BAKU, Azerbaijan, Jan. 15
By Rufiz Hafizoglu – Trend:
Turkey’s export of cars to Iran dropped by 36.3 percent from January through December 2019 compared to the same period of 2018, amounting to $138 million, Turkey’s Ministry of Trade told Trend.
In turn, in December 2019, export of cars from Turkey to Iran increased 2.2 times compared to December 2018, amounting to $15.2 million.
Turkey’s export of cars dropped by 3.1 percent in 2019 compared to 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.
In this month, Turkey’s import increased by 9.7 percent compared to the same month of 2018, and reached $17.7 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 buses of local brands such as BMC, Temsa and Otokar.
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