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Türkiye's defense, aerospace industry exports hit record $876M in May

ENGLISH 03.06.2024 - 19:12, Güncelleme: 03.06.2024 - 19:12

Türkiye's defense, aerospace industry exports hit record $876M in May

Figure surges 59% from month ago, head of defense industry authority says

Tükiye's defense and aerospace industry exports hit its record high monthly figure of $876 million in May, a month-on-month surge of 59%, said the secretary of Turkish Defense Industries (SSB) on Monday.  "We are not only achieving sustainable growth in our sector with our record high high-tech exports, but also increasing our country's value-added export rate with our export value per kilogram exceeding $65," Haluk Gorgun wrote on X.  In January-May, Turkish defense and aerospace industry exports grew 9% from last year to $2.2 billion, Gorgun added. On Monday, Turkish Trade Minister Omer Bolat announced that the country’s exports saw a record-high May figure of $24.1 billion.

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Figure surges 59% from month ago, head of defense industry authority says

"We are not only achieving sustainable growth in our sector with our record high high-tech exports, but also increasing our country's value-added export rate with our export value per kilogram exceeding $65," Haluk Gorgun wrote on X. 

In January-May, Turkish defense and aerospace industry exports grew 9% from last year to $2.2 billion, Gorgun added.

On Monday, Turkish Trade Minister Omer Bolat announced that the country’s exports saw a record-high May figure of $24.1 billion.

#Türkiye

#Turkish Defense Industries

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