BAKU, Azerbaijan, Aug. 26
Trend:
The value of car exports from Turkey to Iraq increased by 10.6 percent in the first 7 months of 2021 compared to the same period of 2020, up to $114.6 million, the Turkish Ministry of Trade told Trend.
In July 2021, Turkey’s car exports to Iraq decreased by 28.8 percent compared to July 2020 - to $12.7 million, said the ministry.
In the first 7 months of 2021, Turkey increased the export of cars to the international markets by 26.1 percent compared to the same period of 2020, up to $16.3 billion, the ministry said.
Turkey’s car exports to the global markets in July 2021 totaled nearly $2 billion, which is 9.3 percent less compared to July 2020.
In the past 12 months (from July 2020 through July 2021), Turkey’s car exports abroad totaled over $28.9 billion.