Turkey's auto industry aims over $30 bln exports in 2018

News Image

MG News | July 05, 2018 at 03:56 PM GMT+05:00

Turkey's automotive industry exports will exceed $30 billion in 2018, CEO of Uludag Automotive Industry Exporters' Association (OIB) said.
"We had aimed for $29 billion [of exports] in 2018. If we look at the data for the first half of the year, we reached an export level of $16.4 billion.
"This shows us that we will exceed far beyond our aim. We will exceed over $30 billion," Baran Celik told Anadolu Agency.
Celik said $16.4 billion of exports in 2018 was an "all-time record" for the first half of a year.
He said Turkish automotive sector's exports reached $28.5 billion in 2017, adding that the sector will break a record in 2018.
According to the Turkish Exporters' Assembly (TIM), automotive was the leading sector with $2.5 billion exports in June. The sector's exports increased by 1.9% compared to the same month of the previous year.
(APP)

Related News

Name Price/Vol %Chg/NChg
KSE100 168,410.25
88.68M
-0.58%
-982.08
ALLSHR 101,767.34
257.28M
-0.47%
-479.42
KSE30 50,083.82
51.80M
-0.76%
-384.28
KMI30 239,684.67
36.60M
-0.59%
-1424.08
KMIALLSHR 66,059.15
125.92M
-0.28%
-186.35
BKTi 46,591.75
25.73M
-0.85%
-400.56
OGTi 34,467.97
3.66M
-0.06%
-20.96
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 75,525.00 76,145.00
75,140.00
-640.00
-0.84%
BRENT CRUDE 107.89 108.59
107.15
-0.86
-0.79%
RICHARDS BAY COAL MONTHLY 130.00 0.00
0.00
2.75
2.16%
ROTTERDAM COAL MONTHLY 138.50 0.00
0.00
-0.50
-0.36%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 104.42 105.63
103.76
-1.41
-1.33%
SUGAR #11 WORLD 17.78 18.05
17.68
-0.16
-0.89%

Chart of the Day


Latest News
September 16, 2026 at 01:48 PM GMT+05:00

Pakistan refineries stage massive earnings turnaround in FY26


September 16, 2026 at 11:07 AM GMT+05:00

Bawany Air Products sets Rs6bn rights issue at 73% discount


September 16, 2026 at 10:54 AM GMT+05:00

Govt borrows Rs328bn debt in a week



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg