FX.co ★ Turkey's Trade Balance Widens by $150 Million in May

Turkey's trade balance witnessed a slight widening in May 2025, according to the latest data updated on June 30, 2025. The trade deficit increased from -6.50 billion USD to -6.65 billion USD during the month, marking a $150 million increase in the gap.

The updated figures highlight the challenging landscape facing the Turkish economy as it navigates global supply chain disruptions and varying demand across its major trading partners. The increment in the trade deficit can be attributed to several factors, including fluctuations in import-export dynamics and currency exchange rates influencing trade transactions.

As the economic landscape continues to shift, this development could prompt policymakers to reassess strategies to bolster Turkey's trade position and explore avenues to stimulate export growth, while managing imports effectively. Such steps may be crucial in seeking to stabilize the country's trade balance in the coming months.