Turkey Balance of Trade

Last Release

Dec 31, 2025

Actual

-9,416

Units In

USD Million

-7,981.91

Frequency

Monthly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
24.51 Dec 1971	-14,370 Jan 2023	-2,154.14 USD Million	1957-2025	Turkish Statistical Institute

The Turkish trade balance has been in deficit since 1947. In 2017 the trade gap widened 36.8 percent from the previous year to USD 76.7 billion, as imports jumped 17.7 percent, the sharpest increase since 2011 and exports rose at a slower 10.2 percent. Turkey major exports were road vehicles, textiles, iron and steel, clothing and food, while imports were machinery and transport equipment, manufactured goods, mineral fuels and lubricants and chemicals. The biggest trade deficits were recorded with China, Russia, Germany, South Korea, Switzerland, India, Iran and Japan; and the largest surpluses were recorded with Iraq, the UAE, the UK, Israel, Syria, Northern Cyprus and Azerbaijan.

Latest Updates

Turkey’s trade deficit widened to USD 9.4 billion in December 2025 from USD 8.8 billion in the same month last year, according to preliminary data from the Trade Ministry. This marked the largest trade shortfall since April. Exports rose 12.8% to USD 26.4 billion, driven by higher sales of investment goods (+33.9%), raw materials (+6.4%), consumer goods (+1.3%), and other goods (+217.1%). Top export destinations included Germany, accounting for 6.7% of total exports, followed by the US (5.9%), the UK (5.7%), and Iraq (5.1%). Meanwhile, imports increased 11.2% to USD 35.8 billion, reflecting higher purchases of investment goods (+38.6%), raw materials (+6.3%), consumer goods (+6.8%), and other goods (+110.3%). China remained the largest import source with a 13% share, followed by Russia (10.4%), Germany (8.4%), and the US (5.7%). For the full year of 2025, Turkey recorded a trade deficit of USD 92.0 billion, compared with USD 82.2 billion in the previous year.