Turkey Balance of Trade

Last Release

Sep 30, 2025

Actual

-6,900

Units In

USD Million

-4,210.95

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	-2,131.69 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 6.9 billion in September 2025 from USD 5.2 billion in the corresponding month of the previous year. This marked the largest trade deficit since June, as imports rose by 8.7% year-on-year to USD 29.5 billion, driven by higher purchases of intermediate goods (10.9%), capital goods (0.4%), and consumer goods (7.8%). Imports from China increased the most (14.5%), followed by Russia (11%) and Germany (8%). Meanwhile, exports grew by 2.8% year-on-year to USD 22.6 billion, led by higher sales of manufactured goods (2.9%) and mining and quarrying products (16.8%). However, exports of agriculture, forestry, and fishing products fell by 10.1%. Germany remained the top export market (8.4%), followed by the UK (6.1%) and the US (6%). For the January–September period, the trade deficit widened to USD 67.1 billion, compared with USD 60 billion in the same period last year.