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Türkiye's total defense exports value surges, exceeding $500M

Economy Materials 6 June 2023 19:30 (UTC +04:00)

BAKU, Azerbaijan, June 6. The total value of Türkiye's defense industry products exported in May 2023 considerably grew, Trend reports.

According to the Turkish Ministry of Trade, this figure amounted to $554.4 million, up by 67.8 percent on an annual basis.

"From January through May this year, Türkiye exported defense industry products worth $2 billion, which is 22.5 percent more than in May 2022," the ministry said.

In the last 12 months (from May 2022 through May 2023), the country totally exported defense industry products in the amount of $4.7 billion.

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