![\"\"\/](\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2025\/11\/JN9LXf.png\")
<\/p>\nT\u00fcrkiye foreign trade deficit rose by nearly 12% in 2025, as imports rose faster than exports, official data showed on Friday.<\/p>\n
The trade shortfall totaled $92 billion, an 11.9% year-over-year increase, the Turkish Statistical Institute (TurkStat) said. <\/p>\n
In December alone, the gap was up 5.6% from the previous year to $9.3 billion.<\/p>\n
T\u00fcrkiye’s exports rose by 12.7% year-over-year in December, while the full-year figure surged by 4.4% to $273.36 billion, the data showed.<\/p>\n
Imports jumped 10.7% last month to $35.67 billion, while they increased by 6.2% in the whole of 2025 to $365.37 billion.<\/p>\n
Treasury and Finance Minister Mehmet \u015eim\u015fek said the performance achieved in tourism and exports continued to support gains towards the country’s sustainable current account balance target.<\/p>\n
\u015eim\u015fek attributed the increase in imports partly to rising gold prices.<\/p>\n
“Despite this, the foreign trade deficit remained below the level projected in the Medium-Term Program (MTP),” he wrote on the Turkish social media platform NSosyal.<\/p>\n
“To sustain the structural improvement recorded in the current account balance, we will continue to support high value-added production through active industrial policies and prioritize investments that increase domestic and renewable energy capacity,” he added.<\/p>\n
The ratios of the manufacturing industries products sector, agriculture, forestry and fishing sector, and the mining and quarrying sector in total exports were 94.3%, 3.5%, and 1.6%, respectively.<\/p>\n
High-tech’s share in the manufacturing side was at 3.8%, and medium-high tech’s share was at 39.6%.<\/p>\n
The top destination country for Turkish exports last year was Germany with $22.16 billion, followed by the U.K. with $16.77 billion and the U.S. with $16.33 billion.<\/p>\n
China was the top source of imports with $49.57 billion, followed by Russia with $42.37 billion and Germany with $30.11 billion.<\/p>\n
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