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Turkey's export of defense products to France shows decline

Türkiye Materials 29 May 2020 18:08 (UTC +04:00)
Turkey's export of defense products to France shows decline

BAKU, Azerbaijan, May 29

By Rufiz Hafizoglu – Trend:

Export of defense industry products from Turkey to France decreased by 7.74 percent from January through April 2020 compared to the same period in 2019 and amounted to $9.9 million, Turkish Trade Ministry told Trend.

In April 2020, Turkey’s export of defense products to France decreased by 65.21 percent compared to the same period of 2019, amounting to $986,000.

Over the first four months of 2020, export of Turkish defense products to international markets decreased by 20.8 percent compared to the same period of 2019, having amounted to $643.2 million. Meanwhile, Turkey’s defense industry export accounted for 1.2 percent of the country's total export.

In April 2020, Turkey exported $160.6 million worth defense industry products to the world markets, which is 18.5 percent less compared to the same month of 2019.

Turkey’s export of defense products in April 2020 amounted to 1.68 percent of the country's total export.

From April 2019 through April 2020, Turkey exported the defense products in the amount of $2.5 billion.

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Follow the author on Twitter: @rhafizoglu

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