Türkiye’s automotive exports rose 5.9% year on year to $4.032 billion in October, making automotive the first Turkish sector to exceed $4 billion in monthly exports, according to the Turkish Exporters Assembly (TİM). Türkiye’s total goods exports increased 8.1% to $25.9 billion.
Chemicals and chemical products ranked second, with exports up 13.7% to $3.014 billion. Electrical and electronics came third at $1.930 billion, up 17.6%, the second-fastest growth rate among the top 10 sectors.
Defence and aerospace leads growth
Defence and aerospace exports climbed 61.1% to $1.140 billion, putting the sector seventh by export value and first by growth among the top 10. Steel exports rose 5.1% to $1.353 billion, while exports of ferrous and non-ferrous metals increased 8.6% to $1.324 billion.
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Türkiye’s Exports Jump 15.4%—But One Month Does Not Tell the Whole Story
“For Me, Business Life Is Both a Challenge and a Source of Enjoyment”Four of the top 10 sectors recorded declines. Apparel and garments posted the steepest fall, dropping 14.1% to $1.296 billion. Machinery and parts exports fell 10.5%, followed by cereals and pulses at 4.7% and textiles and raw materials at 3.3%.
