Turkey foreign trade deficit rises to $7.343 billion in July

foreign trade deficit export growth manufacturing industry import statistics economic indicators

Turkey's foreign trade data for July 2026 shows a 2.9% increase in exports, reaching $25.623 billion, while imports rose 5.1% to $32.966 billion. This growth in imports led to a 13.6% year-on-year increase in the monthly foreign trade deficit, which reached $7.343 billion. For the first seven months of the year, total exports reached $161.539 billion, while imports totaled $222.85 billion, resulting in a cumulative trade deficit of $60.545 billion, an 8.3% increase compared to the previous year.

Manufacturing remains the dominant sector, accounting for 94.4% of total exports in July. Germany was the primary export destination with $2.042 billion in sales, followed by the United States and the United Kingdom. China was the leading import source, totaling $5.04 billion.

In terms of sectoral support, Türk Eximbank provided $32 billion in export support during the first half of the year, consisting of $15.8 billion in credit and $16.2 billion in insurance and guarantee support. Additionally, the fresh fruit export sector saw a significant milestone, with seven-month exports exceeding $1 billion, a 59% increase from the previous year.

Entities

Aleppo · Ali Güney · China · DEİK · Damascus · Germany · Mahsum Altunkaya · Ministry of Trade · Mustafa Gültepe · Syria · Turkey-Syria Business Council · Turkish Eximbank

Claims

What the coverage asserts, and how many sources carry each claim.

[● 7 SOURCES] Manufacturing industry accounted for 94.4% of total exports in July. www.konyayenigun.com · cukurovagazetesi.com · mersingazetesi.com · www.gazeteabc.com · haber.doviz.com
[● 4 SOURCES] Exports to Syria increased by 60% last year. www.yenicizgihaber.com
[● 17 SOURCES] July exports rose 2.9% to $25.623 billion, while imports rose 5.1% to $32.966 billion. www.konyayenigun.com · www.tv5.com.tr · haber.doviz.com · besniyenibakis.com · cukurovagazetesi.com · +6 more
[● 10 SOURCES] The foreign trade deficit for the January-July period reached $60.545 billion, an 8.3% increase. www.tv5.com.tr · haber.doviz.com · cukurovagazetesi.com · www.gazeteabc.com · www.avrupagazete.co.uk · +1 more
[● 2 SOURCES] Ziraat Bank is in the process of opening a branch in Syria.
[● 11 SOURCES] Turkey's foreign trade deficit in July increased by 13.6% year-on-year to $7.343 billion. www.tv5.com.tr · haber.doviz.com · cukurovagazetesi.com · mersingazetesi.com · www.gazeteabc.com · +2 more
[● 6 SOURCES] The target for trade volume between Turkey and Syria is $10 billion. www.yenicizgihaber.com
[● 3 SOURCES] Türk Eximbank provided $32 billion in export support in the first half of the year, including $15.8 billion in credit and $16.2 billion in insurance and guarantee support. www.borsagundem.com.tr · www.gazetebirlik.com · www.haberport.com
[● 6 SOURCES] Germany was Turkey's top export destination in July, with $2.042 billion in exports. cukurovagazetesi.com · www.konyayenigun.com · mersingazetesi.com · www.gazeteabc.com · www.avrupagazete.co.uk
[● 4 SOURCES] China was the top import destination in July, with $5.04 billion. cukurovagazetesi.com · mersingazetesi.com · www.gazeteabc.com
[● 2 SOURCES] Trade Minister Ömer Bolat stated that the annual export target of 282 billion dollars under the Medium Term Program (OVP) would be exceeded. www.ekoturk.com · besniyenibakis.com