Turkey exports $950M of defense, aerospace products in Jan-April

Turkish defense, aerospace industry exports rise nearly 48% compared to the same period last year

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Turkey’s defense and aerospace industry racked up $950 million in exports in the first four months of 2021.

Sector exports jumped 47.7% from the same period in 2020, according to data compiled by Anadolu Agency from the Trade Ministry and the Turkish Exporters’ Assembly (TIM).

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The commercial capital Istanbul was the city with the highest exports of defense and aerospace products in January-April. During this period, exports from the city climbed 86.8% on an annual basis to $387.5 million.

It was followed by the capital Ankara and the central Turkish city of Konya with $204.5 and $131.7 million, respectively.

The US was the top export market for the aviation and defense industry sectors with over $386 million in the period, up 56% from a year earlier. It was followed by Azerbaijan with exports worth $117.3 million, up 1,234%, and the UAE with $90.3 million.

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The country’s April exports increased 109%, compared to the same month last year, reaching $18.8 billion. This was the highest April export figure of all time.

In the January-April period, Turkey’s exports amounted to $68.8 billion.

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