FX.co ★ Turkey’s Trade Deficit Narrows Sharply in May, Easing External Imbalance Concerns

Turkey’s trade deficit showed a marked improvement in May 2026, according to data from the Trade Ministry. The balance came in at -$5.60 billion, narrowing from a previous deficit of -$8.50 billion recorded in March 2026.

The latest figures, updated on 4 June 2026, suggest some easing of external pressures on the Turkish economy as the trade gap shrinks. While the country remains in deficit, the smaller shortfall may signal shifting dynamics in exports, imports, or both, and will likely be watched closely by investors and policymakers assessing Turkey’s external balance and currency outlook.