Automotive Industry Becomes Export Leader in September

Automotive Industry Becomes Export Leader in September
Automotive Industry Becomes Export Leader in September

Turkey Exporters Assembly (TIM), with the participation of Minister of Trade Ruhsar Pekcan September, provisional foreign trade data, has announced that the meeting held in Istanbul. Turkey's exports increased by 4,8 percent compared to the same month of the previous year, reaching 16 billion 13 million dollars.

According to the data announced by Pekcan, the foreign trade deficit increased by 192.7 percent in September compared to the previous year and reached 4.9 billion dollars. Import, on the other hand, was 20 billion 892 million dollars. South Korea was the country with the highest increase in exports.

Ruhsar Pekcan, referring to automotive, one of the sectors most affected by the epidemic, said, “For the first time in the pandemic period, the automotive sector caught a break-even compared to the same period of the previous year and even showed a small increase. Exported 0,5 billion 2 million dollars with an increase of 200 percent. However, it corresponds to an 83 percent increase according to August. " said.

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