Turkiye: Foreign Trade in Local Currency Exceeds 900 Billion Lira
Turkey's foreign trade conducted in local currency exceeded 916 billion Turkish lira during the first seven months of 2026, representing a 10.4% increase year-on-year. Exports in Turkish lira rose 14.9% while imports increased 9.1%.
Turkey has achieved notable growth in foreign trade conducted in its local currency during the first half of 2026. According to data from the Turkish Ministry of Trade, foreign trade transactions denominated in Turkish lira totaled 916.966 billion lira during the January-to-July period, marking a 10.4% increase compared with the equivalent period in the prior year.
Export performance showed particular strength when measured in local currency terms. Turkish exports denominated in lira increased 14.9%, rising from 190.349 billion lira to 218.738 billion lira. Imports denominated in Turkish lira also expanded, climbing 9.1% from 640.179 billion lira to 698.228 billion lira. Over the same period, Turkey's total exports rose 3.4% year-on-year to $161.601 billion when measured in US dollar terms.
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