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1Q2021 value of Turkish export of cars to Iran rises

Türkiye Materials 6 May 2021 13:22 (UTC +04:00)

BAKU, Azerbaijan, May 6

Trend:

Turkey’s export of cars to Iran has grown by 18.2 percent from January through March 2021, making up over $22.5 million, the Turkish Ministry of Trade told Trend on May 6.

In March 2021, the export of cars from Turkey to Iran surged by 8.4 times compared to March 2020, exceeding $6.3 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.

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