---
title: "Turkey Trade Deficit Widens in January"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/276997742.md"
description: "Turkey's trade deficit increased to USD 8.4 billion in January 2026, up from USD 7.5 billion a year earlier. Exports fell by 4.1% to USD 20.3 billion, with declines in manufacturing offset by gains in agriculture and mining. Imports rose slightly by 0.1% to USD 28.7 billion, driven by capital goods and other goods, despite drops in intermediate and consumption goods. China was the largest source of imports, while Germany remained the top export market."
datetime: "2026-02-26T07:21:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276997742.md)
  - [en](https://longbridge.com/en/news/276997742.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276997742.md)
---

# Turkey Trade Deficit Widens in January

Turkey’s trade deficit widened to USD 8.4 billion in January 2026 from USD 7.5 billion in the same month last year, confirming preliminary estimates from the Trade Ministry.

Exports dropped 4.1% year-on-year to USD 20.3 billion, weighed down by lower manufacturing shipments (-4.7%), partly offset by higher exports of agriculture, forestry and fishing (+2.4%), mining and quarrying (+13.1%), and other sectors (+8.7%).

Germany remained the top export market (8.8%), followed by the UK (6.3%), the US (6.0%), Italy (5.2%), and Iraq (4.4%).

Meanwhile, imports edged up 0.1% to USD 28.7 billion, as increased purchases of capital goods (+9.7%) and other goods (+195.2%) offset declines in intermediate goods (-1.0%) and consumption goods (-5.7%).

The main sources of imports were China (14.9%), followed by Russia (10.7%), Germany (6.5%), the US (6.3%), and Switzerland (4.4%).

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