According to data released by the Turkish Exporters Assembly (TIM), the Turkish Defense & Aerospace Industry realized US$ 166.997 million in defense and aerospace equipment exports in January (represents a 3.7% increase compared to the same period of the previous year) and US$ 233.225 million in February 2021, represents a 34.1% increase compared to the same period of the previous year and around 40% increase compared to January 2021. According to export figures revealed by TIM, during January 1st - February 28th of 2021, the Turkish Defense & Aerospace Sector exported a total of US$ 400.222 million, while the said figure came in at around US$ 340.594 million level in the same period of last year (representing a 17.5% increase). 

Even though the industry’s January export data shows about a 62% decrease compared to December 2020 (US$ 279.512 million), December exports are generally higher compared to other months due to the year-end closures, as many countries and domestic customers prefer to place their orders in December with the remaining money from their budgets.  When we take a look at the export figures of the Turkish Defense and Aerospace Industry in January in the last three years, we observe that in January 2021, there is a 3.7% increase compared to January 2020 (US$ 166.851 million), a decrease of approximately 0.9% compared to January 2019 (US$ 174.498 million) and an increase of about 62% compared to January 2018 (US$ 106.506 million).