Insights for Turkey

MoM insights: In May 2026, Turkey's trade values showed significant fluctuations. For imports, the top three countries with the highest month-on-month increases were Nigeria (88.33M, 3.64%), Canada (190.26M, 79.30%), and Colombia (94.25M, 1.06%). Conversely, the largest decreases were seen with China (-1.14B, -26.37%), the United States (-586.07M, -34.18%), and Russia (-574.48M, -12.97%). In exports, the highest increases were from Ukraine (658.11M, 99.06%), Norway (173.91M, 113.80%), and Switzerland (181.32M, 81.33%). The largest decreases were from Germany (-339.05M, -17.59%), Italy (-181.47M, -14.21%), and Belgium (-175.96M, -37.65%). Overall, total exports decreased by 2.63B (-11.30%) while imports decreased by 5.85B (-18.14%).

YoY insights: Year-on-year comparisons for May 2026 revealed notable trends. For imports, the top increases were from the Rest of the World (2.67B, 102.36%), Russia (3.85B, 20.23%), and Canada (190.26M, 220.59%). The largest decreases were from China (-841.07M, -20.89%), Switzerland (-792.75M, -52.51%), and Germany (-623.74M, -25.40%). In exports, the highest increases were from Ukraine (658.11M, 108.20%), Slovakia (251.01M, 93.68%), and Norway (173.91M, 72.63%). The largest decreases were from Iraq (-325.58M, -32.86%), Germany (-320.72M, -16.80%), and Romania (-230.14M, -29.21%). Overall, total exports decreased by 2.02B (-8.94%) while imports decreased by 2.93B (-9.99%).