Automotive exports amounted to 4 billion dollars in October

Turkey’s automotive industry exported $4.032 billion in October, according to data from the Automotive Industry Exporters’ Association (OİB), retaining its position as the country’s top exporting sector with a 15.6% share of total national exports. For January–October, automotive exports reached $35.174 billion, accounting for 14.9% of Turkey’s overall exports. The figures underscore the sector’s outsized role in driving Turkish export revenue and hard-currency inflows. Watch upcoming monthly OİB data for whether the October pace holds through year-end and whether the sector’s share of total exports continues to climb.