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![\"T\u00fcrkiye\u2019s](\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/08\/6a9145f9de691a4aa8c67a83.jpg\")
<\/p>\n ISTANBUL \u00a0
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T\u00fcrkiye<\/a>\u2019s exports<\/a> increased 2.9 percent year-on-year to $25.62 billion in July, according to official data<\/a> released on Aug. 28.<\/p>\n Imports rose at a faster pace of 5.1 percent to $32.97 billion, provisional data from the Turkish Statistical Institute (T\u00dc\u0130K and the Trade Ministry showed.<\/p>\n The country\u2019s foreign trade deficit consequently widened 13.6 percent from a year earlier to $7.34 billion.<\/p>\n The export-to-import coverage ratio declined to 77.7 percent from 79.4 percent in July 2025.<\/p>\n Excluding energy products and non-monetary gold, exports grew 3.1 percent to $23.79 billion, while imports advanced 3.6 percent to $26.19 billion.<\/p>\n The resulting foreign trade deficit excluding those categories stood at $2.41 billion, with the export coverage ratio at 90.8 percent.<\/p>\n On a seasonally and calendar-adjusted basis, exports increased 2.6 percent from June, while imports fell 7.2 percent.<\/p>\n Manufacturing products accounted for 94.4 percent of T\u00fcrkiye\u2019s total exports in July, followed by agriculture, forestry and fishing at 3 percent and mining and quarrying at 1.8 percent.<\/p>\n High-technology products made up 4.4 percent of manufacturing exports, up from 4.2 percent a year earlier. Their value rose 4.7 percent to nearly $1.06 billion.<\/p>\n Intermediate goods represented 69.4 percent of total imports, followed by consumer goods at 16 percent and capital goods at 14.5 percent.<\/p>\n Germany remained T\u00fcrkiye\u2019s largest export market in July, receiving goods worth $2.04 billion. It was followed by the U.S. at $1.68 billion, the U.K. at $1.35 billion, Iraq at $1.11 billion and Italy at $1.11 billion.<\/p>\n China was the largest source of imports, with shipments valued at $5.04 billion, followed by Russia at $3.23 billion, Germany at $2.52 billion, the U.S. at $1.89 billion and Italy at $1.55 billion.<\/p>\n In January-July, T\u00fcrkiye\u2019s exports rose 3.4 percent year-on-year to $161.54 billion, while imports increased 4.7 percent to $222.09 billion.<\/p>\n The seven-month trade deficit grew 8.3 percent to $60.55 billion, while the export-to-import coverage ratio slipped to 72.7 percent from 73.6 percent.<\/p>\n {HH] Energy import bill rises 13 percent<\/p>\n According to official data, T\u00fcrkiye\u2019s energy import bill increased by 13.1 percent year-on-year in July, reaching $5.83 billion.<\/p>\n The figure, which covers imports of mineral fuels, mineral oils and products of their distillation, bituminous substances and mineral waxes, stood at $5.15 billion in July last year.<\/p>\n Crude oil imports rose by 0.3 percent year-on-year to 2.93 million metric tons in July.
In the January-July period, T\u00fcrkiye\u2019s energy imports totaled $40.1 billion, up 7.2 percent compared with the same period of the previous year.<\/p>\n","protected":false},"excerpt":{"rendered":"ISTANBUL \u00a0 \u00a0 T\u00fcrkiye\u2019s exports increased 2.9 percent year-on-year to $25.62 billion in July, according to official data…\n","protected":false},"author":2,"featured_media":661558,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[174],"tags":[79,2594,179,18,10170,19,17,11065],"class_list":["post-661557","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-data","tag-economy","tag-eire","tag-exports","tag-ie","tag-ireland","tag-trkiye"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/117175206780979444","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/661557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=661557"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/661557\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/661558"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=661557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=661557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=661557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}