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Turkey records lower revenues from car export to Iran in Jan. 2021

Türkiye Materials 1 March 2021 16:47 (UTC +04:00)
Turkey records lower revenues from car export to Iran in Jan. 2021

BAKU, Azerbaijan, Mar.1

Trend:

Turkey’s revenues from exporting cars to Iran decreased by 16.1 percent in January 2021 compared to the same month of 2020, having made up slightly over $8.4 million, the Turkish Trade Ministry told Trend on Mar.1.

According to the ministry, Turkey exported cars worth over $2.2 billion to global markets, which is 5 percent less than in January last year.

Thus, Turkey’s cars exports amounted to 16.8 percent of the country's total exports for the reporting month.

Over the past 12 months (from January 2020 through January 2021), Turkey exported cars in the amount of over $25.4 billion.

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