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Exports by the Turkish automotive sector fell by 53.4 percent in the first three months of the year mostly due to a sharp decline in the markets of France, Italy and Germany which account for 43.1 percent of the total exports from the sector.


Uludag Exporters' Association told A.A on Monday that the automotive sector made exports worth $4.1 billion to 153 countries and 13 free trade zones in five continents in the January-April period of 2009.

Exports to France dropped 35.8 percent to $761.5 million from $1.1 billion, while exports to Italy fell 49.1 percent to $538.6 million from $1 billion. Meanwhile, exports to Germany reduced 59.2 percent to $506.3 million from $1.2 billion last year.

Exports from the Turkish automotive sectors to ten countries in the first four months of 2009 are as follows:



Turkish Automotive Exports Countries Exports ($'000)
Change (percentage) Share (percentage)
-------- --------- ------ -----
France 761,508 -35.8 18.2
Italy 538,632 -49.1 12.8
Germany 506,326 -59.2 12.1
Belgium 234,985 19.8 5.6
Britain 218,894 -71.4 5.2
Russia 164,942 -69.9 3.9
Slovenia 145,972 30.6 3.5
Algeria 111,909 20.3 2.6
Poland 98,950 -49.9 2.3
Malta 95,757 79.6 2.3

Source:http://www.hurriyet.com.tr/english/finance/11624042.asp?scr=1

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