January 13, 2023
Foreign Trade Indices in Türkiye, November 2022
As compared with the corresponding month of the preceding year, the overall export unit value index increased by 6.0% in November. In the same month, compared to November 2021, the index for food, beverages and tobacco, crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) increased by 10.9%, 2.6%, 36.7% and 4.2%, respectively.
The overall export volume index decreased by 3.8%
The overall export volume index compared to the corresponding month of the preceding year decreased by 3.8% in November. Compared with November 2021, while the index for food, beverages and tobacco, and manufactured goods (except food, beverages and tobacco) decreased by 0.2% and 2.5%, respectively, the index for crude materials (except fuels) and fuels increased by 9.0% and 3.5%, respectively.
Export unit value and volume indices, November 2022
[2015=100]
The overall import unit value index increased by 9.8%
As compared with the corresponding month of the preceding year, the overall import unit value index increased by 9.8% in November. While the index for food, beverages and tobacco, and fuels increased by 1.6% and 40.0%, respectively, the index for crude materials (except fuels) and manufactured goods (except food, beverages and tobacco) decreased by 4.2% and 0.7%, respectively.
The overall import volume index increased by 3.8%
In November, the overall import volume index compared to the corresponding month of the preceding year increased by 3.8%. While the index for food, beverages and tobacco, and manufactured goods (except food, beverages and tobacco) increased by 13.0% and 3.8%, respectively, the index for crude materials (except fuels) and fuels decreased by 19.3% and 15.8%, respectively.
Import unit value and volume indices, November 2022
[2015=100]
Foreign trade indices, November 2022
[2015=100]
The calendar and seasonally adjusted export volume index decreased by 3.9%
The calendar and seasonally adjusted export volume index which was 151.6 in October 2022, decreased by 3.9%, to 145.7 in November 2022. The calendar adjusted export volume index which was 157.5 in November 2021, decreased by 3.8%, to 151.6 in November 2022.
The calendar and seasonally adjusted import volume index decreased by 2.1%
The calendar and seasonally adjusted import volume index which was 120.9 in October 2022, decreased by 2.1%, to 118.4 in November 2022. The calendar adjusted import volume index which was 115.1 in November 2021, increased by 3.8%, to 119.4 in November 2022.
Calendar and seasonally adjusted foreign trade volume indices, November 2022
[2015=100]
Terms of trade was 78.8 in November 2022
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 81.6 in November 2021, it decreased by 2.8 points to 78.8 in November 2022.
Terms of trade, November 2022
[2015=100]
The next release on this subject will be on February 9, 2023.
Source: Turkish Statistical Institute (TurkStat)
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