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FX.co ★ Turkey Posts Largest Trade Deficit in 3 Months

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typeContent_19130:::2026-07-03T07:09:02

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 a year earlier, according to preliminary figures from the Trade Ministry. This was the largest gap since March, as imports surged 23% year-on-year to a six-month high of USD 35.3 billion, outpacing a 21.7% increase in exports to USD 24.9 billion.

Over the first half of 2026, Turkey posted a cumulative trade deficit of USD 53.1 billion. During this period, imports rose 4.6% from a year earlier to USD 189.2 billion, while exports increased at a slower 3.6% to USD 136.1 billion, underscoring the persistence of the country’s external trade imbalance.

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