Turkey Defense and Aerospace Products Export of 1 Billion Dollars! |

Turkey Defense and Aerospace Products Export of 1 Billion Dollars!

Turkey Defense and Aerospace Products Export of 1 Billion Dollars!

Turkey has exported about 1 billion dollars worth of defense and aerospace products in the first four months of 2021 (January-April). Besides, the USA ranked first among export countries with a value of 386 million 100 thousand dollars.

All-Time High April Month Export Figures!

April month export figures increased by %109, according to the data announced by the Turkish Ministry of Trade and the Exporters Assembly. Export figures were recorded as $18.8 billion. Furthermore, these have been the highest “April export figures” to date.

Regular Increase in Export Figures

Turkey defense and aerospace products export rates show a regular increase. So, the export figures started at 166 million 997 thousand dollars in January and regularly increased each month.

EBRD: 13 Billion Euro Investment in Turkey to date

48% Increase Compared to Last Year

Turkey export values increased by 47.7% in 2021 compared to the same period in 2020. Export figures increased compared to the same periods of the previous year. And, recorded as 994 million 744 thousand dollars.

Istanbul is Aerospace and Industrial Products Export Leader in Turkey

Istanbul ranked first among the provinces where Turkey’s exports reached the highest figures in January-April 2021. When the export data are analyzed on an annual basis, the export of aerospace and industrial products in Istanbul increased by 86.8% and reached 387.547 thousand dollars. Other provinces with the highest figures are as follows;

Ankara: 204 million 490 thousand dollars,

Konya: 131 million 732 thousand dollars,

Eskisehir: 88 million 739 thousand dollars,

Izmir: 39 million 663 thousand dollars.

The USA Ranked First

The USA ranked first in the distribution data of Turkey’s exports by country in January-April 2021. Aerospace and industrial products exports to the USA increased by 56% in January-April.  Also, recorded as 386 million 113 thousand dollars.

Azerbaijan Ranked Second Among Export Countries

In Turkey’s aerospace and industry exports, export figures to Azerbaijan increased by 1234%. Following the USA, Azerbaijan ranked second among the export countries with foreign sales of 117 million 315 thousand dollars.

Besides, armed and unarmed unmanned aerial vehicles produced by Turkey played an important role in the operation that saved Azerbaijan’s territory from the occupation during the Nagorno-Karabakh war in 2020.

Turkey Has Provided the Highest Liquidity Support Among G20 Countries!

UAE, Bangladesh, and Germany Followed the Ranking

UAE, Bangladesh, and Germany followed the USA and Azerbaijan in the export of aerospace and industrial products. The United Arab Emirates was on the list with 90 million 299 thousand dollars.

Additionally, Bangladesh with 57 million 827 thousand dollars, and Germany with 50 million 14 thousand dollars.

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