Foreign Trade Indices, November 2019 in Turkey
The overall export unit value index decreased by 2%
As compared with the corresponding month of the preceding year, the overall export unit value index decreased by 2% in November. In the same month, compared to November 2018, while the index for food, beverages and tobacco increased by 2.9%, the index for crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) decreased by 3.5%, 8.5% and 2.5%, respectively.
The overall export volume index increased by 2%
The overall export volume index compared to the corresponding month of the preceding year increased by 2% in November. Compared with November 2018, while the index for fuels increased by 106.7%, the index for food, beverages and tobacco, crude materials (except fuels) decreased by 0.8% and 9.3%, respectively and manufactured goods (except food, beverages and tobacco) remained the same.
Export unit value and volume indices, November 2019
[2010=100]
The overall import unit value index decreased by 6.5%
As compared with the corresponding month of the preceding year, the overall import unit value index decreased by 6.5% in November. The index for food, beverages and tobacco, crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) decreased by 7.5%, 16.9%, 13.6% and 5.1%, respectively.
The overall import volume index increased by 17.4%
In November, the overall import volume index compared to the corresponding month of the preceding year increased by 17.4%. The index for food, beverages and tobacco, crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) increased by 25.5%, 24.2%, 13.7% and 9.8%, respectively.
Import unit value and volume indices, November 2019
[2010=100]
Foreign trade indices, November 2019
[2010=100]
The calendar and seasonally adjusted export volume index increased by 1.2%
The calendar and seasonally adjusted export volume index which was 165.6 in October 2019, increased by 1.2%, to 167.6 in November 2019. The calendar adjusted export volume index which was 171.2 in November 2018, increased by 2%, to 174.7 in November 2019.
The calendar and seasonally adjusted import volume index increased by 2.8%
The calendar and seasonally adjusted import volume index which was 127.7 in October 2019, increased by 2.8%, to 131.2 in November 2019. The calendar adjusted import volume index which was 109.8 in November 2018, increased by 20.4%, to 132.2 in November 2019.
Calendar and seasonally adjusted foreign trade volume indices, November 2019
[2010=100]
Terms of trade was 104.6 in November 2019
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 99.7 in November 2018, it increased by 4.9 points to 104.6 in November 2019.
Terms of trade, November 2019
[2010=100]
The next release on this subject will be on February 12, 2020.
Source: TurkStat
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