Foreign trade gap widens 16 percent to $9 billion in February

Foreign trade gap widens 16 percent to $9 billion in February

ISTANBUL

Türkiye's foreign trade deficit was at $9 billion in February, enlarging by 15.9 percent on a yearly basis, the Turkish Statistical Institute (TÜİK) said on March 31.

The country's exports totaled $21 billion, up 1.5 percent, and imports amounted to $30.08 billion, up 5.5 percent, year-on-year in February, TÜİK announced.

In February, the ratios of manufacturing industries products, agriculture, forestry and fishing, mining and quarrying in total exports were 93.8 percent, 4 percent, 1.5 percent, respectively.

In February 2026, the main partner country for exports was Germany with $1.85 billion, while the top source of imports was China with $4.12 billion.

In the January-February period, exports were $41.36 billion, with a 1.3 percent decrease, and imports were $58.77 billion with a 2.8 percent increase, compared with the same period last year.

The foreign trade gap in the first two months was at $17.4 billion, expanding by 13.8 percent from the same period 2025.