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Turkey's car exports to Israel rise in value for 7M2021

Türkiye Materials 27 August 2021 18:04 (UTC +04:00)
Turkey's car exports to Israel rise in value for 7M2021

BAKU, Azerbaijan, Aug. 27

Trend:

The value of Turkey’s export of cars to Israel has increased from January through July 2021, the Turkish Ministry of Trade told Trend.

According to the ministry, the figure amounted to over $296.8 million, up by 10.6 percent on annual basis.

In July 2021, Turkey exported cars worth nearly $39.3 million to Israel, which is a decline of 23.5 percent compared to the same month of 2020, the ministry said.

In the first seven months of 2021, value of Turkey's export of cars to the international markets increased 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.

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