Headline: Türkiye’s Foreign Trade Deficit Increased by 26.2% in June
Türkiye’s exports increased by 21.7% to $24.9 billion in June, while imports rose by 23% to $35.3 billion, pushing the foreign trade deficit to $10.4 billion.
According to the Turkish Statistical Institute’s (TÜİK) June 2026 Foreign Trade Statistics, exports increased by 21.7 percent compared with the same month of the previous year, reaching $24 billion 915 million, while imports rose by 23 percent to $35 billion 285 million. The foreign trade deficit increased by 26.2 percent to $10 billion 370 million, while the ratio of exports to imports declined to 70.6 percent.
According to the June 2026 Foreign Trade Statistics prepared in cooperation between the Turkish Statistical Institute (TÜİK) and the Ministry of Trade, exports increased by 21.7 percent in June compared with the same month of the previous year, reaching $24 billion 915 million, while imports rose by 23 percent to $35 billion 285 million.
According to the general trade system, exports increased by 21.7 percent in June 2026 compared with the same month of the previous year, reaching $24 billion 915 million, while imports rose by 23 percent to $35 billion 285 million.
In the January-June period, exports increased by 3.5 percent compared with the same period of the previous year, reaching $135 billion 980 million, while imports rose by 4.6 percent to $189 billion 120 million.
Foreign trade deficit increased by 26.2 percent
In June, the foreign trade deficit increased by 26.2 percent compared with the same month of the previous year, rising from $8 billion 218 million to $10 billion 370 million. The ratio of exports to imports also declined from 71.4 percent to 70.6 percent.
In the first six months of the year, the foreign trade deficit increased by 7.4 percent to $53 billion 140 million. During the same period, the ratio of exports to imports fell from 72.6 percent to 71.9 percent.
Excluding energy products and non-monetary gold, exports increased by 23.2 percent in June to $23 billion 302 million, while imports rose by 24.3 percent to $28 billion 16 million. Under this scope, the foreign trade deficit was calculated at $4 billion 713 million, while the ratio of exports to imports stood at 83.2 percent.
Manufacturing industry led exports
In June, manufacturing industry products accounted for 93.7 percent of total exports by economic activity. Agriculture, forestry and fishing accounted for 3.5 percent, while mining and quarrying accounted for 2 percent.
In imports, intermediate goods accounted for 71.4 percent, capital goods for 14.2 percent, and consumer goods for 14.2 percent.
Germany ranked first in exports, China in imports
In June, Germany ranked first in exports with $1 billion 971 million. Germany was followed by the United States with $1 billion 539 million, Italy with $1 billion 352 million, the United Kingdom with $1 billion 258 million, and Spain with $1 billion 117 million. The combined share of the top five countries in total exports was 29 percent.
China ranked first in imports with $5 billion 276 million. China was followed by the Russian Federation with $3 billion 673 million, Germany with $2 billion 463 million, the United States with $1 billion 872 million, and Italy with $1 billion 384 million. The combined share of the top five countries in total imports was 41.6 percent.
Seasonally adjusted exports declined
According to seasonally and calendar-adjusted data, exports decreased by 1.8 percent in June compared with the previous month, while imports increased by 7.1 percent. According to the calendar-adjusted series, exports increased by 7.9 percent in June compared with the same month of the previous year, while imports rose by 8.7 percent.
In June, manufacturing industry products accounted for 93.7 percent of total exports, while high-technology products accounted for 4.4 percent of manufacturing industry exports. In imports, manufacturing industry products accounted for 81.3 percent of total imports, while high-technology products accounted for 12.1 percent of manufacturing industry imports.
Deficit under the special trade system approached $10.5 billion
According to the special trade system, exports increased by 23.8 percent in June to $22 billion 720 million, while imports rose by 27.1 percent to $33 billion 193 million. Under this system, the foreign trade deficit increased by 34.9 percent to $10 billion 473 million, while the ratio of exports to imports declined from 70.3 percent to 68.4 percent.
In the January-June period, exports under the special trade system increased by 4.4 percent to $124 billion 604 million, while imports rose by 5.9 percent to $178 billion 777 million. During the same period, the foreign trade deficit increased by 9.5 percent to $54 billion 173 million.
