Turkey’s trade deficit expanded in February 2026, with the gap rising to $9.20 billion from $8.38 billion in January 2026, according to data updated on 3 March 2026. The latest figures highlight a continued deterioration in the country’s trade balance early in the year.
The increase in the deficit suggests that import growth is outpacing export performance, or that any improvement in exports has not been sufficient to offset higher import values. For investors and policymakers, the widening gap may raise renewed concerns about external imbalances, foreign currency needs, and potential pressure on the Turkish lira.
Market participants will be watching upcoming monthly releases closely to see whether February’s figures mark the beginning of a deeper trend or a temporary setback within broader trade dynamics. Subsequent data will be crucial for assessing Turkey’s external position and any potential policy responses aimed at stabilizing the trade balance.
