Automotive Exporters Association

The automotive sector's exports increased by 17.9 percent on an annual basis to $2.8 billion in June, according to data from the business group.

The industry, which has been the leader in exports among all sectors over the past 16 years, captured an 11.8 percent share in the country's total exports last month.

The Turkish automotive sector could be affected indirectly by the Russia-Ukraine conflict because of rising costs, according to professionals.

Turkey's exports to Russia, which hit $705 million last year, is not expected to be affected so far, Baran Çelik, the head of the Automotive Exporters Association (OİB), told daily Hürriyet.

Turkey's automotive exports declined 1.6 percent in January to $2.2 billion, while supply industry exports rose 7 percent, according to the Automotive Exporters Association (OİB).