Turkish defence industry closing to break its annual record. Turkish Exporters Assembly (TIM) reported that Turkish exports in November 2022 increased by 31.6 per cent compared to November 2021. Thus, the industry reached the highest export volume in its history. Last month, USD 500 million level also passed for the first time. Turkiye is expecting its export volume to pass USD 4 billion in 2022. Industry completed USD 3.2 billion in export last year.Turkiye reached nearly the USD 4 billion goal with the last rocket, missile and combat management system exports.
