Home Statistics Foreign Trade Indices of Turkey, February 2017

Foreign Trade Indices of Turkey, February 2017

1337
0

The overall export unit value index decreased by 0.3%
As compared with the corresponding month of the preceding year, the overall export unit value index decreased by 0.3% in February. In the same month, compared to February 2016, while the index for “food, beverages and tobacco” and “manufactured goods (except food, beverages and tobacco)” decreased by 8% and 1.5%, respectively, the index for “crude materials (except fuels)” and “fuels” increased by 8.7% and 58.5%, respectively.

The overall import unit value index increased by 7.3%
As compared with the corresponding month of the preceding year, the overall import unit value index increased by 7.3% in February. While the index for “food, beverages and tobacco” decreased by 2.8%, the index for “crude materials (except fuels)”, “fuels” and “manufactured goods (except food, beverages and tobacco)” increased by 14.3%, 31.4% and 1.4%, respectively.

Foreign trade indices, February 2017
[2010=100]
The overall export volume index decreased by 1.6%
The overall export volume index compared to the corresponding month of the preceding year decreased by 1.6% in February. Compared with February 2016, the index for “food, beverages and tobacco”, “crude materials (except fuels)”, “fuels” and “manufactured goods (except food, beverages and tobacco)” increased by 4.9%, 14.1%, 15.9% and 5.4%, respectively.

The overall import volume index decreased by 5.3%
In February, the overall import volume index compared to the corresponding month of the preceding year decreased by 5.3%. While the index for “fuels” increased by 8.7%, the index for “food, beverages and tobacco”, “crude materials (except fuels)” and “manufactured goods (except food, beverages and tobacco)” decreased by 1.7%, 18.3% and 10.7%, respectively.

Foreign trade volume indices, February 2017
[2010=100]

The calendar and seasonally adjusted export volume index was 143.2 
The calendar and seasonally adjusted export volume index which was 145.1 in January 2017, decreased by 1.3%, to 143.2 in February 2017. The calendar adjusted export volume index which was 135.9 in February 2016, increased by 1.8%, to 138.3 in February 2017.

The calendar and seasonally adjusted import volume index was 129.3  
The calendar and seasonally adjusted import volume index which was 129.3 in January, remained the same in February 2017. The calendar adjusted import volume index which was 122.8 in February 2016, decreased by 3.3%, to 118.8 in February 2017.

Terms of trade was 106.7 in February 2017
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 were 114.8 in February 2016, it decreased by 8.1 points to 106.7 in February 2017.

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

Previous articleMost Fed Policymakers See Change to Balance Sheet Policy ‘Later This Year’: Minutes
Next articleGrowth Estimates for China!

LEAVE A REPLY

Please enter your comment!
Please enter your name here