Türkiye Trade Balance
External balance on goods and services NE.RSB.GNFS.CD
Türkiye's trade balance was $-3.3B in 2025, ranked 134th globally. This represents a 145.5% decrease from 2024. Data from World Bank, covering 1960–2025.
Overview
Türkiye's trade balance stood at $-3.3B in 2025, a decline of +$10.6B from 2024. Based on recent trends, this figure is projected to reach $-3.3B by 2025. Türkiye ranked 134th globally.
Turkey’s trade balance has remained in deficit for most of the 66‑year series, recording a 2025 shortfall of ‑3,321,991,578.84, which places the country at rank 134 globally and slightly worse than peers such as Tunisia (‑3,358,111,173.08) and Croatia (‑3,461,070,955.99). The earliest available balance in 1960 was a modest deficit of ‑122,222,222.22, but the trajectory turned sharply negative after the 2011 trough of ‑56,314,976,402.35, the deepest deficit in the record. A brief reversal occurred in 2019 when the balance swung into a surplus of 27,009,801,863.61, the all‑time peak, driven by a surge in exports of manufactured goods and energy products. Since then, persistent current‑account pressures, a depreciating lira and higher import demand have eroded the surplus, returning the balance to multi‑billion‑dollar deficits. Continued diversification of export markets and structural reforms in the manufacturing sector could moderate the deficit and potentially restore a positive trend in the coming years.
Data & projection
| Year | Trade Balance | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $3.1B | - | - |
| 2026* trend | $-127.8M | - | - |
| 2025* trend | $-3.3B | - | - |
| 2025 | $-3.3B | −$10.6B | #134 |
| 2024 | $7.3B | +$28.5B | #118 |
| 2023 | $-21.2B | +$12.3B | #10 |
| 2022 | $-33.5B | −$37.7B | #11 |
| 2021 | $4.2B | +$25.5B | #137 |
| 2020 | $-21.3B | −$48.4B | #7 |
| 2019 | $27.0B | +$22.0B | #165 |
| 2018 | $5.0B | +$31.4B | #146 |
| 2017 | $-26.4B | −$12.4B | #8 |
| 2016 | $-14.0B | −$2.6B | #12 |
| 2015 | $-11.4B | +$13.8B | #17 |
| 2014 | $-25.2B | +$15.8B | #7 |
| 2013 | $-41.0B | −$10.9B | #5 |
| 2012 | $-30.1B | +$26.2B | #6 |
| 2011 | $-56.3B | −$26.9B | #3 |
Detected Pattern
Analysis
Türkiye matched the Stagflation Risk pattern in 2020. Historically, 38% of countries showing this pattern (117 out of 307) saw trade balance improve within 24 months. View full analysis →
Frequently Asked Questions
Türkiye's trade balance was $-3.3B in 2025. Ranked 134th globally. This represents a 145.5% decrease from the previous year.
Türkiye's trade balance peaked at $27.0B in 2019.
The lowest trade balance in Türkiye was $-56.3B in 2011.
Türkiye ranks 134th globally in trade balance as of 2025.
The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.
Türkiye's trade balance is projected to reach $-3.3B by 2025 based on trend extrapolation.
The trade balance of Türkiye in 2025 was $-3.3B. This ranks 134th in the world.
Cite this page
@misc{historysaid_turkiye_trade-balance,
title = {Türkiye Trade Balance},
url = {https://historysaid.com/turkiye/trade-balance/},
publisher = {HistorySaid},
year = {2026}
}