Turkey's auto industry exports to Russia surge tenfold in Dec

The industry came first with a turnover of $11.5 billion that marks a 15 percent share in Turkey's overall volume of exports.

Turkey's auto industry exports to Russia surge tenfold in Dec

Exports from Turkey's automotive industry to Russia skyrocketed last month by 1016 percent to $73.8 million, according to figures from a regional union of automotive exporters in Turkey.

The industry came first with a turnover of $11.5 billion that marks a 15 percent share in Turkey's overall volume of exports which saw an increase of 12 percent in December 2010 to reach $1,793 million.

Exports of cars claimed the largest share in December 2010 with $560 million and the annual figure went up to as high as $6.2 billion.

Exports in the Turkish automotive by-products industry came second with a revenue of $5.4 billion that marked an annual increase of 9 percent.

The biggest buyer of Turkish automotive products in 2010 was France with $2,354 billion albeit marking a 24 percent drop on year-on-year figures.

Exports to Spain and Russia were up by 66 percent and 143 percent, respectively.

European Union member countries claimed a share of 71 percent with a five percent year-on-year increase and $11.2 billion turnover.


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Last Mod: 11 Ocak 2011, 15:05
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