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Turkmenistan increases import of defense products from Turkey

Türkiye Materials 30 June 2020 13:43 (UTC +04:00)

BAKU, Azerbaijan, June 30

By Rufiz Hafizoglu – Trend:

The export of defense industry goods from Turkey to Turkmenistan increased by 5.9 times from January through May 2020 compared to the same period of 2019 and reached $828,000, the Turkish Ministry of Trade told Trend on June 30.

The export of defense industry goods from Turkey to Turkmenistan increased by 5.6 times in May 2020 compared to May 2019 and amounted to $171,000.

The export of defense industry products from Turkey to the world markets decreased by 28.7 percent from January through May 2020 compared to the same period of last year and reached $755.7 million.

The export of defense industry goods from Turkey has reached 1.2 percent of the country's total export volume of goods from January through May 2020.

Turkey exported defense industry goods worth $112.4 million to the world markets in May 2020, which is 54.8 percent less than in May 2019.

The export of defense industry products from Turkey in May 2020 amounted to 1.1 percent of the country's total export volume.

Turkey exported defense industry goods worth $2.4 billion from May 2019 through May 2020.

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Follow the author on Twitter: @rhafizoglu

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