September Export Figures and Foreign Trade Data Announced

Serdar HocamAuthor & Editor

According to data from the Ministry of Trade and TIM, merchandise exports in September increased by 15.4 percent annually to reach $26 billion.

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Turkey's exports in September showed an increase of 15.4 percent, reaching $26 billion, while the total for the January-September period was recorded at $211 billion.

Record Level in September Exports

Turkey's exports in September rose to the level of $26 billion after recording a 15.4 percent increase, breaking the record for the highest September merchandise exports last month.

The announced September merchandise export figure of $26 billion was recorded as the second-highest monthly figure in the history of the Republic.

January-September Period and Annualized Data

Exports for the January-September period reached $211 billion with an increase of 5.2 percent.

With 3 months remaining until the end of the year, the 2026 Medium-Term Program target was exceeded, and the annualized total merchandise export figure in September rose to $283.7 billion.

Service Exports and Import Status

As of September, the annualized services exports for the last 12 months reached $125.4 billion.

While the total of merchandise and services exports rose to $409.1 billion in the past year, imports increased by 5.9 percent in September to reach $31.2 billion.

Distribution by Sectors and Countries

In September, 56 provinces increased their exports, while the top three countries to which the most exports were made were Germany, the USA, and the United Kingdom.

Among the top five sectors, the automotive sector realized $3.9 billion, chemicals $3.1 billion, electrical-electronics $2.1 billion, jewelry $1 billion 512 million, and the steel sector $1 billion 486 million in exports.

TIM's Evaluation of the New Regulation

Turkish Exporters Assembly President Mustafa Gültepe reminded that the implementation procedures for foreign exchange conversion support entered into force on October 1st.

Gültepe argued that the new regulation fell short of meeting expectations and made the system more complex.