Turkish defense exports keep upward momentum, rise 10.7% in September – Daily Sabah

Turkish defense exports keep upward momentum, rise 10.7% in September  Daily Sabah

The exports from the Turkish defense and aerospace sector maintained a positive momentum, rising by 10.7% in September compared to the same month a year… The exports from the Turkish defense and aerospace sector maintained a positive momentum, rising by 10.7% in September compared to the same month a year earlier, an official said on Saturday. Rolling annualized exports, at the same time, approached the figure of $11 billion (TL 540.40 billion), the official said. "Our rise in exports continues," Haluk Görgün, the head of the Presidency of Defense Industries (SSB), wrote in a social media post. "In September, our defense and aerospace industry exports increased by 10.7% compared to the same month last year, reaching $634 million, and for the first nine months of the year, they rose by 15.6% to $6.92 billion," Görgün noted.

He also reported that exports over the past 12 months totaled $10.94 billion, marking an increase of 30%. The sector, which has positively differentiated itself and strongly contributes to the country's overall exports, also plays a notable role by boosting its share of advanced and high-tech exports in the shipments. The total exports from Türkiye rose 15.4% on a yearly basis to $26 billion in September, Trade Minister Ömer Bolat announced on Saturday. Last year, for the first time, the defense and aerospace sector