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Turkey’s defense industry exports grow

Business Materials 2 March 2018 17:22 (UTC +04:00)

Baku, Azerbaijan, March 2

By Rufiz Hafizoglu – Trend:

In January-February 2018, exports of Turkey’s defense industry products amounted to $258.9 million, which is 16.6 percent more than in the same period of 2017, Turkey’s Undersecretariat for Defense Industries said in a message March 2.

During the first two months of 2018, Turkish defense industry products worth $20.3 million were exported to Oman, while similar products worth $1.5 million were exported to the country in January-February 2017.

“In January-February 2018, defense industry products worth $10.5 million were exported to the UK, defense industry products worth $9.4 million were exported to India, defense industry products worth $8.2 million were exported to China,” the message said.

This is while defense industry products worth $7.9 million were exported to Qatar, defense industry products worth $6.4 million were exported to Italy and defense industry products worth $5.2 million were exported to Azerbaijan, according to the message.

The remaining defense industry products worth $191 million were exported to other countries, the message noted.

Earlier, Turkish Prime Minister Binali Yildirim said that over the past years, Turkey had invested about $35 billion in the defense industry.

He said that exports of Turkish defense products reached $2.5 billion in recent years.

From 2011, Turkey has set up the production of mobile outposts that proved effective in fights against the militants of the Kurdistan Workers' Party (PKK), and also the Canik TP9 handguns, unmanned ANKA aircraft and other military equipment to strengthen the domestic defense industry.

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