Foreign Trade Indices, January 2020 in Turkey
As compared with the corresponding month of the preceding year, the overall export unit value index decreased by 0.7% in January. In the same month, compared to January 2019, while the index for food, beverages and tobacco, and fuels increased by 3.5% and 4.1%, respectively, the index for crude materials (except fuels) and manufactured goods (except food, beverages and tobacco) decreased by 1.1% and 1.6%, respectively.
The overall export volume index increased by 5.9%
The overall export volume index compared to the corresponding month of the preceding year increased by 5.9% in January. Compared with January 2019, the index for food, beverages and tobacco, crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) increased by 4.2%, 7.4%, 13.5% and 6.1%, respectively.
Export unit value and volume indices, January 2020
[2010=100]
The overall import unit value index decreased by 5.0%
As compared with the corresponding month of the preceding year, the overall import unit value index decreased by 5.0% in January. The index for food, beverages and tobacco, crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) decreased by 5.1%, 12.9%, 5.3% and 5.4%, respectively.
The overall import volume index increased by 24.3%
In January, the overall import volume index compared to the corresponding month of the preceding year increased by 24.3%. The index for food, beverages and tobacco, crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) increased by 33.6%, 23.3%, 3.9% and 20.8%, respectively.
Import unit value and volume indices, January 2020
[2010=100]
Foreign trade indices, January 2020
[2010=100]
The calendar and seasonally adjusted export volume index increased by 2.1%
The calendar and seasonally adjusted export volume index which was 168.2 in December 2019, increased by 2.1%, to 171.7 in January 2020. The calendar adjusted export volume index which was 144.4 in January 2019, increased by 5.9%, to 152.9 in January 2020.
The calendar and seasonally adjusted import volume index increased by 5.2%
The calendar and seasonally adjusted import volume index which was 134.9 in December 2019, increased by 5.2%, to 141.9 in January 2020. The calendar adjusted import volume index which was 108.2 in January 2019, increased by 25%, to 135.2 in January 2020.
Calendar and seasonally adjusted foreign trade volume indices, January 2020
[2010=100]
Terms of trade was 106.2 in January 2020
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 101.7 in January 2019, it increased by 4.5 points to 106.2 in January 2020.
Terms of trade, Januay 2020
[2010=100]
The next release on this subject will be on April 10, 2020.
Source: TurkStat
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