According to the provisional foreign trade data announced in cooperation with the Turkish Statistical Institute (TÜİK) and the Ministry of Trade, foreign trade deficit increased by 14.8% in February 2025 compared to the same month of the previous year, increasing from USD 6 billion 767 million to USD 7 billion 771 million.
In February 2025, exports decreased by 1.6% compared to the same month of the previous year to USD 20 billion 761 million, while imports increased by 2.4% to USD 28 billion 533 million. The increase in imports was effective in the increase in foreign trade deficit in this period.
According to the general trade system, in the January-February period of 2025, exports increased by 2% compared to the same period of the previous year and reached USD 41 billion 921 million, while imports increased by 5.9% to USD 57 billion 235 million.
Exports excluding energy products and non-monetary gold decreased by 2.3% in February compared to the same month of the previous year, from USD 19 billion 577 million to USD 19 billion 127 million. In the same period, imports excluding energy products and non-monetary gold decreased by 3.1% from USD 20 billion 996 million to USD 20 billion 337 million.
Foreign trade deficit excluding energy products and non-monetary gold was recorded as USD 1 billion 209 million in February. Foreign trade volume decreased by 2.7% to USD 39 billion 464 million. In February, the ratio of exports to imports excluding energy and gold was realized as 94.1%.
In February, the ratio of exports to imports decreased from 75.7% in February 2024 to 72.8% in February 2025. In the January-February period, foreign trade deficit increased by 18.2% compared to the same period of the previous year and increased from USD 12 billion 952 million to USD 15 billion 314 million. In the same period, the ratio of exports to imports decreased from 76.0% to 73.2%.
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