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Iran boosts Turkish defense industry products' import for 9M2020

Türkiye Materials 27 October 2020 14:52 (UTC +04:00)
Iran boosts Turkish defense industry products' import for 9M2020

BAKU, Azerbaijan, Oct. 27

By Zhale Qasimova – Trend:

The export of defense products from Turkey to Iran surged by 71.65 percent, compared to the same period of 2019, exceeding $2.4 million, the Turkish Trade Ministry told Trend.

In September 2020, Turkey exported defense products worth $244,480 to Iran, which is 51.89 percent more than in the same month of last year.

From January through September 2020, Turkey’s export of defense products made up 1.4 percent of the country’s total export.

In September 2020, Turkey exported defense industry products exceeding $281.5 million to global markets, which is 80 percent more compared to the same month of 2019.

Turkey's export of defense products in September 2020 amounted to 1.9 percent of the country's total export.

Over the past 12 months (from September 2019 through September 2020), Turkey exported defense products worth over $2.42 billion abroad.

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