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Turkish Defense Exports Up 17.6% for Last Five Months

Jun. 30, 2014 - 01:43PM   |  
By BURAK EGE BEKDIL   |   Comments
Turkey reports defense exports for the first five months of the year were up 17.6 percent compared with the same period in 2013. The country had an all-time annual high of $1.4 billion in defense exports last year, attributed mainly to sales by Turkish Aerospace Industries of products such as the Hurkus trainer aircraft.
Turkey reports defense exports for the first five months of the year were up 17.6 percent compared with the same period in 2013. The country had an all-time annual high of $1.4 billion in defense exports last year, attributed mainly to sales by Turkish Aerospace Industries of products such as the Hurkus trainer aircraft. (TAI)
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ANKARA — Exports by Turkey’s defense industry rose by 17.6 percent to $600 million January through May, up from $510 million in the same period last year, official figures revealed.

According to the Turkish Exporters’ Council, exports to Turkey’s biggest market, the United States, rose to $230 million for the five-month period, up from $194 million in the same period of 2013.

Other top markets for Turkish defense equipment, by rank, are the United Arab Emirates, Italy and Spain. Turkey exports arms and related systems to 130 countries.

Meanwhile, in a written statement, Turkish Defense Minister Ismet Yilmaz said that the government had granted $135 million in subsidies to defense companies between 2006 and 2013.

Turkey’s defense industry exports in 2013 were at an annual all-time high of $1.4 billion, up 10 percent from a year earlier. Between 2008 and 2012, exports, which account for a third of the country’s total production, rose by 43 percent.

Turkey aims to reach $2 billion in exports this year and an ambitious $25 billion in 2023.

Traditionally, top export items are aircraft and helicopter parts; engines; armored land vehicles; speed boats; missiles; rockets; launching platforms;light weapons; and electronic systems, including transmitters, command-and-control systems, simulators, sensors and practical software. ■

Email: bbekdil@defensenews.com.

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