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Turkish Lira in Foreign Trade Nears 335 Billion Liras

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In the first quarter of the year, foreign trade in Turkish Lira increased by 30.1% compared to the same period last year, reaching 334 billion 820 million liras. According to the Ministry of Trade data, last month saw the second-highest export value in March with 23.4 billion dollars. There was also an increase in exports in Turkish Lira during this period. Monthly data showed a rise in this category for three months in a row. In January, exports in Turkish Lira reached 26 billion 324 million liras, up 20.5% from the same month the previous year. Imports also rose by 47.2% in the first month, reaching 70 billion 319 million liras. Therefore, in the first month of the year, the foreign trade volume reached 96 billion 643 million liras. The increase in foreign trade continued in the second month of the year as well. In that month, exports increased by 12.3% to 28 billion 276 million liras compared to February of the previous year, while imports rose by 19.2% to 84 billion 19 million liras. The foreign trade volume exceeded 112 billion 294 million liras. In March, Turkish Lira exports rose by 15.9% compared to the same month in 2024, reaching 30 billion 538 million liras, while imports also increased by 45.1% to 95 billion 346 million liras. Thus, in March, foreign trade in Turkish Lira surpassed 125 billion 883 million liras.

EXPORTS IN TURKISH LIRA TO 164 COUNTRIES
In the period of January-March this year, Turkish Lira exports increased by 16.1% compared to the same period last year, reaching 85 billion 137 million liras from 73 billion 354 million liras. Imports during this period also saw a 35.7% increase, reaching 249 billion 683 million liras from 183 billion 991 million liras. Consequently, in the first quarter of 2025, foreign trade in this category increased by 30.1% from 257 billion 345 million liras to 334 billion 820 million liras. Furthermore, in March, exports in Turkish Lira were conducted with 164 countries, using the Turkish Lira in foreign sales by 37,662 firms.

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