Türkiye's foreign trade deficit widened 13.6% year-over-year despite the highest-ever July exports, with the seven-month gap climbing 8.3%, official data showed Friday.
Exports rose 2.9% year-over-year to $25.62 billion, Türkiye's second-highest monthly export value on record, while imports increased 5.1% to $32.97 billion.
That led to a trade deficit of $7.34 billion in July, pushing the shortfall in the seven-month period to $60.55 billion, data by the Turkish Statistical Institute (TurkStat) and the Trade Ministry showed.
The export-to-import coverage ratio declined to 77.7% from 79.4% in July 2025.
Despite regional conflicts and adverse global conditions, exports in the January-July period grew 3.4% year-over-year to $161.5 billion, Trade Minister Ömer Bolat said.
