BAKU, Azerbaijan, May 4
Trend:
Turkey’s export of cars to Russia rose by 13.8 percent from January through March 2021, totaling over $156.5 million, the Turkish Ministry of Trade told Trend.
In March 2021, the value of car exports from Turkey to Russia increased by 39.3 percent compared to March 2020, surpassing $57.8 million, said the ministry.
In the first 3 months of 2021, the export of cars from Turkey to global markets increased by 10.2 percent over the year, reaching $7.69 billion.
In March of this year, Turkey exported cars to the foreign markets in the amount of over $2.8 billion, which is 40.4 percent more than in the same month of 2020.
Over the past 12 months (from March 2020 through March 2021), Turkey’s car exports abroad exceeded $26.2 billion.