ANKARA — Turkey's exports increased by 4.3 percent in March compared to the previous year, reaching $13.14 billion, the Turkish Exporters' Assembly (TIM) announced Tuesday.

The automobile industry contributed the most to Turkey's exports with $2.12 billion.

The country's exports were $12.1 billion in February and $12 billion in January 2014. The target is to reach $166.5 billion in exports by the end of 2014.

According to Turkey's national statistics agency, in 2013, Turkey's exports dropped 0.4 percent compared to the previous year, reaching a total of $151.86 billion, while its imports increased to $251.6 billion.