FX.co ★ Turkey’s Trade Deficit Widens to $6.7B in October, Deepening From September Levels

Turkey’s trade deficit expanded in October 2026, with the Trade Ministry reporting a shortfall of $6.70 billion, compared with a deficit of $5.20 billion in September 2026. The latest figures indicate a further weakening in the country’s trade balance as the gap between imports and exports continues to widen.

The October data, updated on 3 November 2026, underscores mounting external pressures, with the larger deficit suggesting either stronger import demand, softer export performance, or a combination of both. The deterioration from September’s level highlights ongoing challenges for Turkey’s external accounts and may carry implications for currency dynamics, inflation, and broader economic policy in the months ahead.