Türkiye’s goods exports increased by 8.1 per cent in October compared with the same month last year, reaching $25.9 billion and marking the highest export figure ever recorded for the month of October. The country’s annualised goods exports also climbed to a historic high of $285.6 billion.

According to foreign trade data announced by the Ministry of Trade, Türkiye’s goods exports rose to $25.885 billion in October. The figure represented the highest export value recorded for October and the third-highest monthly export performance in Türkiye’s history.

During the same period, goods imports increased by 3.4 per cent to $32.584 billion. The foreign trade deficit declined by 11.4 per cent to $6.699 billion, while the export-to-import coverage ratio rose to 79.4 per cent.

Türkiye’s goods exports totalled $236.837 billion in the January-October period of 2026, increasing by 5.5 per cent compared with the same period last year.

Goods imports during the same period rose by 5.1 per cent to $314.503 billion. The foreign trade deficit stood at $77.666 billion, an increase of 3.9 per cent, while exports covered 75.3 per cent of imports.

In the 12-month period between November 2025 and October 2026, Türkiye’s goods exports increased by 5.8 per cent to $285.641 billion, reaching the highest level recorded on an annual basis.

During the same period, imports rose by 5.4 per cent to $380.755 billion, while the foreign trade deficit increased by 4.5 per cent to $95.113 billion. The export-to-import coverage ratio stood at 75 per cent.

Germany ranked first among Türkiye’s export destinations in October, with exports worth $2.1 billion.

The United States followed with $1.9 billion, while the United Kingdom ranked third with $1.4 billion in exports.

By product groups, intermediate goods accounted for the largest share of exports with $13 billion, followed by consumer goods with $8.4 billion and investment goods with $3.8 billion.

The manufacturing industry continued to lead Türkiye’s exports in October, accounting for $24.1 billion of total exports.

Agriculture, forestry and fisheries exports reached $800 million, while mining and quarrying exports stood at $700 million.

Excluding energy and gold data, the export-to-import coverage ratio reached 101.7 per cent in October. The top 10 export destinations accounted for 45.3 per cent of Türkiye’s total exports.

Trade Minister Ömer Bolat has also highlighted that Türkiye’s combined goods and services exports exceeded the country’s annual target, with total exports surpassing $410 billion.(ILKHA)