Exports in Turkish Defense, aerospace industry exceeded USD 2bn in 2018

Turkish Exporters Assembly has announced the Turkish Defense, aerospace industry´s exports surpassed USD 2 billion in 2018, with a record high of USD 2.035 billion, the organization said.

The US was the top exports market of the aviation and defense industry sectors with USD 726.7 million, up 5% from a year earlier. The US was followed by Germany with exports worth USD 226.1 million, an increase of 8% compared to 2017.

Turkish exports to Oman in the defense and aviation industry posted a 1,046% increase during the same period and USD 153.4 million worth of exports delivered to the country.

the most significant increase with 1,046 during the same period and USD 153.4 million worth of export delivered to the country.