Turkey Balance Of TradeTurkey Balance Of TradeTurkey Balance Of Trade

Turkey Balance Of Trade

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Key data points

Last release
Observation period
May 2024
Next release
Forecast
Highest
‪187.98 M‬USD on Oct 31, 2018
Lowest
‪−14.29 B‬USD on Jan 31, 2023

About Turkey Balance Of Trade

Category
Trade
Frequency
Monthly
Units
USD
The Turkish trade balance has been in deficit since 1947. Turkey major exports are road vehicles, textiles, iron and steel, clothing and food, while imports were machinery and transport equipment, manufactured goods, mineral fuels and lubricants and chemicals. The biggest trade deficits were recorded with China, Russia, Germany, South Korea, Switzerland, India, Iran and Japan; and the largest surpluses were recorded with Iraq, the UAE, the UK, Israel, Syria, Northern Cyprus and Azerbaijan.