FX.co ★ Turkey's Trade Deficit Widens in July

Turkey’s trade deficit widened to $7.37 billion in July 2026, up from $6.46 billion in the same month a year earlier, according to preliminary data, as import growth continued to outpace exports. Imports rose 5.2% year-on-year to $32.99 billion, while exports increased 2.9% to $25.62 billion.

Over the first seven months of 2026, the cumulative trade deficit reached $60.51 billion. During this period, imports grew 4.7% to $222.11 billion, whereas exports advanced 3.4% to $161.60 billion.