Used Car Export Country Guide Europe - Türkiye
创建于2024.09.26
Used Car Export Country Guide Europe - Türkiye
1. Basic Information
The Republic of Turkey (Turkey for short) spans across Asia and Europe, with Ankara as its capital, a land area of 783,600 square kilometers and a population of 85.27 million. Turkey's GDP in 2023 is about 1,154.6 billion U.S. dollars, a year-on-year increase of 5.6%, and its per capita GDP has increased to 15,368 U.S. dollars. In 2023, the bilateral trade volume between China and Turkey was 43.39 billion U.S. dollars, a year-on-year increase of 12.5%. Among them, China's exports to Turkey were 38.87 billion U.S. dollars, a year-on-year increase of 14.2%; China's imports from Turkey were 4.52 billion U.S. dollars. Turkey is rich in mineral resources, mainly granite, marble, boron ore, chromium, thorium and coal, with a total value of more than 2 trillion U.S. dollars. Among them, granite and marble reserves account for 40% of the world, and the number of varieties ranks first in the world.
2. Automobile Market Situation
Turkey is a left-hand drive country with about 250 cars per thousand people. The automotive industry is one of Turkey's largest industrial sectors and a hub for many European and Japanese manufacturers. Turkey's automotive industry not only meets domestic demand, but also exports to Europe, the Levant and North Africa. In 2022, Turkey's car sales will be 780,000 units, a year-on-year increase of 6.2%. In 2023, sales will be 1.23 million units, a year-on-year increase of 57.7%. Local best-selling brands are Fiat, Renault, Ford, Hyundai, Opel, Citroen, Volkswagen, Toyota, etc.
In 2022, due to factors such as the chip crisis and the Russia-Ukraine conflict, there was a huge gap in Turkey's domestic new car market. Coupled with the impact of domestic inflation and currency depreciation, consumers turned to used cars with quick delivery compared to new cars with longer delivery times. Used cars have become a "hard currency" for preserving the value of Turkish assets, and prices have risen rapidly. Due to the high oil prices in Turkey, small-displacement economical cars are more popular in the auto market. In terms of second-hand imports, Turkey mainly imports used cars through ports such as Istanbul Port, Anbari Port, Gimlik Port, Sanson Port, Trabzon Port, Iskenderun Port, Mersin Port and Izmir Port.
(III) Policies and regulations on the import of used cars
1. Import policy
Importing used cars into Turkey requires permission from the Ministry of Trade. Turkey has no age limit for imported used cars, but requires regular testing at authorized testing centers. TOVTURK is the only company authorized to conduct inspections and performance tests. Imported vehicles need to be declared and registered at the customs, and the certificate of conformity issued by the Ministry of Industry and Technology or its authorized agency must be submitted to the customs.
When entering Turkey with a personal vehicle, it must be registered in the passport. Turkish residents are not allowed to temporarily import vehicles from abroad, but diplomats returning permanently are allowed to import second-hand vehicles that are no more than 3 years old. For non-Turkish residents, the import of foreign registered vehicles can enjoy tax exemptions and can be driven on the road within 24 months from the date of import.
2. Tax policy
Importing used cars into Turkey requires paying tariffs, value-added tax, special consumption tax, etc., of which the tariff rate is 10% and the value-added tax rate is 18%. In November 2020, Turkey announced an increase in imported car taxes, raising the total tax rate for imported cars with a displacement of more than 1,600 ml from 60% to 80%, and the total tax rate for high-end imported cars from 160% to 220%. In February 2021, Turkey increased the special consumption tax on pure electric vehicles from 3-15% to 10-60%, which runs counter to Europe's policy of promoting the popularization of pure electric vehicles.
3. Documents required for import
•commercial invoice
• Certificate of Origin
• Original Bill of Lading (BOL) – must show chassis and engine numbers
•proforma invoice
• Original purchase/commercial invoice
• An insurance policy
• Original certificates of ownership and registration
• passport
Source: China Used Car Export Country Guide 2023
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