Turkey’s Automotive Exports Break Record at $24.4 Billion

Turkey’s automotive exports surged to $24.4 billion in the January‑July period, establishing a new high amid global uncertainties.

The Sector’s New Pulse: Record Period

■January‑July export reached $24.4 billion, a +2.6% increase over the same period last year

■2025 forecast: $23.8 billion, 2024: $20.8 billion, 2023: $20 billion

■Surpassing the 2018 record of $19.2 billion

Global Market Share: 15.1% Exports

■Automotive accounted for 15.1% of total exports

■Germany, France, Italy, the UK and Spain were the top destinations

■Highest export to Germany: $3.953 billion, France: $3.027 billion

Winds of Growth in Europe

■France’s export growth peaked at $330.8 million

■Italy: $305.1 million, Germany: $116.7 million, Netherlands: $107.2 million, Czech Republic: $54.5 million

Domestic Distribution

■Kocaeli: $7.2 billion

■Bursa: $5.8 billion

■Istanbul: $4.9 billion

■Sakarya: $2.7 billion, Ankara: $1.7 billion

Year‑on‑Year Comparison

■2025: $23.8 billion

■2024: $20.8 billion

■2023: $20 billion

■2022: $18.5 billion (example)

Volkan Şen: Despite geopolitical tensions and supply‑chain disruptions, Turkey’s automotive export growth signals a robust “smart money” opportunity. Positive expectations are underpinned by strong European demand and competitive pricing strategies.