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Turkey's car exports to Georgia increase

Business Materials 15 January 2020 17:14 (UTC +04:00)
Turkey's car exports to Georgia increase

BAKU, Azerbaijan, Jan. 15

By Rufiz Hafizoglu - Trend:

Turkey's car exports to Georgia increased by 58.43 percent in 2019, compared to 2018, and exceeded $92.7 million, Trend reports with reference to the Turkish Trade Ministry.

Turkey's car exports to Georgia exceeded $11.9 million in December 2019, having increased by 145 percent compared to December 2018.

Turkey's car exports decreased by 3.1 percent in 2019, compared to 2018, having exceeded $30.5 billion.

Car exports accounted for 17 percent of Turkey's total exports in 2019.

Turkey's car exports increased by 2.9 percent in December 2019, compared to December 2018, and amounted to over $2.5 billion.

Car exports accounted for 16.5 percent of Turkey's total exports in December 2019.

Turkey's foreign trade turnover amounted to over $33.2 billion in November 2019.

Turkish exports grew by 0.1 percent in November 2019, compared to November 2018, amounting to just over $15.5 billion.

Turkey's imports increased by 9.7 percent in November 2019, compared to the same month of 2018, and exceeded $17.7 billion.

Turkey's foreign trade turnover exceeded $340.5 billion in the first 11 months of 2019.

Turkey ranks sixth in Europe in car production. Ford, Fiat, Renault, Toyota, Honda, Opel, Hyundai, Mercedes-Benz and MAN are assembled in Turkey. Turkey also manufactures local brands of buses such as BMC, Temsa and Otokar.

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Follow the author on Twitter: @rhafizoglu

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