28.08.2025 22:21
The Minister of Trade, Ömer Bolat, stated, "In July 2025, our exports reached 24.9 billion dollars, breaking the record for the highest monthly exports in the history of the Republic. Our annualized exports have also risen to an all-time high of 269.4 billion dollars, approaching the 270 billion dollar mark."
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Trade Minister Ömer Bolat announced on his X account that exports broke the highest monthly export record in the history of the Republic in July 2025.
In his message, Minister Bolat shared the following statements; "In July 2025, our exports reached 24.9 billion dollars, breaking the highest monthly export record in the history of our Republic. Our annualized exports have also risen to the highest value ever at 269.4 billion dollars, approaching the 270 billion dollar threshold.
- In 6 out of the first 7 months of 2025, we have seen an increase in our monthly goods exports.
- As a result of the significant increase in exports and the slowdown in the growth rate of imports, the foreign trade deficit in July decreased to 6.4 billion dollars, the lowest level in the last nine months.
- The ratio of exports to imports has risen to 79.5%, the highest level in the last nine months.
- With the increasing goods and services exports, a surplus is expected in the current account in July.
- According to the July foreign trade data produced in cooperation with our Ministry of Trade and the Turkish Statistical Institute; our exports increased by 11% to 24.9 billion dollars.
- In the January-July period of 2025, our exports amounted to 156.3 billion dollars, an increase of 5.1% compared to the same period last year.
- As of July 2025, our annualized exports reached 269.4 billion dollars, an increase of 8.0 billion dollars compared to the same month of the previous year.
IMPORTS INCREASED BY 5.4%
- In July 2025, imports increased by 5.4% compared to the same month of the previous year, reaching 31.4 billion dollars.
- In the January-July period of 2025, our imports amounted to 212.2 billion dollars, an increase of 6.9% compared to the same period last year.
- In July 2025, our annualized imports reached 357.7 billion dollars, an increase of 14.0 billion dollars compared to the same month of the previous year.
- Our foreign trade deficit in July 2025 decreased by 11.8% to 6.4 billion dollars.
- In the January-July period of 2025, our foreign trade deficit increased by 12.2% compared to the same period last year, reaching 55.9 billion dollars.
- Our annualized foreign trade deficit increased by 6.0 billion dollars compared to the same month of the previous year, reaching 88.3 billion dollars.
"SUPPORTS ARE YIELDING POSITIVE RESULTS"
- Despite the challenging competitive conditions arising from the ongoing wars, internal turmoil, and tensions in our close geography, as well as the continued uncertainty brought by tariff increases, our exports continue to rise, supported by the stable trend of the annualized imports of the EU-27 and weak external demand.
- As the Ministry of Trade, the supports we provide to our exporters, along with the impact of our commercial diplomacy activities, are yielding positive results on production and employment.
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