Turkey has set a new record in automotive exports.

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The leader of Turkey's exports, the automotive industry, achieved an export of 37 billion dollars in 2024, marking a 6% increase compared to the previous year. Thus, the sector, which maintains its first place in Turkey's exports, has succeeded in becoming the export champion for the 18th time in the last 19 years.

HISTORICAL MONTHLY EXPORT RECORD

In December 2024, the automotive sector reached an export of 3.5 billion dollars with a 10% increase, achieving the highest second monthly export figure to date.

SUPPLY INDUSTRY ACHIEVES 5% INCREASE IN EXPORTS

The supply industry, which has the largest product group with a 40% share in the sector, exported 14 billion 879 million dollars in 2024, marking a 5% increase compared to the previous year. In December, an export of 1 billion 133 million dollars was realized with a 2% increase.

EXPORT PERFORMANCE IN IMPORTANT MARKETS

Last month, exports to Germany in the supply industry decreased by 1%, while exports to France increased by 8%, to Romania by 26%, to the USA by 37%, and to Morocco by 29%. However, there was a decrease in exports to the United Kingdom by 10%, to Italy by 14%, and to Russia by 52%.

19% INCREASE IN PASSENGER CARS

The passenger cars product group exported 1 billion 307 million dollars in December 2024, marking a 19% increase and becoming the largest product group in automotive exports. During this period, exports to France increased by 25%, to Italy by 26%, to Germany by 27%, to Slovenia by 412%, and to Belgium by 232%.

GERMANY REMAINS THE LARGEST MARKET

Last year, a total of 4 billion 856 million dollars was exported to Germany, the largest market for the automotive sector. While there was an export increase of 25% to the second largest market, the United Kingdom, 9.5% to Italy, 33% to Slovenia, 19% to the USA, and 33.5% to Romania, there was a decrease of 16% to Russia and 21% to Sweden.