ECONOMY Local defense industry boosts exports 37 percent

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ECONOMY Local defense industry boosts exports 37 percent

[...] 37 percent on an annual basis in January-May while the country’s overall exports recorded a 5.37 percent increase in the same period, reported

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[…] 37 percent on an annual basis in January-May while the country’s overall exports recorded a 5.37 percent increase in the same period, reported Anadolu Agency, which compiled data the Turkish Exporters’ Assembly (TİM). In the first five months of 2019, the local ’s export revenues amounted to $1 billion, up $784 million a year ago. Local defense companies’ main […] market was the United States. Exports to this country exhibited a strong 20.8 percent increase to $353 million. Exports to Qatar soared more than 1,300 percent to hit $123 million. Turkish aviation and defense companies delivered $108 million worth of goods to Germany in the first five months of this year, marking a 6.6 percent increase compared to the same period […]

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