Istanbul Chamber of Commerce President Şekib Avdagiç warned that consumer goods imports have exceeded capital goods imports for the first time and that balance must be restored.
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Istanbul Chamber of Commerce President Şekib Avdagiç stated that in 2024 and 2025, consumer goods imports have surpassed capital goods imports for the first time. Avdagiç emphasized that it is imperative to bring this balance into a healthy state. The president called for urgent measures to be taken to preserve trade equilibrium.
Istanbul Chamber of Commerce President Avdagiç warned that in 2024-2025, consumer goods imports exceeded investment goods imports for the first time, emphasizing the need to restore this balance. The development is assessed as a sign of a structural break in Turkey's import structure.
The increase in consumption-focused imports will create greater pressure on the current account deficit and raise the risk of currency depreciation, which could affect your pricing and savings. Weakening production capacity threatens job and employment security due to limiting enterprises' growth capability in the long term.