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Insights for Turkey
BETA
May 2026 period, National level, Product aggregation
AI
Summary: In summary, Turkey's trade values in May 2026 reflect a challenging landscape, with total imports decreasing by 5.85B USD (-18%) to 26.39B USD and exports down by 2.63B USD (-11%) to 20.63B USD. The month-on-month analysis shows significant declines in major regions like Istanbul and Ankara, while some regions like Zonguldak and Çorum experienced growth. Year-on-year, imports also faced a decline, particularly in Istanbul, while Gizli Veri and Bursa showed positive growth. Overall, the trade environment appears to be under pressure, likely influenced by recent geopolitical developments.
AI
MoM insights: In May 2026, Turkey's imports saw significant fluctuations across various regions. The highest month-on-month increase was observed in Zonguldak with a trade value of 111.68M USD, reflecting a value change of 29.55M USD (approximately 36%). Çorum followed with a trade value of 142.75M USD, increasing by 18.42M USD (about 15%). Çankırı also experienced a notable rise, reaching 25.72M USD with an increase of 8.15M USD (around 46%). Conversely, the lowest month-on-month changes were seen in Istanbul, which faced a substantial decline of 3.21B USD (approximately -19%), bringing its total to 13.5B USD. Ankara's imports decreased by 532.8M USD (-25%), totaling 1.57B USD, while Kocaeli's imports fell by 345.49M USD (-21%) to 1.28B USD. Overall, imports decreased by 5.85B USD (-18%) to a total of 26.39B USD. Exports, on the other hand, totaled 20.63B USD, down by 2.63B USD (-11%).
AI
YoY insights: Year-on-year analysis for May 2026 indicates a mixed performance in Turkey's trade values. The highest year-on-year increase in imports was recorded in Gizli Veri, with a trade value of 3.7B USD, reflecting a value change of 1.41B USD (approximately 61%). Bursa also showed growth, reaching 1.09B USD with an increase of 219.56M USD (about 25%). Mersin followed with a trade value of 281.29M USD, up by 55.8M USD (around 25%). On the downside, Istanbul's imports saw a significant decline of 3.27B USD (-19%), totaling 13.5B USD. Manisa's imports dropped by 225.09M USD (-50%), and Gaziantep's imports decreased by 221.07M USD (-28%). Overall, imports decreased by 2.93B USD (-10%) to 26.39B USD, while exports totaled 20.63B USD, down by 2.02B USD (-9%).
Other analyses for Turkey in May 2026
National level, Partner aggregation
