In July 2025, Türkiye achieved a historic milestone in foreign trade, with exports rising by 11% compared to the same month last year, reaching $24.9 billion, Anadolu Agency reported, citing the Ministry of Trade.
Imports grew by 5.4% to $31.3 billion. The country’s total foreign trade volume reached $56.33 billion — an increase of 7.8% year-on-year.
The foreign trade deficit narrowed by 12.1% in July, totaling $6.4 billion. The export-to-import coverage ratio rose by 4.1 percentage points to 79.5%. Excluding energy and gold, this ratio stood at 91.5%.
The bulk of exports came from intermediate goods, which totaled $12.8 billion — up 9.3% from the previous year. Consumer goods followed with $7.94 billion, and capital investment goods with $3.7 billion.
Germany remained Türkiye’s largest export market at $1.9 billion, followed by the UK, the US, and various EU member states. Together, these accounted for 48.5% of total exports.
On the import side, raw materials dominated with $20.4 billion, followed by capital goods ($5.38 billion) and consumer goods ($5.35 billion). China, Russia, and Germany were the top supplier countries.
From January to July 2025, Türkiye’s exports increased by 5.2% to $156.4 billion, while imports rose by 6.9% to $212.2 billion. The foreign trade deficit in this period expanded by 12.2%, reaching nearly $56 billion.
Trade Minister Ömer Bolat announced that July saw the highest monthly export figure in Türkiye’s history:
“Exports hit $25 billion, marking an 11% rise from last July. It’s a record not just for the month of July, but for any month in our trade history,” he said.
