Carrying out $ 15.3 billion in the first six months of 2019, the automotive industry continued to maintain its leading position with a 17.4 percent share of total exports.
CAR EXPORTS 12 COUNTRIES LOSED
According to the report, car imports declined 49 percent during this period, while foreign trade surplus rose 60 percent to 8.7 billion. The ratio of exports to imports is 3.1. According to the OSD report, car exports declined 12 percent in the first half of 2019. The surplus of automotive foreign trade increased 60 percent compared to the first half of 2018, reaching $ 4.6 billion. Another noteworthy issue in the report was foreign trade data for the last 10 years. According to the automotive sector in Turkey, data for 2011 over the past 10 years has given a continuous trade surplus, except for 2015. The foreign trade surplus of the sector over the past 10 years is an average of $ 2.6 billion.
THE BIGGEST EXPORT TO FRANCE
According to OSD, the most exported country in the first six months of 2019 is France with $ 1.6 billion, followed by Germany with $ 1.5 billion and Italy with $ 1.3 billion. The sector exported $ 1.2 billion to the United Kingdom, $ 804 million to Spain and $ 536 million to Slovenia in the first six months of the year.
According to the OSD External Trade Report prepared by OSD, the top 10 exporters in the first six months of 2019 are as follows:
1. France $ 1.6 billion
2. Germany $ 1.5 billion
3. Italy $ 1.3 billion
4. The United Kingdom has $ 1.2 billion
5. Spain $ 804 million
6. Slovenia $ 536 million
7. Belgium $ 514 million
8. Poland $ 493 million
9. The Netherlands $ 462 million
10. $ 442 million