Why Turkey?
“Turkey’s 2023 target is to take place among the world’s 10 largest economies in the 100th year of the Republic. Such a country in the economic top ten list can produce its own automobile brand, it is a reachable target”.
Toyota Turkey CEO Orhan Ozer
Key figures for Turkish Automotive sector
13 Billion USD supplier industry export
Top export markets: Germany, France, UK
National export champion since 2006
75% of total exports to EU
Realizes 15% of domestic exports
Turkey: Global Leader in Export & National Export Champion since 2016 & Europe's largest vehicle manufacturer in 2022
Top Exported Spare Part Products
![](/templates/yootheme/cache/94/icon-engine_parts-94ada1ce.png)
Engine parts
![](/templates/yootheme/cache/d0/icon-tyres-d061e313.png)
Tyres and tubes
![](/templates/yootheme/cache/8f/icon-accessories_for_bodies-8f48e888.png)
Accessories for bodies
![](/templates/yootheme/cache/52/icon-road_wheels-52f781eb.png)
Road wheels and parts
![](/templates/yootheme/cache/3b/icon-rubber_parts_for_motor_vehicles-3b8d3854.png)
Rubbers parts for motor vehicles
![](/templates/yootheme/cache/fe/icon-transmission_crank_and_shafts-fe882ac1.png)
Transmission crank and shafts
Why the Turkish Automotive Industry is attractive?
Strategic location
Turkey is located at the center of 3 major markets (Europe, Middle East and Central Asia)
![](/templates/yootheme/cache/be/turkish_at_the_center-be40395c.png)
Turkey is a natural bridge between both East-West and North-South axes
![](/templates/yootheme/cache/1e/turiksh_position-1e2d0c74.png)
Turkey has easy access to 1,5 billion customers in Europe, Eurasia, the Middle East and North Africa (24 trillion $ GDP)
![](/templates/yootheme/cache/7d/access_to_customers-7d7c90a9.png)
Turkish Automotive Industry
![](/templates/yootheme/cache/02/11-0239e77e.png)
High sense of quality
![](/templates/yootheme/cache/58/12-5858d81e.png)
High production capacity
![](/templates/yootheme/cache/d8/13-d8a8cf01.png)
Wide product range
![](/templates/yootheme/cache/9b/14-9b9d9648.png)
Qualified, well-trained motivated labour four
![](/templates/yootheme/cache/1b/15-1b6d8157.png)
High export potential
![](/templates/yootheme/cache/41/16-410cbe37.png)
Innovation design
![](/templates/yootheme/cache/c1/17-c1fca928.png)
High level customer portfolio
![](/templates/yootheme/cache/29/18-29686d89.png)
Production at EU standards
![](/templates/yootheme/cache/a9/19-a9987a96.png)
Automotive culture and supplier base
![](/templates/yootheme/cache/28/20-2899dd01.png)
Patnership with world-leading manufacturers
Foreign direct investments in Turkey
![](/templates/yootheme/cache/46/24-46ca8bbe.png)
2017 Foreign Direct Investments: 10,8 b$
![](/templates/yootheme/cache/46/24-46ca8bbe.png)
Foreign trade surplus
between 2006-2022
79 b$
![](/templates/yootheme/cache/41/hubs-41bf6f48.png)
Many multinational companies have production hubs in Turkey, serving for local and export markets (mainly Eurozone)
Source: Automotive Industry Exporters Assocciation