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flag Turkey's trade deficit hit $7.5 billion in January, up from $6.2 billion in 2021, due to higher imports.

flag Turkey's trade deficit widened to $7.5 billion in January 2025, up from $6.2 billion in January 2021, due to a 9.6% increase in imports to $28.7 billion, outpacing a 5.8% rise in exports to $21.2 billion. flag Germany is Turkey's top export destination, followed by the USA, UK, UAE, and Iraq. flag Excluding energy products and non-monetary gold, the trade deficit was $1.33 billion.

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