Turkey’s trade deficit narrowed to $8.5 billion in April 2026 from $12.1 billion in the same month last year, confirming preliminary data. This was the smallest trade gap since January, driven by strong export growth that far outpaced the rise in imports. Exports surged 22.3% year-on-year to $25.4 billion, mainly driven by the manufacturing sector (22.0%), followed by agriculture, forestry and fishing (20.3%), and mining and quarrying (24.5%). Turkey’s main export partners were Germany (8.3%), the US (6.3%), the UK (5.7%), Italy (5.3%), and Spain (4.1%). Imports rose 3.1% to $33.9 billion due to higher imports of intermediate goods (5.6%) and capital goods (1.6%), which offset a 6.8% drop in consumer goods. The top sources of imports were China (13.2%), Russia (13.0%), Germany (7.0%), the US (5.5%), and Italy (4.0%). In the January-April period, the trade gap widened to $37.1 billion from $34.6 billion a year ago, with imports (4.3%) rising more than exports (3.0%). source: Turkish Statistical Institute

Turkey recorded a trade deficit of 8500.35 USD Million in April of 2026. Balance of Trade in Turkey averaged -2180.10 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 May of 2026.

Turkey recorded a trade deficit of 8500.35 USD Million in April 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 -8300.00 USD Million in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-04 08:00 AM
Balance of Trade Prel
Apr $-8.51B $-11.2B $-8.0B
2026-05-22 07:00 AM
Balance of Trade Final
Apr $-8.5B $-11.2B $-8.51B $-8.51B
2026-06-02 08:00 AM
Balance of Trade Prel
May $-8.5B $-7.7B


Related Last Previous Unit Reference
Balance of Trade -8500.35 -11222.49 USD Million Apr 2026
Exports 25408.28 21896.87 USD Million Apr 2026
Imports 33908.62 33119.36 USD Million Apr 2026
Tourism Revenues 9896.00 15152.00 USD Million Mar 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
-8500.35 -11222.49 187.98 -14290.14 1957 - 2026 USD Million Monthly

News Stream
Turkey Trade Gap Narrows in April
Turkey’s trade deficit narrowed to $8.5 billion in April 2026 from $12.1 billion in the same month last year, confirming preliminary data. This was the smallest trade gap since January, driven by strong export growth that far outpaced the rise in imports. Exports surged 22.3% year-on-year to $25.4 billion, mainly driven by the manufacturing sector (22.0%), followed by agriculture, forestry and fishing (20.3%), and mining and quarrying (24.5%). Turkey’s main export partners were Germany (8.3%), the US (6.3%), the UK (5.7%), Italy (5.3%), and Spain (4.1%). Imports rose 3.1% to $33.9 billion due to higher imports of intermediate goods (5.6%) and capital goods (1.6%), which offset a 6.8% drop in consumer goods. The top sources of imports were China (13.2%), Russia (13.0%), Germany (7.0%), the US (5.5%), and Italy (4.0%). In the January-April period, the trade gap widened to $37.1 billion from $34.6 billion a year ago, with imports (4.3%) rising more than exports (3.0%).
2026-05-22
Turkey Trade Deficit Narrows in April
Turkey’s trade deficit narrowed to USD 8.5 billion in April 2026 from USD 12.1 billion in the same month a year ago, according to preliminary data from the Trade Ministry. This marks the smallest trade gap since January, amid a double-digit growth in exports that significantly outpaced the increase in imports. Exports surged 22.3% year-on-year to USD 25.4 billion, driven by higher sales of raw materials (20.6%), consumer goods (15.1%), and capital goods (34.9%). Germany remained the top export destination, followed by the US, Italy, England, and Spain. Imports rose 3.1% to USD 33.9 billion, amid increased purchases of raw materials (5.6%) and capital goods (1.6%), which offset a decline in consumer goods imports (-6.7%). China remained the leading source of imports, followed by Russia, Germany, the US, and Italy. In the first four months of the year, the country's trade gap widened to USD 37.2 billion from USD 34.6 billion, as imports (4.3%) rose more than exports (3.0%).
2026-05-04
Turkey Trade Deficit Highest in 11 Months
Turkey’s trade deficit widened sharply to USD 11.2 billion in March 2026 from USD 7.2 billion in the same month last year. This marks the largest trade gap since April 2025, as imports advanced 8.2% year-on-year to USD 33.1 billion, driven by higher purchases of capital goods (+7.8%), intermediate goods (+11.2%), and other goods (+249.6%). China remained the top import source, accounting for 14.4%, followed by Russia (10.6%), Germany (7.7%), and Switzerland (4.9%). Meanwhile, exports declined 6.4% to USD 21.9 billion, as sales fell in agriculture, forestry, and fishing (-5.6%) and manufacturing (-6.8%). Germany remained the top export destination, holding an 8.3% share of total outbound shipments, followed by the UK (6.5%), US (6.3%), Italy (5.6%), and France (4.5%). In the first three months of the year, the trade deficit rose to USD 28.7 billion from USD 22.5 billion in the corresponding period last year, as exports fell 3.2% while imports increased 4.7%.
2026-04-30