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In 2024, Türkiye’s automotive industry marked a significant milestone, contributing $37.12 billion to the country’s record-breaking $262 billion in exports, a 6.3% year-on-year increase.
Despite a global downturn in the sector, Türkiye's automotive industry emerged as the nation's top exporter for the 18th time in 19 years. In December alone, exports surged by 10% to $3.5 billion, the second-highest monthly export figure in the sector’s history.
According to data from the Uludag Automotive Industry Exporters' Association (OIB), automotive exports in December 2024 reached $3.487 billion, a 10% rise compared to the same period the previous year, marking a historic achievement on a monthly basis.
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OIB Chairman Baran Celik highlighted the resilience of Türkiye’s automotive sector in the face of a global contraction that deeply affected the industry, "Despite these challenges, we maintained our leadership in Türkiye’s exports for 2024," Celik said.
Key highlights include:
Germany remained Türkiye's largest automotive market in 2024, with $4.856 billion in exports, followed by France, the U.K., Italy, Spain, Poland, Slovenia, Belgium, the U.S., and Romania.
Other notable performances include respectively:
However, exports to some markets declined:
For December 2024:
Decreases were observed in:
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