Turkey's Automotive Sector Rise: 13th Largest Production Hub in the World

Minister of Trade Ömer Bolat announced that Turkey has become the 13th largest production hub in the world in the automotive sector. This success is due to the country's economic growth and increasing exports over the past 23 years.

■The automotive sector has become the face of Turkish industry in the global arena.

■This success came with quality, timely delivery, reliability, sustainability, and qualified human resources.

■Last year's $41.5 billion export success made the automotive sector the first sector in terms of exports.

■The automotive sector is the 5th largest sector in Europe and the 13th largest production hub in the world.

Growth of the Automotive Sector - The automotive sector has been the leader in exports for the last 19 years.

■The sector accounted for more than 15% of Turkey's $273 billion exports last year.

■Turkey is among the world leaders in the bus and light commercial vehicle segment.

■In light commercial vehicle production, Turkey is 9th in the world and 1st in Europe as of 2025 production figures.

Increase in Exports - In the first 6 months of the year, exports increased by 3.6% to $136 billion, while imports increased by 4.6% to $189 billion.

■As of the end of June, our merchandise exports increased by 4.1% to $278 billion in the last 12 months.

■We need to achieve an increase of only $4 billion to reach our year-end target of $282 billion.

Supports - Minister Ömer Bolat also mentioned the supports provided to the automotive sector, and gave information about the funds and activities carried out within this scope.

■We established the OİBVenture Mobility Innovation Fund.

■The Turkish Development Fund is also a partner.

Markets are closely following the success of the automotive sector. Turkey's economic growth and increase in exports seem to be making significant contributions to the growth of the sector. The automotive sector becoming the face of Turkish industry in the global arena is an important indicator for the country's economic growth.