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Abstract:
The automotive sector is one of the most significant sectors in Turkey. This study reveals characteristics of international trade activities of the Turkish motor vehicle assembly and automotive parts supply industries. This study also establishes that the Turkish automotive sector is highly open and integrated with the global automotive sector, especially well with the European automotive value chain. This study suggests diversification of international trade markets of the Turkish automotive industry by accessing rising regions, namely Asia-Pacific and the MENA having displayed remarkable growth in the automotive sector over the past decade. This study also recommends getting more involved in the automotive parts supply section of the automotive industry that increasingly accounts for a larger section of the automotive industry.
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