Business · Trade · 1 hr ago

Türkiye’s trade deficit falls 25.8% to $5.16 billion in September

Türkiye’s trade deficit falls 25.8% to $5.16 billion in September

Türkiye’s trade deficit fell 25.8% to $5.16 billion in September compared with the same month a year earlier.

The figures from the Turkish Statistical Institute show that exports rose 15.3% to nearly $26 billion, while imports grew 5.6% to $31.1 billion.

A trade deficit means a country spends more on imports than it earns from exports.

Excluding energy products and non-monetary gold, the deficit was $541 million.

From January through September, exports reached nearly $211 billion and imports totaled $281.9 billion, with both higher than a year earlier.

The smaller September gap reflects faster export growth, but imports still exceeded exports.

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