Tuesday, 02 January 2024 12:17 GMT

Türkiye Defense Exports Soar 61 Percent to Record-Pace USD1.14B


Date:

(MENAFN) Türkiye’s defense and aerospace exports jumped 61% in October from a year earlier, reaching $1.14 billion, the head of the country’s Secretariat of Defense Industries said Tuesday.

Haluk Gorgun said official data show outbound shipments from the sector are maintaining a strong upward trend.

“In October, our exports reached $1.14 billion, an increase of 61% compared to the same month last year,” Gorgun said.

Cumulative exports for January through October climbed 21% from the same stretch of 2025, totaling $8.05 billion.

Gorgun reported that exports over the trailing 12 months grew 37% year-on-year to $11.36 billion.

“Under the leadership of our President Recep Tayyip Erdogan, we are bringing our national technologies to international markets and developing the production and export capacity of our defense industry,” he said.

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