Türkiye’s trade deficit narrows 15.6 percent in May
Türkiye’s foreign trade deficit narrowed 15.6 percent year-on-year in May, as imports fell more sharply than exports, official data showed on June 30.
The country’s exports totaled $22.46 billion in May, down 9.5 percent from the same month last year, while imports dropped 10.8 percent to $28.07 billion, according to provisional figures from the Turkish Statistical Institute (TÜİK) and the Trade Ministry.
The foreign trade gap fell to $5.61 billion in May from a year earlier.
The export-import coverage ratio rose to 80 percent in May, compared with 78.9 percent in the same month of 2025.
