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Russia's 2M2021 import of Turkish cars grows in value

Türkiye Materials 5 April 2021 13:10 (UTC +04:00)
Russia's 2M2021 import of Turkish cars grows in value

BAKU, Azerbaijan, Apr.5

Trend:

The value of export of cars from Turkey to Russia grew by 2.7 percent in the first 2 months of 2021 compared to the same period of 2020, amounting to over $98.6 million, the Turkish Ministry of Trade told Trend on Apr.5.

In February 2021, the export of Turkish-made cars to Russia was by 11.6 percent more than in February of last year, reaching $57.3 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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