BAKU, Azerbaijan, Jan. 15
By Rufiz Hafizoglu – Trend:
Turkey’s export of cars to Kazakhstan increased by 29.5 percent from January through December 2019 compared to the same period of 2018, amounting to $49.6 million, Turkey’s Ministry of Trade told Trend .
In December 2019, export of cars from Turkey to Kazakhstan increased by 65 percent compared to December 2018, amounting to $3.4 million, the ministry said.
Turkey’s export of cars dropped by 3.1 percent in 2019 compared to the same period of 2018, amounting to $30.5 billion or 17 percent of Turkey’s total export.
Export of cars from Turkey increased by 2.9 percent in December 2019 compared to the same month of 2018, amounting to $2.5 billion or 16.5 percent of Turkey’s total export.
Turkey’s foreign trade amounted to $33.2 billion in November 2019. In November 2019, Turkey’s export increased by 0.1 percent compared to November 2018, amounting to $15.5 billion.
Turkey’s foreign trade amounted to $340.5 billion from January through November 2019.
Turkey ranks sixth in Europe on 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.
Follow the author on Twitter: @rhafizoglu