Foreign Trade Indices, October 2019 in Turkey
The overall export unit value index decreased by 2.9%
As compared with the corresponding month of the preceding year, the overall export unit value index decreased by 2.9% in October. In the same month, compared to October 2018, while the index for food, beverages and tobacco increased by 4.6%, the index for crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) decreased by 1.9%, 18.7% and 3.4%, respectively.
The overall import unit value index decreased by 6.8%
As compared with the corresponding month of the preceding year, the overall import unit value index decreased by 6.8% in October. The index for food, beverages and tobacco, crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) decreased by 5.2%, 12%, 18.5% and 4.3%, respectively.
Foreign trade indices, October 2019
[2010=100]
The overall export volume index increased by 2.8%
The overall export volume index compared to the corresponding month of the preceding year increased by 2.8% in October. Compared with October 2018, the index for food, beverages and tobacco, crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) increased by 5.9%, 1.4%, 100.5% and 1.2%, respectively.
The overall import volume index increased by 15.9%
In October, the overall import volume index compared to the corresponding month of the preceding year increased by 15.9%. While the index for crude materials (except fuels) decreased by 1.5%, the index for food, beverages and tobacco, fuels and manufactured goods (except food, beverages and tobacco)increased by 20.2%, 4.2% and 13.8%, respectively.
Foreign trade volume indices, October 2019
[2010=100]
The calendar and seasonally adjusted export volume index decreased by 1.3%
The calendar and seasonally adjusted export volume index which was 167.7 in September 2019, decreased by 1.3%, to 165.6 in October 2019. The calendar adjusted export volume index which was 171.5 in October 2018, increased by 2.8%, to 176.4 in October 2019.
The calendar and seasonally adjusted import volume index increased by 4.4%
The calendar and seasonally adjusted import volume index which was 121.8 in September 2019, increased by 4.4%, to 127.2 in October 2019. The calendar adjusted import volume index which was 108.1 in October 2018, increased by 17.8%, to 127.4 in October 2019.
Terms of trade was 103.6 in October 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 99.4 in October 2018, it increased by 4.2 points to 103.6 in October 2019.
The next release on this subject will be on January 10, 2020.
Source: TUIK
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.
