Automotive supplier industry exports peaked in 11 months

According to the compilation made from the data of Uludağ Automotive Industry Exporters’ Association, exports were made to more than 200 countries, free zones and autonomous regions in the automotive supplier industry in 11 months of the year.

The sub-industry exports, which were 10 billion 747 million 340 thousand dollars in the January-November period of last year, increased by 10.39 percent in the same months of this year and rose to 11 billion 864 million 491 thousand dollars.

This year’s supplier industry exports exceeded 11 billion 802 million 646 thousand dollars in 2021, reaching the highest figure of the last 10 years.

Sub-industry products accounted for 42.6% of the total export sales of the automotive industry, which was 27 billion 841 million 620 thousand dollars in January-November 2022.

Most exports to Germany, USA and Italy

Germany, the main market of the automotive industry, ranked first among the countries with the highest exports in the sub-industry.

11-month foreign sales to Germany increased by 8.92 percent compared to the same period of the previous year. The sub-industry exports, which were 2 billion 515 million 163 thousand dollars for this market in January-November of 2021, increased to 2 billion 739 million 625 thousand dollars in the same period this year. With this figure, approximately one fourth of the 11-month supplier industry exports were made to this country.

The second largest export country, the USA, recorded an increase of 25 percent. In the 11 months of 2021, 646 million 688 thousand dollars of sub-industry products were sold to the USA, and 807 million 816 thousand dollars were exported in the same period this year.

Sub-industry exports to Italy, which ranks third, increased by approximately 1 percent from 722 million 268 thousand dollars to 728 million 501 thousand dollars.

In this period, exports to France amounted to 669 million 878 thousand dollars with an increase of 15.5 percent, and to Russia 585 million 94 thousand dollars with an increase of 3 percent.

836 percent increase to Saudi Arabia

When we look at the countries to which we export 10 million dollars and more, there were more than 100 increases to Kazakhstan, Saudi Arabia, Vietnam and Indonesia in the January-November period.

Sub-industry export sales to Kazakhstan increased by 177 percent from 14 million 50 thousand dollars to 38 million 956 thousand dollars, to Saudi Arabia from 2 million 274 thousand dollars to 21 million 308 thousand dollars with an increase of 836 percent, to Vietnam from 6 million 544 thousand dollars with an increase of 123 percent. 14 million 640 thousand dollars and Indonesia with an increase of 111% from 4 million 993 thousand dollars to 10 million 574 thousand dollars.