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% year-on-year to a six-month high of USD 35.3 billion, outpac…

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% 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.

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.