The below graphs of sales and output data of the industrial sector and the motor vehicle manufacturing sector well demonstrate the weight of these industries within the national economy. The first graph shows the rising output volume of the industrial sector, which posted more than 15 percent annual growth in the past six years. The chart also reveals that although domestic sales have increasingly boosted the sector’s performance, exports have remained the main growth engine. Although the share of motor vehicle manufacturers (see orange column) does not appear exceptionally large within the entire output of the national economy (see purple column), but the output volume is indeed sizable for a single manufacturing sub sector. The output volume of motor vehicle manufacturers reached 22 percent of total in 2014, well above the 16 percent figure in the pre-crisis year of 2008. The sub sector’s share has also increased relative to the manufacturing industry, from 20 percent six years ago to the recent 26 percent.

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(Ministry for National Economy)