Foreign trade conducted in Turkish lira (TRY) surged in the first seven months of 2025, reaching ₺830.7 billion — a 35.2% increase compared to the same period in 2024, according to data compiled from the Ministry of Trade.
This rise coincides with Turkey setting a new monthly export record in July, reaching approximately $25 billion. Overall exports in the January–July period grew by 5.2% year-on-year, totaling $156.4 billion.
The upward trend in Turkish lira-based trade was consistent throughout the year:
- January: TRY exports rose 20.4% YoY to ₺26.3 billion; imports increased 47.2% to ₺70.3 billion, bringing total trade to ₺96.6 billion.
- February: TRY exports reached ₺28.3 billion (+12.4% YoY), and imports ₺84 billion (+19.2%), totaling ₺112.3 billion.
- March: TRY exports grew 17.2% to ₺30.9 billion; imports jumped 45.7% to ₺95.8 billion, totaling ₺126.6 billion.
- April: TRY exports rose 9.1% to ₺24.3 billion; imports increased 53.5% to ₺97.2 billion, reaching ₺121.5 billion in total trade.
- May: Exports in TRY climbed 3.4% to ₺28.7 billion; imports rose 35.5% to ₺90 billion, totaling ₺118.8 billion.
- June: Despite Eid al-Adha, TRY exports rose 11.2% YoY to ₺23.7 billion; imports soared 61.6% to ₺98.5 billion, reaching ₺122.2 billion in trade volume.
- July: TRY exports rose 8.8% YoY to ₺28.4 billion; imports climbed 51.3% to ₺104.2 billion — bringing total trade in TRY for the month to ₺132.6 billion.
TRY-Based Trade Expands Across Global Markets
Between January and July, Turkish lira-based exports grew by 11.6%, rising from ₺170.8 billion in 2024 to ₺190.6 billion in 2025. Meanwhile, imports in TRY surged 44.3%, from ₺443.6 billion to ₺640.1 billion.
In July alone, exports in Turkish lira reached 165 countries, and 39,525 companies used the local currency for foreign trade transactions — highlighting its expanding global role.
Source: Patronlar Dünyası/ Prepared by: İlayda Gök