Deniz Kılınç / Istanbul, June 10 (HNA) – the overall export and import unit value indices rose by 13.3 percent and 39.4 percent, respectively, in april on an annual basis.
Turkish Statistical Institute (TurkStat) data revealed that in export unit value index, the index for food, beverages and tobacco, crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) increased by 9.3 percent, 17.6 percent, 78.6 percent and 10.6 percent, respectively, in april compared to the same month of the previous year.
During the same period, in the overall import unit value index, the index for food, beverages and tobacco, crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) increased by 26.8 percent, 24.5 percent, 194.8 percent and 10.4 percent, respectively.
While the overall export volume index rose by 10 percent, the overall import volume index decreased by 3.2 percent. In export volume index, the index for food, beverages and tobacco, crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) increased by 8.2 percent, 9.1 percent, 25.1 percent and 11.4 percent, respectively.
In the overall import volume index, while the index for food, beverages and tobacco, and manufactured goods (except food, beverages and tobacco) increased by 19.4 percent and 3.6 percent, respectively, the index for crude materials (except fuels) and fuels decreased by 5.4 percent and 20.2 percent, respectively.
Also, the calendar and seasonally adjusted export volume index increased by 11.9 percent to 161.9 in April, up from 144.7 in march. The calendar adjusted export volume index rose by 14.4 percent to 162.3 in April. It was 141.8 in the same month of the previous year.
The calendar and seasonally adjusted import volume index increased by 0.3 percent to 110.1 in april, up from 109.7 in March. The calendar adjusted import volume index read as 107.3 in april.
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 91.2 in April 2021, it decreased by 17.1 points to 74.1 in April 2022.
