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Stock MarketJuly 30, 2026 at 03:05 AM

Turkish exports rise 7.3% in 2024 to reach $256.3 billion

724FinanceAylin Güneş

Turkish exports rise 7.3% in 2024 to reach $256.3 billion

Summary: According to Turkish Statistical Institute (TÜİK) data, Turkey's 2024 exports increased by 7.3% to reach $256.3 billion.

Details: The export growth was driven by strong demand in the automotive, machinery and textile sectors, with the European Union and the United States remaining the main destinations for exports.

Impact and Comments: This growth improves the external trade balance and contributes to reducing the current account deficit. Analysts view the expansion driven by foreign demand as sustainable.