Turkey: Exports of buses, minibuses nearing $1

17:15 Fri, 01 July

GEO

USD

$ 2.9077

EUR

€ 3.0403

GBP

£ 3.5108

RUB

₽ 0.0531

TRY

₺ 0.0017

AZN

₼ 0.0172

Bitcoin

19,293.2000

Ethereum

1,052.3000

Bitchoin Cash

99.9750

Litecoin

50.9040

XRP

0.3140

24.Sep .2020 11:17

Turkey: Exports of buses, minibuses nearing $1

613

Back

Turkey exported buses, minibuses, and midibuses worth $916.5 million to 87 countries from January to August this year, according to data released by an industry group on Wednesday.

A majority of the sales were to EU countries – France ($154.8 million), Germany ($147.1 million), and Italy ($89.6 million), figures compiled by the Uludag Automotive Industry Exporters Association (OİB) show.

Exports to Morocco, which was fourth on the list, increased by 27.79% compared to the same period last year and reached $35.6 million.

Sales to the Czech Republic stood at $26.5 million, marking a 112% increase in the eight-month period, while exports to Russia soared by 376.11% to hit $23.3 million.

Exports to Mexico, a developing market, surged by 244.32% to reach $15.2 million, up from $4.4 million in the Jan-Aug period last year.

Turkey ranks fifth in Europe’s automotive production list and the total investment volume of global brands in the country's automotive industry since 2000 has reached $15 billion, according to the Investment Office of the Presidency of the Republic of Turkey.

Bus Project Turkey