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04.11.202508:00:00UTC+00Turkey's Trade Deficit Widens in October 2025 to $7.40 Billion

The Turkish Trade Ministry reported a significant increase in the country's trade deficit for October 2025, which soared to $7.40 billion. This marks a notable rise from September's deficit, which was recorded at $4.17 billion.

The latest figures, updated on November 4, 2025, highlight growing concerns about Turkey's economic health, as the gap between imports and exports continues to broaden. The substantial widening of the trade deficit could put additional pressure on Turkey's currency and general economic stability.

Turkey's economic analysts are watching these developments closely as the nation navigates a challenging global economic environment. The increased deficit is attributed to a higher volume of imports surpassing the export growth rate, reflecting potential domestic demands and external economic dependencies.

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