanova
Humay Aghajanova
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BAKU, Azerbaijan, November 14. The value of Turkish exports of auto industry products to Russia increased by 53 percent to $789.6 million from January through October 2023, year-on-year, Trend reports.

The Turkish Ministry of Trade said that in October, this figure decreased by 4.2 percent to $92.1 million compared to the same month in 2022.

The total export value of Turkish automotive products increased by 14.8 percent and amounted to $28.7 billion from January through October this year, compared to the same period last year.

Türkiye exported $3.1 million worth of auto sector products in October 2023, which is 16.6 percent more in comparison with October last year.

Moreover, the export of Turkish automotive products accounted for $34.7 billion over the past 12 months (from October 2022 through October 2023).

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