Türkiye’s Current Account Surplus Rises as Exports and Services Drive Growth

Trade Minister Ömer Bolat announced that in the first seven months of 2025, six months recorded an increase in goods exports compared to the same period last year, while services exports continued to grow strongly. This momentum, he said, has been instrumental in maintaining the positive trend in the current account balance.

In a statement on his X account regarding the balance of payments data released today, Bolat noted that Türkiye posted a $2 billion current account surplus in June 2025, compared to $829 million in June 2024. Consequently, the annualized current account deficit fell to $18.9 billion in June 2025, down from $20.2 billion a year earlier.

According to Bolat, as of June 2025, annualized services exports increased by 7.1% to reach $117.7 billion. Within this category, travel revenues totaled $58.1 billion, and transportation revenues reached $40.2 billion.

Overall, total goods and services exports rose 4.3% year-on-year on an annualized basis, hitting $384.7 billion by June 2025.

Bolat emphasized that the Trade Ministry’s initiatives—which focus on boosting goods and services exports while implementing measures to reduce imports—are ensuring the stability of Türkiye’s current account performance in 2025.