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Türkiye's Trade Deficit Surges 14.8% in February 2025

3/27/2025

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Summary

Story summary

Türkiye's trade deficit increased by 14.8% to $7.77 billion in February 2025.
Exports decreased by 1.6% to $20.76 billion, while imports rose by 2.4% to $28.53 billion.
Germany was the largest export destination, and Russia was the leading source of imports.
The export-to-import coverage ratio declined from 75.7% to 72.8%.

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Story summary

Türkiye's trade deficit increased by 14.8% to $7.77 billion in February 2025.
Exports decreased by 1.6% to $20.76 billion, while imports rose by 2.4% to $28.53 billion.
Germany was the largest export destination, and Russia was the leading source of imports.
The export-to-import coverage ratio declined from 75.7% to 72.8%.