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FX.co ★ Turkey’s Trade Deficit Widens in November: A Closer Look at Economic Challenges

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typeContent_19130:::2025-12-04T07:50:00

Turkey’s Trade Deficit Widens in November: A Closer Look at Economic Challenges

Turkey has witnessed a further widening of its trade deficit in November 2025, as reported by the Trade Ministry. The latest figures indicate that the country's trade balance has deteriorated to -7.80 billion, marking a decline from the -7.40 billion recorded in the previous month of October 2025. This development reflects ongoing economic challenges faced by the nation.

The updated data, released on December 4th, 2025, underscores the pressures on Turkey's economy as it grapples with global economic conditions and domestic factors. An increase in imports without a corresponding rise in exports has contributed significantly to the expanded deficit. High energy prices and fluctuations in currency markets are also potential factors exacerbating the imbalance.

As Turkey continues to navigate these challenges, the government and economic stakeholders will need to address underlying issues affecting trade. Strategies to stimulate export growth and manage import levels could be key to stabilizing the economic environment and achieving a more balanced trade outlook in the coming months.

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