BAKU, Azerbaijan, April 29
By Rufiz Hafizoglu – Trend:
Iran suspended the import of defense industry products from Turkey in March 2020, the Turkish Ministry of Trade told Trend on April 29.
The export of defense industry products from Turkey to Iran increased by 14.08 percent from January through March 2020, compared to the same period of 2019, amounting to $933,000.
The export of Turkish defense industry products to the world markets decreased by 21.5 percent from January through March 2020 compared to the same period of last year, amounting to $482.7 million.
The export of the Turkish defense industry products accounted for 1.1 percent of the country's total export from January through March 2020.
Turkey exported $141.8 million worth defense industry products to the world markets in March 2020, which is 49.8 percent less than in March 2019.
The export of Turkish defense industry products in March 2020 amounted to 1.1 percent of the country's total export.
Turkey exported defense products worth $2.6 billion from March 2019 through March 2020.
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