March 22, 2023
Foreign Trade Indices in Türkiye, January 2023
The overall export unit value index increased by 5.0%
As compared with the corresponding month of the preceding year, the overall export unit value index increased by 5.0% in January. In the same month, compared to January 2022, while the index for crude materials (except fuels) decreased by 3.0%, the index for food, beverages and tobacco, fuels and manufactured goods (except food, beverages and tobacco) increased by 12.5%, 12.5% and 4.3%, respectively.
The overall export volume index increased by 5.0%
The overall export volume index compared to the corresponding month of the preceding year increased by 5.0% in January. Compared with January 2022, while the index for food, beverages and tobacco decreased by 2.2%, the index for crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) increased by 16.5%, 32.7% and 3.3%, respectively.
Export unit value and volume indices, January 2023
[2015=100]
The overall import unit value index increased by 0.1%
As compared with the corresponding month of the preceding year, the overall import unit value index increased by 0.1% in January. While the index for food, beverages and tobacco, and manufactured goods (except food, beverages and tobacco) increased by 1.0% and 1.0%, respectively, the index for crude materials (except fuels) and fuels decreased by 3.6% and 4.4%, respectively.
The overall import volume index increased by 20.5%
In January, the overall import volume index compared to the corresponding month of the preceding year increased by 20.5%. While the index for crude materials (except fuels) decreased by 22.4%, the index for food, beverages and tobacco, fuels and manufactured goods (except food, beverages and tobacco) increased by 19.0%, 4.2% and 11.7%, respectively.
Import unit value and volume indices, January 2023
[2015=100]
Foreign trade indices, January 2023
[2015=100]
The calendar and seasonally adjusted export volume index decreased by 4.5%
The calendar and seasonally adjusted export volume index which was 156.1 in December 2022, decreased by 4.5%, to 149.1 in January 2023. The calendar adjusted export volume index which was 130.6 in January 2022, increased by 0.9%, to 131.7 in January 2023.
The calendar and seasonally adjusted import volume index increased by 8.6%
The calendar and seasonally adjusted import volume index which was 123.1 in December 2022, increased by 8.6%, to 133.8 in January 2023. The calendar adjusted import volume index which was 111.3 in January 2022, increased by 16.7%, to 129.9 in January 2023.
Calendar and seasonally adjusted foreign trade volume indices, January 2023
[2015=100]
Terms of trade was 80.2 in January 2023
Terms of trade is calculated by dividing the export unit value index by the import unit value index, then multiplying the result by 100. While terms of trade was 76.4 in January 2022, it increased by 3.8 points to 80.2 in January 2023.
Terms of trade, January 2023
[2015=100]
The next release on this subject will be on April 12, 2023.
Source: Turkish Statistical Institute (TurkStat)
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