Turkey's auto industry aims over $30 bln exports in 2018
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 | 180,392.98 610.92M | 1.89% 3353.15 |
| ALLSHR | 108,164.81 1,218.64M | 1.62% 1725.65 |
| KSE30 | 53,921.42 273.38M | 1.95% 1030.99 |
| KMI30 | 256,900.46 245.46M | 1.35% 3425.80 |
| KMIALLSHR | 69,949.43 735.02M | 1.15% 794.76 |
| BKTi | 49,914.69 75.35M | 3.58% 1722.97 |
| OGTi | 36,322.92 15.57M | 1.25% 446.83 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 65,745.00 | 67,010.00 65,360.00 | -830.00 -1.25% |
| BRENT CRUDE | 79.84 | 83.80 78.45 | -3.33 -4.00% |
| RICHARDS BAY COAL MONTHLY | 123.00 | 0.00 0.00 | 5.25 4.46% |
| ROTTERDAM COAL MONTHLY | 125.50 | 125.50 125.00 | -0.45 -0.36% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 77.04 | 81.58 75.52 | -3.71 -4.59% |
| SUGAR #11 WORLD | 14.29 | 14.35 14.04 | 0.10 0.70% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
MPC Decision