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Cost of Turkish defense industry products exported to Azerbaijan announced

Türkiye Materials 4 June 2019 14:23 (UTC +04:00)

Baku, Azerbaijan, June 4

By Rufiz Hafizoglu – Trend:

In January-May 2019, Turkey exported $19.1 million worth of defense industry products to Azerbaijan, Trend reports referring to Turkish media.

It is reported that the US holds 1st place in terms of the volume of exports of Turkish defense industry products, which amount to $352.6 million.

"During this period, exports of Turkish defense industry products to Qatar amounted to $123.5 million, $107.4 million worth of exports were made to Germany, and $63.2 million worth of exports were made to the UAE," Turkish media reported.

It is noted that during the reporting period, the total volume of exports of Turkish defense industry products amounted to $1.7 billion, which is 37 percent more than in the same period last year.

Turkey has invested about $35 billion in its defense industry in recent years.

Follow the author on Twitter: @rhafizoglu

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