Turkey’s trade deficit widened to $5.24 billion in August 2026 from $4.28 billion in the same month a year earlier, according to preliminary data. Imports rose 10.5% year-on-year to $28.7 billion, mainly from China ($4.7 billion), Germany ($2.1 billion), and the US ($1.9 billion). By sector, imports were mainly from the manufacturing industry (82.4%), mining and quarrying (12%), and agriculture, forestry and fishing (2.9%). Meanwhile, exports increased 8.1% to $23.5 billion, with Germany as the top export destination ($1.8 billion), followed by the US ($1.7 billion) and the UK ($1.2 billion). By sector, exports were dominated by the manufacturing industry (93.5%), agriculture, forestry and fishing (3.2%), and mining and quarrying (2.3%). During January-August, the country’s cumulative trade deficit reached $65.8 billion, with exports rising 4% to $185 billion and imports increasing 5.3% to $250.8 billion. source: Turkish Statistical Institute

Turkey recorded a trade deficit of 5239 USD Million in August of 2026. Balance of Trade in Turkey averaged -2203.97 USD Million from 1957 until 2026, reaching an all time high of 187.98 USD Million in October of 2018 and a record low of -14290.14 USD Million in January of 2023. This page provides the latest reported value for - Turkey Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

Turkey recorded a trade deficit of 5239 USD Million in August of 2026. Balance of Trade in Turkey is expected to be -7800.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Balance of Trade is projected to trend around -7300.00 USD Million in 2027 and -6300.00 USD Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-28 07:00 AM
Balance of Trade Final
Jul $-7.34B $-10.37B $-7.4B $-7.4B
2026-09-03 09:15 AM
Balance of Trade Prel
Aug $-5.24B $-7.34B $-7.0B
2026-09-30 07:00 AM
Balance of Trade Final
Aug $-7.34B $-5.24B $-5.24B


Related Last Previous Unit Reference
Balance of Trade -5239.00 -7342.88 USD Million Aug 2026
Exports 23467.00 25622.85 USD Million Aug 2026
Imports 28706.00 32965.74 USD Million Aug 2026
Tourism Revenues 15865.00 9896.00 USD Million Jun 2026


Turkey Balance of Trade
The Turkish trade balance has been in deficit since 1947. Turkey major exports are road vehicles, textiles, iron and steel, clothing and food, while imports were machinery and transport equipment, manufactured goods, mineral fuels and lubricants and chemicals. The biggest trade deficits were recorded with China, Russia, Germany, South Korea, Switzerland, India, Iran and Japan; and the largest surpluses were recorded with Iraq, the UAE, the UK, Israel, Syria, Northern Cyprus and Azerbaijan.
Actual Previous Highest Lowest Dates Unit Frequency
-5239.00 -7342.88 187.98 -14290.14 1957 - 2026 USD Million Monthly

News Stream
Turkey Trade Deficit Widens in August
Turkey’s trade deficit widened to $5.24 billion in August 2026 from $4.28 billion in the same month a year earlier, according to preliminary data. Imports rose 10.5% year-on-year to $28.7 billion, mainly from China ($4.7 billion), Germany ($2.1 billion), and the US ($1.9 billion). By sector, imports were mainly from the manufacturing industry (82.4%), mining and quarrying (12%), and agriculture, forestry and fishing (2.9%). Meanwhile, exports increased 8.1% to $23.5 billion, with Germany as the top export destination ($1.8 billion), followed by the US ($1.7 billion) and the UK ($1.2 billion). By sector, exports were dominated by the manufacturing industry (93.5%), agriculture, forestry and fishing (3.2%), and mining and quarrying (2.3%). During January-August, the country’s cumulative trade deficit reached $65.8 billion, with exports rising 4% to $185 billion and imports increasing 5.3% to $250.8 billion.
2026-09-03
Turkey Trade Gap Widens
Turkey’s trade deficit widened to $7.34 billion in July 2026 from $6.46 billion in the same month a year ago, roughly in line with preliminary data. Imports grew 5.1% year-on-year to $33.0 billion, driven by an 11.8% rise in intermediate goods, while capital goods (-11.5%) and consumer goods (-1.3%) declined. The top import sources were China (15.3%), Russia (9.8%), Germany (7.6%), the US (5.7%) and Italy (4.7%). Meanwhile, exports grew at a milder 2.9% year-on-year to $25.62 billion, led by a 1.7% increase in manufacturing exports. Exports of agriculture, forestry and fishing (39.6%) and mining and quarrying (11.3%) also went up. The main export partners were Germany (8.0%), the US (6.6%), the UK (5.3%), Iraq (4.3%), and Italy (4.3%). In the first seven months of the year, the trade deficit widened to $60.55 billion from $55.92 billion last year.
2026-08-28
Turkey's Trade Deficit Widens in July
Turkey's trade deficit widened to $7.37 billion in July 2026 from $6.46 billion a year earlier, according to preliminary data, as import growth continued to outpace exports. Imports increased 5.2% year-on-year to $32.99 billion, while exports rose 2.9% to $25.62 billion. In the first seven months of 2026, the country's cumulative trade deficit reached $60.51 billion. During the period, imports climbed 4.7% to $222.11 billion, while exports increased 3.4% to $161.60 billion.
2026-08-03