Business · Trade · 2 hrs ago
Türkiye targets $45.5 billion in automotive exports in 2027
Türkiye’s 2027 annual program sets new targets for the automotive sector, which aims to expand its place in international markets.
Automotive exports are expected to reach $41.6 billion this year, with a target of $45.5 billion in 2027.
Imports are projected at $37.7 billion this year and are not expected to exceed $39.5 billion next year, as the program aims to reduce dependence on imports.
The plan calls for more domestic supply and technology, while adapting to green and digital changes in global transport.
It includes work on hydrogen engines, trains and fuel cells, as well as electric vehicle batteries and software.
The government plans support for charging-station investment and a nationwide charging infrastructure roadmap.
Progress on the mobility technology plan will be monitored and updated when needed, while the automotive production index is projected to rise from 129 this year to 131 in 2027.
Türkiye’s automotive sector aims to reach $45.5 billion in exports in 2027, according to the 2027 Presidential Annual Program.
Exports are expected to reach $41.6 billion by the end of 2026.
The program targets automotive imports of no more than $39.5 billion in 2027, compared with a projected $37.7 billion in 2026.
It also projects the automotive production index will rise from 129 at the end of 2026 to 131 in 2027.
Plans include supporting charging-station investment and developing green, digital and hydrogen-based automotive technologies.
- Who
- Türkiye’s automotive sector.
- What
- It aims to increase exports to $45.5 billion in 2027 and reduce reliance on imports.
- When
- The target is for 2027. Exports are expected to reach $41.6 billion by the end of 2026.
- Where
- Türkiye.
- Why
- To increase the sector’s share in international markets, raise value-added output and reduce external dependence.
This story does not have two clearly opposing sides.
Automotive exports are expected to reach $41.6 billion, and the production index is projected to reach 129.
The sector targets $45.5 billion in exports, an automotive production index of 131 and imports of no more than $39.5 billion.
- 2027 export target
- $45.5 billion
- 2026 year-end export projection
- $41.6 billion
- 2027 import ceiling
- $39.5 billion
- 2026 year-end import projection
- $37.7 billion
- 2027 manufacturing exports share
- 16.5 percent