Turkey’s trade deficit widened to USD 10.4 billion in June 2026 from USD 8.2 billion in the same month a year earlier, according to preliminary data from the Trade Ministry. The shortfall was the largest since March, as imports climbed 23.1% year-on-year to a six-month high of USD 35.3 billion, outpacing a 21.9% increase in exports to USD 24.9 billion. For the first half of 2026, Turkey recorded a cumulative trade deficit of USD 53.1 billion. During the period, imports rose 4.6% compared with the same period a year earlier to USD 189.2 billion, while exports increased at a slower pace of 3.6% to USD 136.1 billion, highlighting a persistent deficit in the country’s external trade position. source: Turkish Statistical Institute

Turkey recorded a trade deficit of 10400 USD Million in June of 2026. Balance of Trade in Turkey averaged -2194.06 USD Million from 1957 until 2026, reaching an all time high of 187.98 USD Million in October of 2018 and a record low of -14290.14 USD Million in January of 2023. This page provides the latest reported value for - Turkey Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.

Turkey recorded a trade deficit of 10400 USD Million in June of 2026. Balance of Trade in Turkey is expected to be -7800.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Balance of Trade is projected to trend around -8300.00 USD Million in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-30 07:00 AM
Balance of Trade Final
May $-5.61B $-8.5B $-5.6B $-5.6B
2026-07-03 06:45 AM
Balance of Trade Prel
Jun $-10.4B $-5.61B $ -7.8B
2026-07-31 07:00 AM
Balance of Trade Final
Jun $-5.61B $ -7.8B


Related Last Previous Unit Reference
Balance of Trade -10400.00 -5609.59 USD Million Jun 2026
Exports 24900.00 22461.03 USD Million Jun 2026
Imports 35300.00 28070.62 USD Million Jun 2026
Tourism Revenues 9896.00 15152.00 USD Million Mar 2026


Turkey Balance of Trade
The Turkish trade balance has been in deficit since 1947. Turkey major exports are 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.
Actual Previous Highest Lowest Dates Unit Frequency
-10400.00 -5609.59 187.98 -14290.14 1957 - 2026 USD Million Monthly

News Stream
Turkey Posts Largest Trade Deficit in 3 Months
Turkey’s trade deficit widened to USD 10.4 billion in June 2026 from USD 8.2 billion in the same month a year earlier, according to preliminary data from the Trade Ministry. The shortfall was the largest since March, as imports climbed 23.1% year-on-year to a six-month high of USD 35.3 billion, outpacing a 21.9% increase in exports to USD 24.9 billion. For the first half of 2026, Turkey recorded a cumulative trade deficit of USD 53.1 billion. During the period, imports rose 4.6% compared with the same period a year earlier to USD 189.2 billion, while exports increased at a slower pace of 3.6% to USD 136.1 billion, highlighting a persistent deficit in the country’s external trade position.
2026-07-03
Turkey Posts Smallest Trade Gap in 9 Months
Turkey’s trade deficit narrowed to USD 5.6 billion in May 2026 from USD 6.6 billion in the same month a year earlier. It was the smallest trade gap since August 2025, as exports declined less than imports. Exports fell 9.5% year-on-year to USD 22.5 billion, with shipments decreasing across agriculture, forestry and fishing (-2.2%), mining and quarrying (-2.1%), and manufacturing (-10.0%). Germany remained the top destination, accounting for 7.6% of total exports, followed by the US (6.8%), the UK (6.1%), Italy (5.1%), and Spain (4.1%). Meanwhile, imports declined 10.8% to USD 28.1 billion, weighed down by lower purchases of capital goods (-18.3%), intermediate goods (-4.1%), and consumption goods (-30.1%). Russia remained the leading source of imports, accounting for 13.4%, followed by China (12.2%), Germany (7.3%), and the US (4.3%). In the first five months of the year, the trade deficit widened to USD 42.7 billion from USD 41.2 billion in the corresponding period of 2025.
2026-06-30
Turkey Trade Deficit Smallest in 9 Months
Turkey’s trade deficit narrowed to USD 5.6 billion in May 2026 from USD 6.6 billion in the same month a year earlier, according to preliminary data from the Trade Ministry. This marks the smallest trade gap since August last year, as exports fell less than imports. Exports declined 9.3% year-on-year to USD 22.5 billion, driven by lower shipments of raw materials (-4.2%), consumer goods (-18.8%), and investment goods (-18.7%). Germany remained the top export destination, followed by the US and Italy. Meanwhile, imports dropped 10.7% to USD 28.1 billion, weighed by decreased purchases of raw materials (-3.9%), consumer goods (-30.1%), and investment goods (-18.4%). China remained the leading source of imports, followed by Russia and Germany. Considering the first five months of the year, the trade deficit widened to USD 42.7 billion from USD 41.1 billion in the same period a year earlier, as imports rose 1.2% while exports increased a slower 0.3%.
2026-06-04