Financial News: Turkey Trade Gap Widens In April

Turkey Trade Gap Widens In April

05/29/2025 - 04:20:00 (RTTNews)

(RTTNews) - Turkey's foreign trade deficit rose in April as imports grew faster than exports, the Turkish Statistical Institute reported Thursday.

The trade deficit increased to $12.09 billion in April from $9.9 billion in the same month last year. The shortfall totaled $7.1 billion in March.

Excluding energy products and non-monetary gold, the foreign trade shortfall was $6.16 billion.

Exports registered an annual increase of 7.8 percent, and imports surged by 12.7 percent.

The main partner country for exports during April was Germany, followed by the UK, the USA, Italy, and France. Meanwhile, the top import source was China, followed by Russia and Germany.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Improves Slightly More Than Previously Estimated In June (27 min(s), 30 sec(s) ago)
(RTTNews) - A report released by the University of Michigan on Friday showed consumer sentiment in ...Full Story»

U.S. Consumer Prices Inch Up In Line With Expectations But Core Price Growth Exceeds Estimates (03 min(s), 30 sec(s) ago)
(RTTNews) - While the Commerce Department released a closely watched report on Friday showing cons ...Full Story»

Brazil Jobless Rate Falls To 6.2% (59 min(s), 30 sec(s) ago)
(RTTNews) - Brazil's unemployment rate decreased in the three months ending in May, figures fr ...Full Story»

Turkish Economic Confidence Steady At 96.7 (40 min(s), 30 sec(s) ago)
(RTTNews) - Turkey's economic sentiment remained stable in June after rising marginally in the ...Full Story»

Iceland Inflation Rises To 4.2% (07 min(s), 30 sec(s) ago)
(RTTNews) - Consumer price inflation in Iceland accelerated in June after easing in the previous m ...Full Story»

Eurozone Economic Sentiment Falls Unexpectedly (57 min(s), 30 sec(s) ago)
(RTTNews) - Eurozone economic sentiment weakened unexpectedly in June primarily driven by reduced ...Full Story»

Belgium Inflation Rises To 2.15% (41 min(s), 30 sec(s) ago)
(RTTNews) - Belgium's consumer price inflation rose for the first time in five months in June ...Full Story»

U.S. Consumer Prices Inch Up 0.1% In May, In Line With Estimates (36 min(s), 30 sec(s) ago)
(RTTNews) - The Commerce Department released a closely watched report on Friday showing consumer p ...Full Story»