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Turkey's car exports to China down in 2019

Türkiye Materials 11 January 2020 14:08 (UTC +04:00)
Turkey's car exports to China down in 2019

BAKU, Azerbaijan, Jan. 11

By Rufiz Hafizoglu - Trend:

Turkey's car exports to China decreased by 12.73 percent in 2019, compared to 2018, having amounted to over $46.5 million, Trend reports referring to the Turkish Trade Ministry.

According to the ministry, Turkey's car exports to China increased by 71.46 percent in December 2019, compared to December 2018, and slightly exceeded $5.4 million.

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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