Erdoğan: Defense exports up 29.5 percent in January-May to $3.863 billion
President Erdoğan announced that defense and aviation exports rose 29.5 percent in the January-May period compared to the same period last year, reaching $3.863 billion. Erdoğan noted that monthly exports reached $992 million and said that the annual exports of the past are now achieved in a single week.
President Recep Tayyip Erdoğan announced that export figures in the defense and aviation industry showed a significant increase in the January-May period. Erdoğan stated that exports in the sector increased by 29.5 percent compared to the same period last year, reaching $3.863 billion.
The data shared by Erdoğan showed that defense industry exports rose from an annual level of $248 million to a monthly export figure of $992 million. Erdoğan emphasized that annual exports are now achieved in one week and evaluated this development as a result of Turkey’s orientation towards technology-intensive products.
The statement noted significant progress in spreading exports across the country and shared that 21 provinces exported over $1 billion in the January-May period.
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