Turkey’s EU Exports Rise 3.9% to $81 Billion 486.8 Million
Germany remained Turkey’s largest EU export market, while automotive shipments led sector totals and posted the biggest value increase.
Key takeaways
- Turkey’s EU exports reached $81 billion 486.8 million in January-September, up 3.9% year over year.
- Germany was Turkey’s largest EU export market, with $15 billion 438.5 million in purchases.
- Automotive exports to the EU rose 4.8% to $22 billion 948.2 million.
Turkey’s exports to European Union countries rose 3.9% in the first nine months of the year to $81 billion 486.8 million, according to data compiled from Turkish Exporters Assembly figures. Total Turkish exports increased 5.2% year over year to $210.9 billion.
Germany was the largest EU market, with exports reaching $15 billion 438.5 million, up 4.2%. Italy, Spain and France followed, with $9 billion 616 million 54 thousand, $8 billion 282 million 135 thousand and $7 billion 900 million 110 thousand, respectively. Together, the four countries accounted for about $41.2 billion in Turkish exports.
Automotive exports to the EU climbed 4.8% to $22 billion 948.2 million, the highest total among sectors. Automotive also recorded the largest value increase, at $1 billion 56.9 million. Exports of chemicals and related products reached $10 billion 253 million, while ready-made clothing and apparel totaled $7 billion 308.9 million.
Exports increased to 17 EU countries and declined to 10. Istanbul led among Turkish provinces, with $29.00 billion in exports to the bloc, followed by Kocaeli at $11 billion 432 million and Bursa at $9 billion 425 million.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
