In a surprising turn of events, Turkey's trade deficit notably shrank in May 2025. The latest figures, updated as of June 2nd, reveal the trade balance narrowed to -$6.50 billion, a significant improvement from the previous month's -$12.09 billion recorded in April.
This reduction indicates a stronger-than-expected export performance or a potential reduction in imports, contributing to a more balanced trade equation for the nation. Such a positive shift builds hope for Turkey's economic recovery and growth.
Given the economic turbulence many countries face, Turkey's narrowing trade deficit is a promising sign of stabilization and could signal brighter economic prospects for the rest of 2025. Market analysts will watch closely to see if this trend continues in the coming months.
