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  3. Turkstat announces Turkiye's foreign trade indices
Turkstat announces Turkiye's foreign trade indices

Turkstat announces Turkiye's foreign trade indices

Foreign trade indices in December 2018 compared to the same month of the previous year, exports in a unit value decreased by 4.2 percent while imports did not change in Turkiye announced Turkstat on Friday.

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Turkstat announced Turkiye's foreign trade indices in December 2018.

As compared with the corresponding month of the preceding year, the overall export unit value index decreased by 4.2% in December.

In the same month, compared to December 2017, the index for food, beverages, and tobacco, crude materials (except fuels), fuels and manufactured goods (except food, beverages, and tobacco) decreased by 7.5%, 6.1%, 9.9%, and 3.6%, respectively. The overall export unit value index decreased by 3% in Quarter IV 2018, compared to the corresponding quarter of the preceding year. As compared with the year 2017, the index increased by 2.7% in 2018. The overall import unit value index remained the same As compared with the corresponding month of the preceding year; the overall import unit value index remained the same in December.

While the index for food, beverages, and tobacco, and manufactured goods (except food, beverages, and tobacco) decreased by 2% and 2.2%, respectively, the index for crude materials (except fuels) and fuels increased by 1% and 8.9%, respectively. The overall import unit value index increased by 1.6% in Quarter IV 2018, compared to the corresponding quarter of the preceding year. As compared with the year 2017, the index increased by 5.4% in 2018.

The overall export volume index increased by 4.5% The overall export volume index compared to the corresponding month of the preceding year increased by 4.5% in December. Compared with December 2017, the index for food, beverages, and tobacco, crude materials (except fuels), fuels and manufactured goods (except food, beverages, and tobacco) increased by 3.7%, 0.1%, 59.5% and 4%, respectively. The overall export volume index increased by 10.9% in Quarter IV 2018, compared to the corresponding quarter of the preceding year. As compared with the year 2017, the index increased by 4.4% in 2018.The overall import volume index decreased by 28.3% In December, the overall import volume index compared to the corresponding month of the preceding year decreased by 28.3%. The index for food, beverages, and tobacco, crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) decreased by 42.6%, 19.3%, 6.9% and 28.9%, respectively. The overall import volume index decreased by 25.8% in Quarter IV 2018, compared to the corresponding quarter of the preceding year. As compared with the year 2017, the index decreased by 9.5% in 2018.

The calendar and seasonally adjusted export volume index decreased by 4.6% The calendar and seasonally adjusted export volume index which was 165.1 in November 2018, decreased by 4.6%, to 157.4 in December 2018. The calendar adjusted export volume index, which was 151.3 in December 2017, increased by 4.5%, to 158.1 in December 2018. The calendar and seasonally adjusted import volume index decreased by 3.1% The calendar and seasonally adjusted import volume index which was 111.8 in November 2018, decreased by 3.1%, to 108.4 in December 2018. The calendar adjusted import volume index, which was 164 in December 2017, decreased by 28%, to 118.1 in December 2018. Terms of trade were 100.4 in December 2018 Terms of trade are 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 104.8 in December 2017, it decreased by 4.4 points to 100.4 in December 2018. Terms of trade decreased by 4.8 points to 99.7 in Quarter IV 2018, compared to the corresponding quarter of the preceding year. Terms of trade decreased by 2.7 points to 102.3 in 2018, compared to the preceding year.

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