BAKU, Azerbaijan, Aug. 28
Trend:
The value of Turkey’s export of cars to India surged by 95.9 percent, amounting to $36.3 million from January through July 2021, the Turkish Ministry of Trade told Trend.
According to the ministry, car exports from Turkey to India plummeted by 88.2 percent in July 2021 compared to the same period of 2020 - to $4.68 million.
In the first seven months of 2021, the 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.