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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
TurkeyTurkey Imports fell to 28.1B in May 2026
FMPMonthlyReleased June 2026
Turkey Imports fell to 28.1B in May 2026, released June 2026, down 5.8B from April's 33.9B reading. The reading missed the 30.5B consensus by 2.4B. Imports has now declined for 3 consecutive months. Over the past 3 months, Imports averaged 31.02B, vs 31.62B in the prior 3-month window. The reading is in the 12th percentile of the trailing 24-month range.
Latest Release
28.1
Actual
30.5
Consensus
33.9
Previous
Median Absolute Error
±0.64 billion
across last 12 releases
Last Call
Jun 2026
Predicted: 29.28
Actual: 28.1
Error: +1.18
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
Imports (Turkey) was reported at 28.10 billion in June 2026. This missed the market consensus of 30.50 billion by 2.40 billion. The reading fell from the previous value of 33.90 billion. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 29.94 billion, ranging from 21.00 billion to 35.80 billion across 23 releases.
WHY IT MATTERS
The trailing three releases averaged 31.73 billion, up from the prior three at 26.67 billion. Volatility over the past year (σ 3.24 billion) is higher than the prior year (σ 2.23 billion). In June readings over the past 3 years, Imports has averaged 30.41 billion.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with USD/TRY (Bullish USD). Over the last 12 releases, the Sigmacast model's median absolute error is 0.64 billion.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Inflation Rate MoM (Jul 3) and Inflation Rate YoY (Jul 3).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Imports - TR
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About Imports — Turkey
DEFINITION
Imports refer to the goods and services that a country purchases from other countries. This financial indicator is used to measure the amount of foreign goods and services that are brought into a country, and is an important factor in determining a country's trade balance and overall economic health. High levels of imports can indicate a strong demand for foreign products, while low levels may suggest a weaker economy or a focus on domestic production. Tracking imports can provide valuable insights into a country's trade relationships and global economic trends.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 28.1 B, consensus 30.5 B. Prior reading (Apr 2026): 33.9 B. Before that (Apr 2026): 33.91 B.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.
Σ
EXPECTED ZONE
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Economic Calendar - TR Events
| Tuesday, June 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:00 | TR | Balance of Trade | -5.6 | -8.5 | -7.7 | -8.07 | Medium |
| 07:00 | TR | Exports | 22.5 | 25.4 | 22.8 | 22.32 | Low |