Exports of Turkish two-wheeler merchandise, equivalent to bicycles, mopeds and bikes, surged by 21% from January by means of June, based on Uludağ Automotive Industry Exporters Association (OIB) information.
Sales have been made to 92 international locations across the globe, producing round $39.75 million (TL 272.88 million), the information confirmed. The determine stood at $32.85 million in the identical interval of final yr.
Finland acquired most of the Turkish two-wheeler merchandise, as gross sales to the nation amounted to some $7.9 million.
It was adopted by the Netherlands, the place exports surged 106.53%. Exports to the nation hit almost $5.47 million, up from $2.65 million in the first half of final yr.
The Corona Virus pandemic is especially stated to have fueled demand for bicycles as folks search options to public transport in a bid to keep away from crowded locations.
Sales to a different vital market, France, have been up 241.68% to $5.29 million, in comparison with $1.55 million in the first six months of 2019. Germany adopted with simply over $5 million.
Among others, exports to a number of different international locations posted a noteworthy rise, together with Greece with 104%, Romania with 323% and Italy with 59.82%. Sales to the international locations totaled $2.57 million, $1.12 million and almost $2.98 million, respectively.
The two-wheeler exporters additionally managed to promote $1.84 million and $1.82 million value of items to Spain and the U.K.
Exports of Turkish two-wheeler merchandise in 2019 surged by 37% year-on-year and hit some $63.eight million, based on OIB information. Sales have been made to 110 international locations.
Finland and Germany constituted 42% of the full exports, with $14.12 million and $12.97 million, respectively.