Türkiye’s exports elevated 2.7% year-over-year to achieve an all-time month-to-month document of $24.8 billion in May, Trade Minister Ömer Bolat introduced on Monday.
“Our exports are increasing despite weak demand and tough competition,” Bolat stated at a press convention in Istanbul.
On a month-to-month foundation, the exports jumped 19.4% from April’s $20.8 billion.
Imports additionally rose by 2.1% on an annual foundation to $31.3 billion in May.
The international commerce stability posted a deficit of $6.5 billion, barely up 0.1% from May 2024, however down by 46% from the earlier month.
In the primary 5 months of 2025, exports reached $110.9 billion, up by 3.5% from the identical interval of final yr, whereas imports amounted to $152 billion, up 5.7%.
In the final 12 months, exports hit an all-time excessive of $265.5 billion, additionally up by 1.9% from the earlier interval, whereas imports reached $352.2 billion, up 1.4%.
In May, most Turkish exports went to Germany, with a share of 8.3%, adopted by the U.Ok. with 6.2%, the U.S. with 6% and Italy with a 5% share.
Source: www.dailysabah.com