“Türkiye’s strategic location and flexible production capabilities and flexible production capabilities of Turkey’s strategic location and flexible production capabilities into advantage.” made the evaluation.
The preparation of mutual tariffs on April 2, which US President Donald Trump describes as “the Day of Liberation”, is evaluated with its possible effects on global trade. While Trump’s tariffs continue to be the greatest source of uncertainty on a global scale, possible retaliation from countries feed their concerns that the trade war may deepen.
While analyzes for the sectoral reflections of tariffs began to be made, the US president will bring 25 percent customs duties to automobile imports, Türkiye’s export figures for this country brought up the agenda.
According to the information compiled by the AA correspondent from the Turkish Exporters Assembly (TIM) data, the US market has an important place in Türkiye’s automotive exports.
Last year, the US ranked 9th in the 10 largest markets of the automotive industry, which broke a record in the sectoral sense with a volume of $ 37.2 billion last year. Considering the first 2 months of this year, the United States declined to 10th in the list.
Although there were fluctuations in exports to this country between years, the USA was sold for an average of $ 1.1 billion in the last 6 years.
In 2024, the US exports to the USA was 1.2 billion dollars, while this figure was recorded as 1 billion dollars in 2023, 1.4 billion dollars in 2022, $ 1.2 billion in 2021, 951 million dollars in 2020 and 1 billion dollars in 2019.
The exports of the sector to this country increased by 4 percent in the first 2 months of the year compared to the same period of the previous year and reached 198 million dollars.
While the automotive industry reached a total export volume of $ 6 billion in this period, the share of exports to the US was 3.3 percent. From here, one of every 30 vehicles was sent to this country.
“The US realized in 2024 automotive imports of $ 391 billion”
Answering the questions of the AA correspondent on the subject OİB Chairman Baran Çelik, the USA with 11 million units in the world’s second largest motor vehicle manufacturer and the largest automotive production centers, he said.
Reminding that the US has a large domestic market of 14 million units annually, Steel, “This also points to a lively ‘Aftermarket’ market in the country. The US is the largest automotive importer in the world.” he said.
Çelik shared the information that the country realized that the country realized 391 billion dollars of automotive imports last year and made the following evaluations:
“Only 8708 supply industry imports imports 90 billion dollars. Our automotive exports against the US have been realized over 1 billion dollars for the last 4 years, and the most exported in the US automotive industry is among the top 10 exported countries.
Steel, although all the details are not known by the United States, both vehicles and automotive parts and parts of 25 percent of high -rate customs duties are expected to bring attention to the attention, the customs duties for vehicles are expected to be commissioned at the beginning of April, he added.
Evaluating the possible reflections of this situation in Türkiye, “Therefore, the main industrial companies will be affected negatively in the first place. Our exports are predominant, although our procurement is predominant, we perform significant amounts of exports to the USA by the USA and light commercial vehicles. Therefore, additional customs duties will create a negative situation for the purpose of increasing costs.” He said.
“Türkiye’s flexible production capabilities offer the potential to turn difficulties into advantage.”
Baran Çelik stressed that the Trump administration followed a harsh trade policy not only against China, but also against western allies and neighboring countries such as Mexico and Canada.
Underlining that Japanese and Korean producers will be affected by the protective policies of Trump administration, Steel said, “As a result, trade wars and protectionist policies will increase in the coming period. evaluated.
“Türkiye has an approach that maintains balance in foreign policy and economic relations”
Steel, for Türkiye, this process contains opportunities and difficulties together, stating that Türkiye is an important production and export center for the automotive sector, he said.
For this reason, Türkiye is highly likely to be affected by the fluctuations created by global trade wars, “However, our country’s strategic location and flexible production capabilities offer the potential to convert these difficulties into an advantage. Our country has an approach that balances the balance in foreign policy and economic relations. he said.
