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Turkey's car export to Georgia surges

Türkiye Materials 31 March 2021 10:09 (UTC +04:00)
Turkey's car export to Georgia surges

BAKU, Azerbaijan, Mar.31

Trend:

The value of export of cars from Turkey to Georgia surged by 90.5 percent in the first 2 months of 2021, compared to the same period of 2020, surpassing $21.8 million, the Turkish Ministry of Trade told Trend on Mar.29.

In February 2021, the export of Turkish-made cars to Georgia massively grew by 71.5 percent compared to February 2021, totaling over $11.6 million, said the ministry.

Turkey's car exports to the international market decreased by 2.3 percent from January through February 2021, compared to the same period of 2019, amounting to $4.8 billion.

As the ministry said, in February 2021, Turkey exported cars worth over $2.5 billion to global markets, which is 0.7 percent more compared to the same month of 2020.

Over the past 12 months (from February 2020 to February 2021), Turkey’s exports of cars amounted to more than $25.4 billion.

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