Business · Economy · 1 day ago

Turkey's customs e-auctions raise 5.7 billion lira in 10 months

Turkey's customs e-auctions raise 5.7 billion lira in 10 months

Turkey's Trade Ministry says its online customs auctions raised 5.7 billion lira from January to October.

That was 22% more than in the same period last year.

The system sells vehicles and goods that have been cleared for disposal under customs and anti-smuggling rules, including electronics, clothing and furniture.

People and companies based in Turkey can bid online, and the auctions have operated since 2014.

Bidders can view item details, vehicle inspection reports and offers as they come in, while a deposit is required to place a bid.

The proceeds put goods and vehicles back into the economy, and the ministry says 6,233 vehicles and 17,950 groups of goods have been sold through the system since the start of 2025.

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